
A certain amount of simple interest of after years. Had the interest increased more, what is SI now?(Assume )

Important Questions on Simple and Compound Interest




What is the ratio of simple interest earned on certain amount at the rate of p.a. for years and that for years ?
1.
2.
3.
4.

What will be the simple interest on a sum of Rs. 10000 after 3 years at the rate of 7.3% per annum?
(A) Rs. 2,190
(B) Rs. 2,19,000
(C) Rs. 2,200
(D) Rs. 2,180

A sum of becomes in years at a certain rate of compound interest. What will be the sum (in ) after years?


On a certain principal, simple interest amounts to Rs. 1000 in 1 year at the rate of 10% p.a. What will be the effective rate of interest if the same is compounded on a half-yearly basis?
1. 10.10
2. 10.15
3. 10.20
4. 10.25






Kamal’s salary in 2011 was Rs. 30000 per annum. If his salary increases by 5% per annum, what was his salary in the year 2013?
(A) Rs. 34,728.75
(B) Rs. 35,000
(C) Rs. 31,500
(D) Rs. 33,075






