S.N. Chhibber Solutions for Chapter: Simple and Compound Interest, Exercise 1: Exercise

Find the simple interest on $₹9750$ at $2.5\%$ per month for $2$ years. Also find the amount.

A man lends certain amount of money at $4\%$ p. a. He also invests $₹1,56,500$ at $4\frac{1}{2}\%$ p. a. At the end of the year, the total interest is $₹1,15,750$. If the money lent at $4\%$ p.a is $₹k$, then find the value of $k$ . Enter the answer without commas.

Neha and priya borrowed $₹5400$ and $₹6000$ respectively, at the same rate of interest for $1\frac{3}{5}$ years. If Priya paid $₹240$ more than Neha, then find the rate of interest.

The simple interest on a sum of money is $\frac{1}{16}$ of the principal and the number of years is equal to the rate of interest p.a. Find the rate of interest and express it in mixed fraction.

A man borrows $₹2000$ from his friend at $5\%$ p.a. simple interest for $2$ years. What amount should he return after $2$ years.

The simple interest on a certain sum of money for $3\frac{1}{4}$ years at $4\frac{1}{2}\%$ p. a. is more than that on the same sum for $2$ years at $5\%$ by $₹1221$. If the sum is $₹k$, find the value of $k$.

At what rate percent of interest will a sum of money become six times itself in $15$ years? Express the rate of interest in mixed fraction.

Seema wants to invest $₹5400$ into two parts such that the interest on the first part for $4$ years at $5\%$ p. a. is equal to the interest on the second part for two years at $15\%$ p. a. Find the amount invested in both the parts.