MATH CHAPTER: SIMPLE INTEREST|SANKALPA COMPETITIVE STUDY|PHONE-9477052517

NOTES:

𝑃×𝑅×𝑇 100×𝑆𝐼 100×𝑆𝐼 100×𝑆𝐼

R= Rate of interest
Amount= Principal +S.I
T= Time
Conversion of months into years:- Conversion of days into years:-
1 1
➢ 1 month→ 12 yrs ➢ 1 day → 365 yrs
3 1 73 1
➢ 3 month → 12 yrs= 4 yrs ➢ 73 days → 365 yrs= 5 yrs
8 2 146 2
➢ 8 month → 12 yrs= yrs ➢ 146 days → 365 yrs= yrs
3 5

TYPE-1 (FORMULA BASED QUESTIONS)

1) What will be the simple interest on a sum of Rs. 12000 at the rate of 15 percent per annum for three years?
(a) Rs.5400 (b) Rs.6000 (c) Rs.7200 (d) Rs.4500
2) Rs. 2,64,000 is invested for 3 years at 8.25% p.a. simple interest. The interest is: (a) Rs.87,120 (b) Rs.43,560 (c)
Rs.21,780 (d) Rs.65,340
3) How much simple interest will be earned on Rs. 4000 in 18 months at a rate of 12% per annum? (a) Rs.216 (b) Rs.360
(c) Rs.720 (d) Rs.960
4) Find the simple interest on a sum of Rs. 48750 at 16% per annum for 73 days in a non-leap year. (a) 1560 (b) 1500 (c)
1600 (d) 1860
5) Ashima borrowed 75,000 from a nationalised banks on 26th March 2022 at the rate of 9% per annum simple interest. If
she cleared the account on 7th June of the same year, then what amount did she pay? (a) 75000 (b) 76350 (c) 1350
(d) 75350
6) Find the simple interest on Rs. 2000 at 4 % р.а. for the period of 4th February to 18 April 2015. (a) Rs.25 (b) Rs.30 (c)
Rs.35 (d) Rs.40
7) The simple interest on Rs. 7,300 at 15% p.a. from 28 April to 4 November, approximately is: (a) Rs.570.00 (b) Rs.547.50
(c) Rs.1,095.00 (d) Rs.750.00
8) At what rate of interest will a sum of Rs. 4,500 amount to Rs. 6,525 at simple interest for 5 years? (a) 8% (b) 12% (c)
10% (d) 9%
9) If the simple interest on Rs. 1 for 1 month is 1 paisa, then the rate percent per annum will be- (a) 10% (b) 8% (c) 12%
(d) 6%
10) Find the simple interest on Rs. 2,700 for 8 months at 5 paisa per rupee per month? (a) Rs.950 (b) Rs.720 (c) Rs.540 (d)
Rs.1080
11) The sum of money that will yield Rs. 60 as simple interest at 6% per annum in 5 years is: (a) 200 (b) 225 (c) 175 (d)
300
2
12) The principal on which a simple interest of Rs. 55 will be obtained after 9 months at the rate of 3 3 % per annum is. (a)
Rs.1000 (b) Rs.1500 (c) Rs.2000 (d) Rs.2500
2
13) The principal which gives Rs. 100 interest per day at a rate of 14 7 % simple interest per annum is: (a) Rs.1,73000 (b)
Rs. 1,82,000 (c) Rs. 1,84,000 (d) Rs.2,55,500
14) The discount on a certain sum of money, due at the end of 2 (1/4) years at 2 (2/3)% p.a. is Rs. 78. Find the sum. (a)
Rs.1278 (b) Rs.1300 (c) Rs.1378 (d) Rs.1400
15) A sum of money at simple interest amounts to Rs. 403 in 3 years at the rate of 10% per annum. What is the value of the
sum? (a) Rs.400 (b) Rs.380 (c) Rs.310 (d) Rs.345
16) In how many years will the simple interest on a sum of money be equal to the principal at the rate of 12(2/4)% p.a.? (a)
7 years (b) 5 years (c) 8 years (d) 6 years
17) What is the ratio of the simple interest earned on a certain amount at the rate of 21% per annum for 8 years to that
earned on the same sum at the same rate for 21 years? (a) 21:5 (b) 21:8 (c) 8:21 (d) 5:21
18) If principal amount is half, rate is doubled and time is kept constant, then ratio of old SI and new SI is: (a) 2:5 (b) 1:1 (c)
2:3 (d) 2:1

STUDY MATERIAL FOR ALL GOVERNMENT JOB EXAMINATION (SSC, PSC,WBP & RAILWAY) Page 1
 MATH CHAPTER: SIMPLE INTEREST|SANKALPA COMPETITIVE STUDY|PHONE-9477052517

19) A person lent certain sum of money at the annual rate of 25 percent on simple interest. In 6 years the interest amounted
to 360 more than the sum lent. What is the sum lent? (a) Rs. 600 (b) Rs. 360 (c) Rs. 720 (d) Rs. 540
20) Sum Rs. 20000 and Rs. 40000 are given on simple interest at the rate of 10 percent and 15 percent per annum
respectively for 3 years. What will be the total simple interest? (a) Rs. 31,250 (b) Rs. 36,000 (c) Rs. 24,000 (d) Rs. 32,000
21) If the SI on a certain sum of money for 3 years at the rate of 12.5% is Rs. 3500 less than its principal. Find the sum. (a)
5600 (b) 5800 (c) 5700 (d) 5500
2
22) If the SI on a certain sum of money at 6 3 % per annum for 4 years is Rs. 4400 less than its principal find the SI.
(a) 1800 (b) 1850 (c) 1600 (d) 1930

Type – 02

1) A borrows a sum of Rs. 90,000 for 4 years at 5% simple interest. He lends it to B at 7% for 4 years at simple interest.
What is his gain (in Rs)? (a) 8,000 (b) 9,000 (c) 7,200 (d) 7,500
1
2) A person borrows Rs. 7,000 for 3 years at 5% p.a. simple interest. He immediately lends it to another 1 person at 6 3 %
p.a for 3 years. Find the gain in the transaction per year. (a) Rs. 90 (b) Rs. 93.33 (c) Rs. 92 (d) Rs. 95.33
3) X borrowed some money from a source at 8% simple interest and lent it to Y at 12% simple interest on the same day and
gained Rs. 4,800 as a profit after 3 years. The amount X borrowed, (in Rs) is: (a) 1,20,000 (b) 40,000 (c) 42,000 (d)
60,000
4) Ram borrow a sum of Rs. 6300 from sita at the rate of 14% per annum for 3 years. He added some more money in it and
lent it to Geeta at 16% for 3 years and gets total profit of Rs. 618. Find how much amount does he added? (a) Rs. 1000
(b) Rs. 900 (c) Rs. 500 (d) Rs. 600

TYPE-3

1
1) Two equal sums are deposited in bank at simple interest rate of 15% per annum for 3 2 years and 5 years. If difference
between their interests is Rs. 144, then each sums is- (a) Rs.460 (b) Rs.500 (c) Rs.640 (d) Rs.720
2) X and Y has given equal money at rate of 7.5% per annum for 4 years and 5 years respectively. If difference between the
interests is Rs. 150 then what was the money given to each of them? (a) Rs.500 (b) Rs.1000 (c) Rs.2000 (d) Rs.3000
3) Ram deposited a certain sum of money in a company at 12% per annum simple interest for 4 years and deposited equal
amount in fixed deposit in a bank for 5 years at 15% per annum simple interest. If the difference in the interest from two
sources is Rs. 1350, then the sum deposited in each case is: (a) Rs 5000 (b) Rs.4000 (c) Rs.3000 (d) Rs.6500
4) The simple interest on a certain sum for 3 years at 14% p.a. is Rs. 4,200 less than the simple interest on the same sum for
5 years at the same rate. Find the sum. (a) Rs. 16,000 (b) Rs. 10,000 (c) Rs.15,000 (d) Rs.12,000
5) On a certain sum of money, the simple interest received in 2 (1/2) years at the rate of 12% per annum is Rs. 50 less than
the simple interest received on the same sum in 3 (1/2) years at the rate of 10% per annum. Find the principal. (a)
Rs.1100 (b) Rs.1000 (c) Rs.1090 (d) Rs.1050
6) A and B borrowed Rs. 3,000 and Rs. 3,200 геspectively at the same rate of interest for 2 (1/2) years. If B paid Rs. 40
more interest than A, find the rate of interest. (a) 7% (b) 8% (c) 6% (d) 5%
7) A and B borrows Rs. 2000 and Rs. 3000 respectively on same interest rate for 2 (1/2) years. If B paid Rs. 125 more
interest than A, find rate of interest? (a) 7% (b) 8% (c) 6% (d) 5%
8) Difference of simple interest on Rs. 1500 earned from different sources for 3 years is 13.50. What is the difference
between their rate of interest? (in percentage) (a) 0.6 (b) 1 (c) 0.8 (d) 0.3
9) The difference of simple interest from two banks on Rs. 8,000 in 3 years is Rs. 800. If the rate of interest per annum in
two banks are R1 and R2, then what is the value of R1 - R2? (Where R1 > R2). (a) 2(1/3)% (b) 1(1/3)% (c) 3(1/3)%
(d) 5(1/3)%
𝑛−1
TYPE-4 (Time related problem) T= 𝑅%

1) At a certain rate of simple interest, a certain sum of money becomes double of itself in 10 years. It will become triple of
itself in: (a) 15 years (b) 18 years (c) 20 years (d) 30 years
2) A certain sum becomes 5 times in 3 years. At simple interest, then in how many years it will become 13 times? (a) 6
years (b) 15 years (c) 9 years (d) 12 years
3) A sum at simple interest becomes two times in 8 years at a certain rate of interest p.a. The time in which the same sum
will be 4 times at the same rate of interest at simple interest is: (a) 30 years (b) 25 years (c) 24 years (d) 20 years
4) A sum at a simple interest of 8% p.a. becomes 7/5 of itself in how many years? (a) 5 (b) 2 ½ (c) 3 ½ (d) 2

STUDY MATERIAL FOR ALL GOVERNMENT JOB EXAMINATION (SSC, PSC,WBP & RAILWAY) Page 2
 MATH CHAPTER: SIMPLE INTEREST|SANKALPA COMPETITIVE STUDY|PHONE-9477052517

5) In how many least number of complete years a sum of money become more than four times of itself at the rate of 50
percent per annum on simple interest? (a) 9 years (b) 7 years (c) 6 years (d) 5 years
41 1
6) A sum of money becomes 40 of itself of 4 years at a certain rate of interest . The rate of interest per annum is: (a) 10% (b)
1% (c) 2.5% (d) 5%
7) A sum of money invested at simple interest becomes 17/10 of itself in 2 years and 6 months. What is the rate of interest
per annum? (a) 22% (b) 16% (c) 28% (d) 34%
8) If a certain sum of money doubles itself in 7 years 8 months at simple interest, then what will be the yearly rate of
interest (in %)? (a) 18 (3/4)% (b) 13(1/23)% (c) 26 (2/23)% (d) 30%
𝑚
TYPE – 05 (S.I = 𝑛 × P )

1) Simple interest of a certain sum for 6 years is 9/25 th of the principal. Find rate of interest? (a) 6% (b) (6 1/2)% (c) 8%
(d) (8 1/2)%
2) Simple interest on a certain sum becomes the principal at the end of rate 6 1/4 3/8 years. Find annual of interest ? (a)
5% (b) 6% (c) 7% (d) 8%
3) The simple interest on a sum for 5 years is two- fifth of the sum. The rate of interest per annum is: (a) 0.1 (b) 0.08 (c)
0.06 (d) 0.04
4) On a certain sum the simple interest for 12.5 years is 3/4 of the sum. Then the rate of interest is- (a) 5% per yr (b) 6%
per yr (c) 7% per yr (d) 8% per yr
5) The simple interest on a sum of money is 8/25 of the sum. If the number of years are numerically half the rate percent
per annum, then the rate per- cent per annum is? (a) 8% (b) (6 1/4)% (c) 5% (d) 4%
6) If the simple interest for 9 years be equal to 45% of the principal, then the rate of interest per annum is equal to: (a) 5%
(b) 8% (c) 9% (d) 6%
7) In how much time will the simple interest on a certain sum of money be 6/5 times of the sum of 20% per annum? (a) 7
years (b) 8 years (c) 5 years (d) 6 years
8) If simple interest on an amount is equal to 30% of the principal in 6 yr, then after how many years to simple interest will
be equal to principal? (a) 20 (b) 30 (c) 10 (d) 22
9) In how much time would the simple interest on a principal amount be 0.125 times the principal amount at 10% per
annum? (a) 1 (1/4) yr (b) 1 3/4 yr (c) 2 (1/4) yr (d) 2( ¾) yr
10) At what rate of simple interest per annum (correct to one decimal place) is the interest earned for 11 months on a
certain sum of money 0.08 times the principal amount? (a) 8.2% (b) 9.3% (c) 8.7% (d) 11.2%
11) In how many years will the simple interest on a sum of money be equal to the principal at rate of 12 (2/4)% per annum?
(a) 7 years (b) 5 years (c) 8 years (d) 6 years
12) S.I. on a sum is 9/16 th of its principal. Accordingly if the annual rate of interest and time are same in number, then what
was the no. of years for which sum is lent ? (a) 5 ½ (b) 6 ½ (c) 7 ½ (d) 7
13) Simple interest on a certain sum one-fourth of the sum and the interest rate percentage per annum is 4 times the
numbers of years. If the rate of interest increases by 2%, then what will be the simple interest (in Rs) on Rs.5,000 for 3
years? (a) 300 (b) 1,500 (c) 2,000 (d) 1,800
14) The simple interest on a certain amount of money is 45% of the principal amount. The time for which the money was
lent is four-fifth of the numerical value of the rate percent per annum. What is the rate percent per annum ? (a) 15% (b)
7.5% (c) 9.5% (d) 12%

TYPE – 06

1) A certain sum at simple interest amounts to Rs. 1350 in 5 yr and to Rs. 1620 in 8 yr. What is the sum? (a) Rs. 700 (b) Rs.
800 (c) Rs. 900 (d) Rs. 1000
2) A certain sum becomes Rs. 1020 in 5 years and Rs. 1200 in 8 years at simple interest. What is the value of principal ? (a)
820 (b) 780 (c) 700 (d) 720
3) A sum of money at simple interest amounts to Rs. 6,000 in 4 years and to Rs. 6,750 in 7 years at the same rate per cent
p.a. of interest. The sum (in Rs.) is: - (a) 5,100 (b) 4,800 (c) 4,000 (d) 5,000
4) A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and Rs. 1020 after a further period of 5
years. Find the principal. (a) Rs. 6000 (b) Rs. 600 (c) Rs. 1740 (d) Rs. 120
5) At simple interest rate per annum a certain sum amounts to Rs.5182 in two years and Rs. 5832 in 3 years, then principal
in Rs. Is- (a) Rs.2882 (b) Rs.5000 (c) Rs.3882 (d) Rs.4000
6) Rs. 5,000 amounts to Rs. 5,700 in one year. Accordingly, what will be the amount of Rs. 7,000 become at same rate of
simple interest in 5 years? (a) Rs. 12,700 (b) Rs.7,700 (c) Rs.10,500 (d) Rs.11,900

STUDY MATERIAL FOR ALL GOVERNMENT JOB EXAMINATION (SSC, PSC,WBP & RAILWAY) Page 3
 MATH CHAPTER: SIMPLE INTEREST|SANKALPA COMPETITIVE STUDY|PHONE-9477052517

7) A sum lent out at simple interest amounts to Rs. 6,076 in 1 year and Rs. 7,504 in 4 years. The sum and the rate of interest
p.a. are respectively. (a) Rs.5,500 and 9% (b) Rs.5,600 and 8.5% (c) Rs.5,400 and 9% (d) Rs.5,400 and 10%
8) A certain sum becomes Rs. 12,900 and Rs. 14250 at the end of 4 years and 5 years respectively at simple interest rate.
Find rate of interest? (a) 10% (b) 12% (c) 18% (d) 20%
9) A sum invested at simple interest becomes Rs. 306 at the end of 5 years. If interest is equal to 9/25 th part of principal,
then what is rate percent per annum? (a) 6% (b) 7 (1/5)% (c) 8 (2/5)% (d) 10%
10) On simple interest, a certain sum becomes Rs. 59,200 in 6 years and Rs. 72,000 in 10 years. If the rate of interest had
been 2% more, then in how many years would the sum have become Rs. 76,000? (a) 10 (b) 9 (c) 8 (d) 7

TYPE-7 (WHEN PRINCIPAL & AMOUNT RATIO IS GIVEN)

1) Ratio of principal and simple interest at rate of 10% per annum for a definite period was 10: 3. What was the time period
of invested money? (a) 1 years (b) 3 years (c) 5 years (d) 7 years
2) Ratio of a principal and amount after 1 year is 10: 12. What is the annual rate of interest? (a) 12% (b) 16% (c) 18%
(d) 20%
3) Ratio of a principal and interest after 1 year is 11: 3. What is the annual rate of interest? (a) 28.28% (b) 27.27% (c)
18.73% (d) 26.26%
4) Ratio of principal and amount at certain SI rate for certain time is 4: 5. After 3 years, ratio becomes 5: 7 at same interest
rate. What is rate of interest? (a) 4% (b) 6% (c) 5% (d) 7%
5) At a certain rate of interest for certain time a certain sum gives the ratio of principal and amount of 4:7 respectively. For
same sum at same rate of interest after 3 more years become 5:11. Find R% (a) 16% (b) 17% (c) 14% (d) 15%
6) If the ratio of principal and amount in current year at simple interest is 6: 13 and after 18.5 years this ratio will become
5: 17. Find rate of simple interest? (a) 5(1/5) (b) 7(2/ 4) (c) 6(2/3) (d) N.O.T

TYPE – 8 (RATE IS X% HIGHER & LOWER)

1) A sum is invested at certain simple interest rate for 2 years. If it is invested at rate 1% more than interest earned will be
Rs. 24 more. Find the sum invested? (a) Rs.1200 (b) Rs.1050 (c) Rs.1000 (d) Rs.9600
2) A sum is lent on certain simple interest rate for 3 years. If it is lent at rate of 2.5% per annum more than previous rate,
then interest received would be Rs. 540 more find the sum lent? (a) Rs.6400 (b) Rs.6472 (c) Rs.6840 (d) Rs.7200
3) A sum becomes Rs. 920 from Rs. 800 at rate of simple interest in 3 years. If rate is increased by 3%, then what will be the
amount in same time? (a) Rs.992 (b) Rs.962 (c) Rs.942 (d) Rs.982
4) A sum becomes Rs. 3264 from Rs. 2400 in 4 years at a certain rate of simple interest. If rate of interest is increased by
1%, what will be the amount in same time? (a) Rs.3,288 (b) Rs.3,312 (c) Rs.3,340 (d) Rs.3,360
1
5) A certain sum (in Rs.) is invested at simple interest at y% per annum for 3 2 years. Had it been invested at (y + 4)% per
annum at simple interest, it would have fetched Rs. 4,452 more as interest. What is the sum? (a) Rs.42,400 (b)
Rs.31,800 (c) Rs.30,400 (d) Rs.42,800
6) A sum of Rs. 4000 at the rate of x% p.a. simple interest becomes Rs. 5008 in three years. If the rate of interest becomes (x
+ 2.6)% then find the revised maturity amount. (a) Rs.5330 (b) Rs.5420 (c) Rs.5200 (d) Rs.5320

TYPE-9 (WHEN TOTAL INTEREST IS GIVEN)

1) Two equal sums are lent at 7% and 5% simple interest rate respectively. Total interest earned on both loans is Rs.960 in
4 years What is the total sum lent? (a) Rs.2000 (b) Rs.2500 (c) Rs.4000 (d) Rs.3000
2) If the total simple interest on a sum of Rs. 1400 for 4 years at rate of interest x% p.a. and on the same sum for two years
at the same rate, is Rs. 672, then the value of x is: (a) 9% (b) 8% (c) 6% (d) 10%
3) At simple interest a person invests some amount at 5% per annum and another amount at 9% per annum. If two-thirds
of the first amount is equal to the four-fifths of the second amount, and total interest earned in 2 years is Rs.2070. What
was the total sum invested? (a) Rs. 18000 (b) Rs.17500 (c) Rs.15180 (d) Rs.15240
4) Mr. X deposited some amount in the bank at the rate of 10% simple interest and the remaining amount at the rate of
12% simple interest. One-fourth of the first amount is equal to one- fifth of the remaining amount. If the total interest
after two years is Rs.2.500 then the total amount deposited is equal to. (a) 12,000 (b) 11,250 (c) 11,000 (d) 11,500
5) A person invested a sum of Rs. 10,500 at x% per annum at simple interest and a sum of Rs. 13,500 at (x+2)% p.a. at
simple interest. If the total interest earned on both the investments for 3 years is Rs. 7650, then the rate of interest on
the first investment is: a) 8% (b) 8.5% (c) 9% (d) 9.5%

STUDY MATERIAL FOR ALL GOVERNMENT JOB EXAMINATION (SSC, PSC,WBP & RAILWAY) Page 4
 MATH CHAPTER: SIMPLE INTEREST|SANKALPA COMPETITIVE STUDY|PHONE-9477052517

6) If a man receives 1/4th part of his capital at rate of 3% simple interest, again 2/3rd part at 5% rate of simple interest
and remaining part at rate of 11%. What is the rate of interest of total sum received ? (a) 4.5% (b) 5% (c) 5.5% (d)
5.2%
7) A person lends 40% of his sum of money at 15% per annum, 50% of rest at 10% per annum and the rest at 18% per
annum rate of interest. What would be the annual rate of interest, if the interest is calculated on the whole sum? (a)
13.4% (b) 14.33% (c) 14.4% (d) 13.33%
8) 1/2 of a certain sum is lent at 20 percent rate of interest. 2/5 of the remaining sum is lent at 25 per- cent rate of interest.
The remaining sum is lent at 10 percent rate of interest. If the simple interest received on the total sum for 2 years is Rs.
360, then what is the sum? (a) Rs.1200 (b) Rs.800 (c) Rs.1000 (d) Rs.1400
9) Manvi borrowed some money at the rate of 6% p.a. for the first three years, 9% p.a. for the next five years and 13% p.a.
for the period beyond eight years. If the total interest paid by him at the end of eleven years is Rs. 8,160, the money
borrowed by him (in Rs.) was: (a) 12,000 (b) 6,000 (c) 8,000 (d) 10,000
10) Rohan borrowed a certain sum of money at simple interest. Rate of interest was 3% per annum for first 3 years, 4% per
annum for next 5 years and 6% per annum for next 7 years. If he paid Rs. 2059 as interest, then what is the sum
borrowed (in Rs.)? (a) 2400 (b) 2500 (c) 2900 (d) 3100

TYPE – 10 ( when SI1=SI2)

1) Rs. 26,000 is invested in two parts in such a way that the SI from 1st part at 10% per annum for 5 years is equal the
simple interest on 2nd part at 9% per annum for 6 years. Find second part of the sum? (a) 11500 (b) 13500
(c) 10500 (d) 12500
2) A sum of Rs. 13000 is lent out in 3 parts in such a way that 1st Part at 5% for 6 years, 2nd at 4% for 5 years and 3rd part
at 10% for 4 years. If the SI Received from each part is equal then find 2nd part that lent. (a) 5000 (b) 6000 (c) 4000 (d)
7000
3) Rs. 12,600 is invested in 3 parts in such a way that SI on 1st part at 2% per annum for 3 years is equal to SI on 2nd part
at 3% per annum for 4 years is equal to Sl on 3rd part at 4% per annum for 5 years are equal. Find the Sl on each part.
(a) Rs 420 (b) Rs.340 (c) Rs.515 (d) Rs.630
4) A person invest money in 3 difference scheme for 6 years, 10 years, 12 years at 10%, 12% and 15% Sl respectively. At
the completion of each scheme he gets the same simple interest, find the ratio of his investment. (a) 6:3:2 (b) 7:4:5
(c) 5:7:3 (d) 2:4:3
5) In 't' time will Rs. 8,000 at 3% per annum, produce the same interest at Rs. 6,000 does in 5 years at 4% simple interest,
then what is the value of 't? (a) 3 years (b) 4 years (c) 5 years (d) 6 years
6) Brajesh had Rs.8,600 which he invested in two parts. Simple interest received on the first part at 15% p.a. in 4 years is
equal to the simple interest received on the second part at 20% p.a. in 3 years. Find the difference in the two parts.
(a) Rs.0 (b) Rs.210 (c) Rs.190 (d) Rs.290
7) Rs. 4800 is lend in two parts in such a manner that simple interest on one part at rate of 14.28% per annum for 2.5
years is equal to simple interest at rate of 7.14% per annum for 3 years. Find the sum lent at 7.14%? (a) Rs.1500 (b)
Rs.3000 (c) Rs.1750 (d) Rs. 1250
8) The simple interest on Rs. 4,000 in 3.5 years at the rate of x% per annum equals the simple inter- est on Rs. 5,000 at the
rate of 6.66% per annum in 2.5 years. The value of x is: (a) 1.10% (b) 1.16% (c) 125/21 % (d) 1.98%
9) A person divided a sum of Rs. 11,000 into three parts and invested at 16( 2/3)% , 8 (1/3)% and 6 (2/3)% per annum
simple interest. At the end of two years, he got the same interest on each part of money. What is the money invested at 6
(2/3)% ? (a) Rs.3200 (b) Rs.4000 (c) Rs.4800 (d) Rs.5000

TYPE-11 (A1=A2)

1) A sum of Rs. 24000 is divided in three parts in such a way that 1st part at 10% for 5 Years on SI. IInd part at 4% for 5
years on SI, and IIIrd part at 5% for 20 years on SI. If the Amount Received from all three parts are equal. Find the 3rd
part of the sum. (a) 7000 (b) 6000 (c) 12000 (d) 9000
2) Rs. 18,750 is invested by a man in the bank ac- count of his two sons whose ages are 12 years and 14 years in such a way
that they will get equal amount at an age of 18 years at 5% per annum on SI. Find the share of younger child. (a) Rs.8500
(b) Rs.9000 (c) Rs.9500 (d) Rs.7500
3) A Father decided to divide Rs. 120000 between his two sons. In such a way that they both receive same amount after the
age of 18 years. Current age of his sons is 12 and 14 years. If the rate of simple interest is 5% find the share of elder sons.
(a) 65000 (b) 62100 (c) 62300 (d) 68200

STUDY MATERIAL FOR ALL GOVERNMENT JOB EXAMINATION (SSC, PSC,WBP & RAILWAY) Page 5
 MATH CHAPTER: SIMPLE INTEREST|SANKALPA COMPETITIVE STUDY|PHONE-9477052517

4) A man lent out two equal sums in two parts at the rate of 8% and 7% per annum on SI. If the former is recovered 6
months earlier than the later, & he received equal amount of Rs. 2360 each from both the parts. Find the principal. (a)
Rs.3500 (b) Rs.2000 (c) Rs.4000 (d) Rs.5000
5) A sum of Rs. 7930 is divided into 3 parts and given on loan at 5% simple interest to A, B and C for 2, 3 and 4 years
respectively. If the amounts of all three are equal after their respective periods of loan, then the A received a loan of: (a)
Rs.2800 (b) Rs.3,250 (c) Rs.2,760 (d) Rs.2,750

TYPE – 12 (when SI1=n SI2)

1) A sum of Rs. 5,000 divided into two parts such that the simple interest on the first part for 4 (1/5) years at 6(2/3)% p.a.
is double the simple interest on the second part for 2 (3/4) years at 4% p.a. The ratio of the second part to the first part
is: (a) 11:13 (b) 13:11 (c) 14:11 (d) 11:14
2) A sum of Rs. 50,250 is divided into two parts such that he simple interest on the first part for 7 (1/2) at 8 (1/3)% p.a. is
5/2 times the simple interest on the second part for 5 (1/4) years at 8% p.a. What is the difference (in Rs.) between the
two parts? (a) 12,750 (b) 12,570 (c) 15,270 (d) 10,275
3) A certain amount is lent at x% p.a. simple interest for 3 years. Instead, if the amount was lent at 3x% p.a. simple interest
for 'y' more years, then the simple interest would have been seven times the carlier interest. What is the value of y?
(a) 4 (b) 5 (c) 3 (d) 6

---***---

Space for notes or extra questions:

STUDY MATERIAL FOR ALL GOVERNMENT JOB EXAMINATION (SSC, PSC,WBP & RAILWAY) Page 6