EASY
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IMPORTANT
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Find out the capital required to earn a monthly interest of Rs. 600 per month as 6% simple interest.

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Important Questions on Simple Interest

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Insurance
IMPORTANT

A man drives his income from an investment of Rs.2000 at a certain rate of interest and Rs.1600 at 2% higher. The whole interest in 3 years is Rs.960. Find the rate of interest.

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Insurance
IMPORTANT

A sum of Rs. 1550 was lent partly at 5% and partly at 8% simple interest. The total interest received after 3 yrs. was Rs. 300. The ratio of money lent at 5% to 8% is :

MEDIUM
Insurance
IMPORTANT

Rs. 793 is divided into three parts as such that their amount after 2, 3 and 4 yrs. may be equal, the rate of interest being 5%. Find the ratio between these parts.

MEDIUM
Insurance
IMPORTANT

A trader marks two prices on his goods one for the cash payment and the other at the credit of 1 month. What will be the ratio between the two prices if the rate of simple interest is 4% per annum ?

MEDIUM
Insurance
IMPORTANT

A man buys a house and pays Rs. 8,000 cash and Rs. 9600 at 5 years credit at 4% per annum simple interest. Find the cash price of the house.

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Insurance
IMPORTANT

Find the simple interest on Rs. 600 from 3rd March to 15 May of a year at 6% p.a.?

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Insurance
IMPORTANT

A sum Rs. 2,600 is lent in two parts so that the interest on the first part for a period of 3 years at 5% may be equal to the interest on the second part for 6  years at 4%. The second part is equal to :