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Simple Interest Problems
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Simple Interest Problems
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25 Questions

1. Agniwesh invested certain sum of money at 7% per annum for 4 years. However he would get Rs 1040 more Simple Interest , if he had invested the same sum of money at 6% for 9 years. What is the sum ?
2. A sum at Simple Interest s at 13½ % per annum amounts to Rs.2502.50 after 4 years What is the sum?
3. A sum of money at Simple Interest amounts to RS. 815 in 3 years and to 854 in 4 years. The sum is?
4. What is the Simple Interest on Rs 8000 from 7th August 2016 to 31st December 2016 at 5% per annum rate of interest?
5. A certain total of cash gets to be three times of itself in20 years at basic interest. In how long does it turns out to be twofold of itself at the same rate?
6. Bikash lent Rs 3600 to Karan for 3 years and Rs 6600 to Manish for 2 years and overall he received Rs 1200 as Simple Interest . What is the rate of interest per annum ?
7. Rs. 800 becomes Rs. 956 in 3 years at a certain rate of Simple Interest . If the rate of interest is increased by 4%, What amount will Rs. 800 become in 3 years?
8. Rs. 800 amounts to Rs. 920 in 3 years. If interest rate is increased by 8%, the what will be amount?
9. A sum invested at 5% Simple Interest per annum amounts to Rs. 504 in 4 years. The same amount at 10% Simple Interest per annum in 21⁄2 years will amount to?
10. In how many years will a sum of money becomes 4 times at 5% per annum Simple Interest ?
11. What annual installment will discharge a debt of Rs. 1092 due in 3 years at 12% Simple Interest ?
12. Manu borrows Rs. 5000 for 2 years at 4% per annum Simple Interest . he immediately lends it to another person at 6 1/4% per annum for 2 years find his gain in the transaction per year?
13. A sum was put at Simple Interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs. 360 more. What is the sum?
14. The Simple Interest on a certain sum of money for 2 1/2 years at 12% per annum is Rs. 40 less than the 2. Simple Interest on the same sum for 3 1/2 years at 10% per annum . What is the sum?
15. Find the amount which yields Simple Interest of Rs. 4016.25 at the rate of 9 p.c.per annum in 5 years.
16. A sum was put at a Simple Interest at a certain rate of 4 years. Had it been put a 4% higher rate, it would have fetched Rs 720 more. What is the principal?
17. A sum of Rs. 1550 is lent out into two parts, one at 8% and another one at 6%. If the total annual income is Rs. 106, What is the money lent at 6%.
18. A man borrowed Rs 10000 from a lender at 9% per annum rate of interest .What is the amount to be paid by the man after 2 years 6 months?
19. The Simple Interest on a sum of money is 1/25th of the principal. If the rate of interest is 16%. What is the number of months?
20. The Simple Interest on a sum of money is 4/9 of the principal .What is the rate percent and time, if both are numerically equal.
21. What is the present worth of Rs. 132 due in 2 years at 5% Simple Interest per annum ?
22. A man took a loan from a bank at the rate of 12% per annum Simple Interest . After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was?
23. A certain sum of money amounts to Rs. 1008 in 2 years and to Rs. 1164 in 1 % years. What is the sum 2 and the rate of interest?
24. What will be the interest on Rs 2400 for 8 years 4 months at 6% per annum rate of interest ?
25. In how many years a sum of Rs. 450 gives Rs. 81 as interest at 4.5% of Simple Interest ?