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Simple Interest Questions

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Aditya Verma
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0% found this document useful (0 votes)
149 views5 pages

Simple Interest Questions

top questions from sici

Uploaded by

Aditya Verma
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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‘Simple interest by Raman Tiwari wested and the amount received is QL A ratio of an amount ' years at simple interest. Find rate of interest ? Q2 Ramesh took a from from suresh at the rate of 7% per annum simple interest. After 4 years , he had to pay Rs 15360. The principal amount borrowed by Ramesh ? Q3 A borrowed a loan from B at 14.28% ( approximately) simple interest for 4 years and repaid the loan with interest totalling rs. 278300. The amount of loan taken by A is Q4 A certain sum is invested at simple interest at r% per annum for 4.5 years. Had it been invested at (r+ 3 )% per annum at simple interest, it would have fetched Rs 5400 more as interest. What is the sum ? QS if the annual rate of simple interest increases from 11.75% to 18.5%, then a person's yearly income increases by rs. 33750. The simple interest on the same sum at 8% for S years ? Q6 The simple interest on a sum of money is 9/35 of the sum. If the number of years is numerically 5/7 times of rate percent per annum, then the rate percent per annum is Q7 The ratio of numerical value of rate of interest and time period at a sum invested is 5:2 and men get 22.5% of invested sum as interest. Find at the same rate how much interest will get on the sum of rs 2600 for three years ? Q8 Ifa sum of money at simple interest becomes 49 time in 70 years, then in how many years it will become 37 times Q9 Ifa sum of money at simple interest become 7/6 times in 6 years , then it will become 13/9 times in how many years ? ‘Simple interest by Raman Tiwari {QL0 The simple interest on a certain sum of money at the rate of 6% per annum for 8 years is Rs 9200. Find the rate of interest for whi the same amount of interest can be received on the same sum after 3 years ? {Q11 If the ratiobof principal and amount in current year at simple interest is 24:37 and after 17.5 years more this ratio will become ‘36:51. Find the rate of simple interest Q12 Ramesh borrowed a certain sum, if this amounts to Rs 5004 in 3 years and Rs 6174 in 5.5 years at the same rate of simple interest per annum. Then the rate of simpler interest is ? Q13 Ifa sum of money amount to rs 5000 in 2 years 3 month and Rs 6500 in 4 years 9 month at the same rate of simple interest per annum. Then the approximate rate of simple interest is.. ‘14 A man deposit a total of Rs 207000 in the account of his three sons ages 17 years , 16 years and 11 years respectively, at 5 %rate of simple interest. He deposited the sum in such a way that when they attain the age of 21 years they will get the same amount. Find the ‘sum deposited in the account of younger son ? ‘Q15 A man invested a certain sum in three scheme A, B and C for 2 year , 3 years and 5 years respectively, in such a way that after the completion of all the scheme he will get same interest. If rate % offer by each scheme is 5%, 10% and 12% respectively at simple interest, then find the ratio of sum invested in schemes ‘Q16 Motu and Patlu both were best friends. One day Patlu was in trouble so to get him out of the problem, Motu lent * 50,000 to Patlu at 4% per annum of simple interest for 8 years. After a few years, Motu offered a discount on the rate of interest for friendship. Therefore, the rate of interest decreased to 2%. In this way, Patlu had to pay a total amount of 60,000. After how many years Patlu got the discount in rate of interest. ? ‘Simple interest by Raman Tiwari Q17 Out of a certain sum of money, 1/10th was invested at 8% p.a simple interest, 1/4th at 12% p.a simple interest and the rest at 10% p.a. simple interest for one year. If at the end of the year the interest earned was Rs 824, find the principal amount. Q18 Mr Mehra Ld planning for higher education expenses for his two sons, ages 15 and 12. He plans to divide Rs. 15 lakhs into two equal parts and invest in two different plans such that his sons may have access to RS. 21 lakhs each when they reach the age of 21. He is looking fora plan that will give him a simple interest per annum. The rates of interest ofthe plans for his younger son and elder son should be: ‘Q19 A man invested Rs. 6 lakh in a bank for four years at the rate of 7.5% p.a. and he withdrew only the interest from the bank after four years. Man distributed interest between the account of his two sons A & B , ages 12 years and 14 years respectively, in such s way that when they attain the age of 18 years they will get the same amount. If bank offers 5% rate of simple interest p.a. then find the share of B? Q20 A person divided a sum of Rs.17200 into three parts amd invested at 5%, 6% and 9% per annum simple interest. At the ned of two years, he got the same interest on each part of money. What is the invested at 9962 ‘Q21 Rs.18210 is invested in three schemes- A, B and C for S years, 8years and 4 years respectively. Of these three schemes give simple interest of 12%, 10% and 12.5% respectively. After completion of each scheme a person gets amount in the ratio 3:7:4 from these ‘schemes. Then find the sum of money invested in scheme C? Q22 A person invested a sun of Rs.90000 in 3 schemes A, B and C at the rate of 16%, 19% and 31% per annum respectively. The amount invested in scheme C is 50% more than the amount invested in scheme A. Find the total amount invested in scheme. amount of Rs.150300 in 3 years. ‘Simple interest by Raman Tiwari (023 A person invested 2/3rd of his capital at 12% simple interest per annum, 1/4th at 15% simple interest per annum and the balance at 18% simple interest per annum. fhe earns an interest of Rs.1961 on the whole in two years, what was the person's capital (024 a man receives on 1/4th of his capital 72% simple interest, 5.3% of the remaining 2/Sth capital and on the remaining capital 5.8%. The total amount received by man after three years is Rs.82600. Then find total principal? 025 Mahesh invested 1/8 of a certain sum at 5% p.a. for two years and 3/5 of the sum at 6: IM the total interest received is Rs.1674, then the total sum invested ‘wo years and the remaining at 10% p.a. fortwo years. G26 The rate of simple interest for first 4 years is 6%, for next 3 years is 3.5% and the period beyond 7 years tis 3.3% pet annum. Ifthe total interest at the end of 12 years is rs 4080. Find the intial investment? (227 The rate of simple interest on a certain sum of money Is 6.5% per annum for fist four years, 9% per annum for next 7 years and 10% per annum for the ‘period beyond 11 years. f the amount received at the end of 19 years is Rs 43040. Find the sum ? ‘028 Ramesh gives one -fourth of the sum of rs 150000 to suresh at a certain rate of simple interest and the rest to karan at 4% per annum higher rate. the total interes received after 3 years srs 74250, what isthe rate at which the second sum was invested ? {29 A man invested a sumQ25 Mahesh invested 1/8 of a certain sum at 5% p.a for two years and 3/5 of the sum at 6% p.2 firtwo years and the remaining at 10% pa. fortwo years Ifthe total interest received is Rs.1674, then the total sum invested is: (030 Kartik lends Rs 40000 to two of his friends. He gives Rs 24000 to the first at 8% p.a. simple interest. Kartik wants to make a total profit of 10% on the whole. The simple interest rate at which he should lend the remaining sum of money to the second friend is? .Q31 Amit took a total of Rs 15600 partly at 7% per annum and the remaining at 9% per annum simple interest. If the total interest paid by him at the end of 3 years is Rs 3738, how much money that he took at 7% per annum ? (032 Rahul invested Rs 4800 in two parts, one part at rate of 11% per annum and remaining part at 15% simple interest. Ifthe simple interest received after four years is rs 2544, Then the difference between two parts ? ‘Simple interest by Raman Tiwari (@33 Rahul invested Rs 45000 in two parts, one part at rate of 10% per annum and remaining part at 12% simple interest. Ifthe amount received after three years se 59940, Then the find the amount invested at 12% per annum ? (@34 A person invested 2,70,000 +s in mutual fund , gold and stock market atthe rate of 16%, 19% and 31% per annum respectively. The amount invested in stock market is 50% more than the amount invested in scheme mutual fund. Find the total amount invested in Gold, if he gets a total amount of Rs 450900 Iinthree years ? 035 A person invested a total amount of Rs 15 lakh. A part of it was invested in a fixed deposit earning 6% annual interest, and the remaining amount was vested in two other deposits in the atio2: 1, earning annual interest at the rates of 4% and 3%, respectively. f the total annual interest income is RS "76000 then the amount (in Rs lakh) invested in the fixed deposit was (type in box) {036 A sum of money amounts to Rs. 15360 in 4 years. Ifthe rate of interest is increased by 20% the amount becomes Rs. 16032 in same time. Then find the rate of interest? (037 A sum of Rs. £400 amounts to Rs. 11096 at 8.78% pa. simple interest in certain time. What isthe simple interest on the sum of Rs, 9600 at the same rate for the same time (038 A sum of Rs. 9600 amounts to Rs. 10480 at 9.25% rate for the time "0.67" simple interest in certain time T. What isthe simple interest on the sum of Rs. 8400 atthe same {039 A sum of Rs 50000 is divided into two parts such thatthe simple interest on the first part for 4 1/5 years at 6 2/3 % per Interest on the second part for 2 3/4 years at 4% per annum. What i the difference between the two parts ? ynnum is double the simple {40 The simple interest in 25 years iss 4000. What isthe simple interest if the initial principal amount is increased by 12%, 15%, 18% and 20% respectively after every 5 years ?

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