Simple Interest

Author:O P Malhotra, S K Gupta & Anubhuti Gangal
7th ICSE
IMPORTANT

Important Questions on Simple Interest

MEDIUM
IMPORTANT

The simple interest on a sum of money is 14th of the principal and the number of years is equal to rate percent per annum. Find the rate percent.

MEDIUM
IMPORTANT

Evaluate:

You deposit 1200 into your account on 8% simple annual interest. The balance in your account after 3 years is?

MEDIUM
IMPORTANT

If the annual rate of simple interest increases from 10% to 1212%, a man's yearly income increases by 1250. His principal (in ) is

EASY
IMPORTANT

The sum of the principal and the interest on it for any period is called the _____.

HARD
IMPORTANT

A sum lent out at simple interest becomes 4480 in 3 years and 4800 in 5 years. Find the sum and the rate of interest.

HARD
IMPORTANT

Find the simple interest and amount when

Principal=400, Rate=10 paise per rupee per annum, Time = 6 months

HARD
IMPORTANT

Find the simple interest and amount when

Principal = 850, Rate = 1.5% per month, Time = 1.3 years 

HARD
IMPORTANT

Find the simple interest and amount when

Principal = 750, Rate = 9% p.a., Time = 5 years 

HARD
IMPORTANT

Find the simple interest and amount when

Principal = 600, Rate = 8% p.a., Time = 2 years 

HARD
IMPORTANT

Find the simple interest and amount when

Principal=300, Rate=12% p.a., Time=8 months.

HARD
IMPORTANT

At same rate of simple interest, A lent 6000 to B for 2 years and 1500 to C for 4 years and received 900 as interest from both of them together. The rate of interest per annum was

HARD
IMPORTANT

Divide 2500 into two parts such that the simple interest on one at 4% for 5 years is double that of the other at 5% for 3 years.

HARD
IMPORTANT

Amar and Chaman borrowed 2250 and 2500 respectively at the same rate of simple interest for 312 years. If Chaman paid 140 more interest than Amar, find the rate of interest per annum.

HARD
IMPORTANT

Two equal sums were lent out at 7% and 5% interest respectively. The interests earned on the two loans add up to 960 for 4 years. What is the total sum lent out?

HARD
IMPORTANT

Sameer lent equal sums of money at 512 percent and 4 percent per annum respectively for a period of 3 years. If he earned 72 more for the money lent out at 512%, if the sum of money is k, then, find the value of k lent at 4%.

HARD
IMPORTANT

If 450 amounts to 540 at 4 years at simple interest, find the sum that will amount to 637.50 in 5 years at the same rate of interest.

HARD
IMPORTANT

A sum amounts to 1326 in 6 years at 5% p.a. simple interest. In what time will this sum double itself at the same rate of interest?

HARD
IMPORTANT

7000 left in a bank for 10 years at simple interest amounts to 9800. Then, the total amount after another 5 years at the same rate is

HARD
IMPORTANT

How long will it take 100 to triple itself at 5% simple interest?

HARD
IMPORTANT

At what rate will100 double itself in 7 years at simple interest?