Abhijit Guha Solutions for Chapter: Simple Interest, Exercise 1: Practice Problems Level 1

The simple interest on $₹ 800$ at $6$ per cent per month for $9$ months is

If $₹ 450$ amount to $₹ 540$ in $4$ years, what will it amount to in $6$ years at the same rate per cent?

A sum fetched total simple interest of $₹ 4,016.25$ at the rate of $9$ per cent p.a. in $5$ years. What is the sum?

At $5$ per cent SI, a sum of $₹ 500$ fetches $₹ 36$ more than the amount of interest accrued on $₹ 380$ for same period. Find time.

Namrata deposited $₹ 8,000$ which amounted to $₹ 9,200$ after $3$ years at simple interest. Had the interest been $2$ per cent more, how much would she get?

The rate of interest on a sum of money is $3$ per cent p.a. for the first four years, $5$ per cent p.a. for the next four years and $6$ per cent p.a. for the period beyond $8$ years. If the simple interest accrued on the sum for a total period of $9$ years is $₹ 817$, the sum is

What quarterly payment will discharge a debt of $₹ 2,280$ due in two years at $16$ per cent p.a. simple interest?

In what time will $₹ 8,000$, at $3$ per cent p.a., produce the same interest as $₹ 6,000$ does in $5$ years at $4$ per cent simple interest?