Type- formula based interest.

In 6 years the interest amounted

to 360 more than the sum lent. What is the
What will be the simple interest on a sum sum lent?
of Rs. 12000 at the rate of 15 percent per
annum for three years? A person deposited Rs. 15,600 in a fixed
deposit at 10% per annum simple interest.
Find the simple interest on a sum of Rs. After every sec-ond year he adds his
48750 at 16% per annum for 73 days in a interest earned to the princi-pal. The
non-leap year. interest at the end of 4 years is:

Ashima borrowed 75,000 from a Anand opened a bank account. He is paid

nationalised bank on 26th March 2022 at 3% interest on the average balance but is
the rate of 9% per annum simple interest. charged Rs. 5 monthly charge. Assuming
If she cleared the account on 7th June of that interest is paid monthly (regardless of
the same year, then what amount did she the number of days in the month).
pay? Calculate the average balance you must
maintain to offset the Rs. 5 monthly
If the simple interest on Rs. 1 for 1 month charge?
is 1 paisa, then the rate percent per Type- middle man/rate diff
annum will be- A borrows a sum of Rs. 90,000 for 4 years
at 5% simple interest. He lends it to B at
Find the simple interest on Rs. 2,700 for 8 7% for 4 years at simple interest. What is
months at 5 paisa per rupee per month? his gain (in Rs)?

The principal on which a simple interest of Ram borrowed a sum of Rs. 6300 from
Rs. 55 will be obtained after 9 months at sita at the rate of 14% per annum for 3
the rate of 3(2 /3)% per annum is. years. He added some more money in it
and lent it to Geeta at 16% for 3 years and
The discount on a certain sum of money, got a total profit of Rs. 618. Find how
due at the end of 2( 1/4 )years at 2(⅔)% much amount he added?
p.a. is Rs. [Link] the sum.
Type- time difference
If the present amount is Rs. 87,750 with
8% rate of interest in four years, then what Two equal sums are deposited in the bank
was the princi-pal amount? at a simple interest rate of 15% per
annum for 3(½) years and 5 years. If
In how many years will the simple interest difference between their interests is Rs.
on a sum of money be equal to the 144, then each sums is
principal at the rate of 12 (2/4)% p.a.?
Principal difference
What is the ratio of the simple interest
earned on a certain amount at the rate of A and B borrowed Rs. 3,000 and Rs.
21% per annum for 8 years to that earned 3,200 respectively at the same rate of
on the same sum at the same rate for 21 interest for 2(1 /2 )years. If B paid Rs. 40
years? more interest than A, find the rate of
interest.
A person lent certain sum of money at the
annual rate of 25 percent on simple
Difference of simple interest on Rs. 1500 increases by 2%, then what will be the
earned from different sources for 3 years simple interest (in Rs) on Rs.5,000 for 3
is 13.50. What is the difference between years?
their rate of interest?(in percentage)
The simple interest on a certain amount of
Type- proportional si money is 45% of the principal amount.
The time for which the money was lent is
At a certain rate of simple interest, a four-fifth of the numerical value of the rate
certain sum of money becomes double of percent per annum. What is the rate
itself in 10 years. It will become triple of percent per annum ?
itself in:
Rs. 2000 is invested at 10% p.a. on S.I. If
In how many least number of complete that interest is added to the principal after
years a sum of money become more than every 20 years. After how many years the
four times of itself at the rate of 50 percent amount will become Rs. 14000 after 5
per annum on simple interest? years of investment?

A sum of money becomes three times of Four sums p, q, r and k are such that p is
itself at the rate of 10 percent per annum interest of q, q is interest for r and r is
on simple interest. Which of the following interest of k. If the time is the same then
statement(s) is/are correct? find the value of P:K.

1. It will become 5 times of itself at the rate Type- rate -x% higher/lower
of 20 percent per annum on simple
interest in the same time period. A sum is invested at certain simple
interest rate for 2 years. If it is invested at
II. It will become 7 times of itself at the rate rate 1% more then interest earned will be
of 30 Rs. 24 more. Find the sum invested?

percent per annum on simple interest in A sum becomes Rs. 920 from Rs. 800 at
the same time period. rate of simple interest in 3 years. If rate is
increased by 3%, then what will be the
Type- si= m/n P amount in same time?

Simple interest of a certain sum for 6 Type-total interest is given

years is 9/ 25th of the principal. Find rate
of interest Two equal sums are lent at 7% and 5%
simple interest rate respectively. Total
The simple interest on a sum of money is interest earned on both loans is Rs.960 in
8/25 of the sum. If the number of years 4 years What is the total sum lent ?
are numerically half the rate percent per
annum, then the rate per-cent per annum At simple interest a person invests some
is? amount at 5% per annum and another
amount at 9% per annum. If two-thirds of
Simple interest on a certain sum the first amount is equal to the four-fifths
one-fourth of the sum and the interest rate of the sec-ond amount, and total interest
percentage per annum is 4 times the earned in 2 years is Rs.2070. What was
numbers of years. If the rate of interest the total sum invested?/
 by Q after 3 years is same, and Interest of
A sum of Rs. 725 is lent in the beginning P & Q in 1 year is Rs. 8400. Find at what
of a year at a certain rate of interest. After Rate of simple interest Q borrowed the
4 months, a sum of Rs. 362.50 more is money form R.
lent at twice rate of the former. At the end
of the year Rs. 33.50 earned as interests Type- equal amount
from both the loans. What was the original A sum of Rs. 24000 is divided in three
rate of interest? parts in such a way that I part at 10% for 5
Years on SI, II part at 4% for 5 years on
A person invested a sum of Rs. 10,500 at SI, and III™ part at 5% for 20 years on SI.
x% per annum at simple interest and a If the Amount Received from all three
sum of Rs. 13,500 at (x + 2)% p.a. at parts are equal. Find the 3rd part of the
simple interest. If the total interest earned sum.
on both the investments for 3 years is Rs.
7650, then the rate of interest on the first A man lent out two equal sums in two
investment is: parts at the rate of 8% and 7% per annum
on Sl. If the former is recovered 6 months
A person lends 40% of his sum of money earlier than the later, & he receives an
at 15% per annum, 50% of rest at 10% equal amount of Rs. 2560 each from both
per annum and the rest at 18% per annum the parts. Find the principal.
rate of interest. What would be the annual
rate of interest, if the interest is calculated Type- si1 = nsi2
on the whole sum?
A sum of Rs. 50,250 is divided into two
Type- equal interest parts such that he simple interest on the
first part for 7(1/2) years at (8 1/3)% p.a. is
Rs. 26,000 is invested in two parts in such 5/2 times the simple interest on the
a way that the SI from 1st part at 10% per second part for 5 1/4 years at 8% p.a.
annum for 5 years is equal the simple What is the difference (in Rs.) between the
interest on 2nd part at 9% per annum for 6 two parts?
years. Find second part of the sum?
A certain amount is lent at x% p.a. simple
If the simple interest on Rs. x at a rate of interest for 3 years. Instead, if the amount
a% for 'm' years is same as that on Rs. y was lent at 3x% p.a. simple interest for 'y'
at a rate of a² % for m² years, then x: y is more years, then the simple interest would
equal to: have been seven times the earlier interest.
What is the value of y?
Rajesh distributes Rs. 1200 among his
three friends at rate of interest as Type- installment
5(15/17)%, 5(5/19)% & 7(9/13)%
for 17 years, 19 years & 13 year, such Monthy rate
that simple interest received by each
friend is equal. Find money given to A mobile is sold for Rs. 4400 cash or for
second friend. Rs. 2000 cash down payment together
with Rs. 2440 to be after one month. Find
P&Q borrowed Rs. 40000 and 60000 from the rate of interest charged in the
Rat different rate of interest. If the Interest installment scheme.
given by P after 4 years and interest given
A bicycle can be purchased on the followed by 4 equal monthly instalments. If
payment of Rs. 1500. But the same cycle the rate of interest charged is 24% per
can also be purchased on the cash down annum simple interest, what is the monthly
payment of Rs. 350 and rest can be paid instalment (in Rs., rounded off to the
in three equal monthly installment of Rs. nearest tens)?
400 for next three months. Find the rate of
simple interest?

If the price of an article is Rs. 9000, if this

article is purchased on the cash down
payment of Rs. 2200 and rest can be paid
in five equal monthly install-ment of Rs.
1400 for next five months. Find the rate of
simple interest annually.

Yearly rate

A man borrowed a sum of Rs. 7000 from

bank at SI after 3 years he paid Rs. 3000
to the bank and at the end of 5 years he
paid Rs. 5450 and clear all his dues. Find
the rate percent?

A person borrows Rs. 1,00,000 from a

bank at 10% per annum simple interest
and clears the debt in five years. If the
instalment paid at the end of the first,
second, third and fourth years to clear the
debt are Rs. 10,000, Rs.20,000,
Rs.30,000 and Rs.40,000, respectively,
what amount should be paid at the end of
the fifth year to clear the debt?

Installment is asked

A man deposit a certain amount in the

bank at the end of each year at the rate of
10% per annum on Sl for 5 year so that he
received Rs. 4200 at the end of 5th year.
Find how much amount does he deposit at
the end of each year?

What annual payment will discharge a due

debit of 4200 Rs. After 5 years 10% rate of
S.1.

A digital note-pad is available for Rs.

25,000 cash or Rs. 2,500 down payment