Simple Interest

IMPORTANT

Simple Interest: Overview

This topic covers concepts, such as Loan, Principal Amount of a Loan, Simple Interest as Arithmetic Progression & Simple Interest Analog to Simple Annual Growth Rate etc.

Important Questions on Simple Interest

EASY
IMPORTANT

Find the principal amount borrowed by him. A man took a loan from a bank at the rate of 12% per annum at simple interest. After 3 Years he had to pay 5,400 as interest only for the period.

EASY
IMPORTANT

Find the difference between the compound interest and the simple interest on Rs. 32,000 at 10% p.a. for 4 years.

EASY
IMPORTANT

सोनू ने 5% वार्षिक दर से साधारण ब्याज पर 4 वर्ष के लिए 1720 रू. उधार लिया | इस प्रकार उधार को चुकाने के लिए वार्षिक किश्त क्या होगी ?

MEDIUM
IMPORTANT

If an amount of money grows up to 4500 in 2 years and up to 5000 in 3 years on compound interest, what is the sum?

EASY
IMPORTANT

Two equal sum of money were lent in at simple interest at 12% p.a. for $$2\frac { 1 }{ 2 } $$ years and $$3\frac { 1 }{ 2 } $$ years respec-tively. If the difference in interests for two periods was Rs. 720. Then Find the each sum ?

EASY
IMPORTANT

1200 amounts to 1632 in 4 years at a certain rate of simple interest. If the rate of interest is increased by 1%, it would amount to how much?

EASY
IMPORTANT

A sum of Rs. 1000 amounts to Rs. 1200 in 5 years at simple interest. If the interest rate is increased by $$3\frac { 1 }{ 2 } $$ %, it would amount to how much ?

EASY
IMPORTANT

If a sum triples in 15 years at Simple rate of interest then, the rate of interest per annum will be:

EASY
IMPORTANT

At what rate per cent per annum will a sum of money double in $8$ years?

EASY
IMPORTANT

साधारण ब्याज पर कोई राशि 2 वर्ष में 1062 रू. तथा 7/2 वर्ष में 1183.50 रू. हो जाती है तो ब्याज की वार्षिक दर है ?

EASY
IMPORTANT

A sum of 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 :

EASY
IMPORTANT

The rate at which a sum becomes four times of itself in 15 years at the simple interest will be ____

EASY
IMPORTANT

Rajesh set up a factory by investing Rs. 50,000. During the first three successive years, his profit were 5, 10 and 15% respectively. If each year profit calculated on previous year's capital. Find his total profit ?

EASY
IMPORTANT

Find the rate of simple interest. Simple interest on a sum of money for 5 Years is, 2/5 times the amounts.

EASY
IMPORTANT

Rs. 2,500 is paid every year for 10 years to pay off a loan. What is the loan amount if interest rate be 14% per annum compounded annually?

EASY
IMPORTANT

Suppose you deposit Rs. 900 per month into an account that pays 14.8% interest compound monthly. How much money will you get after 9 months?

EASY
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An amount is lent at a nominal rate of 4.5% per annum compounded quarterly. What would be the gain in rupees over when compounded annually.

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The ratio of principal and the compound interest value for three years (compounded annually) is 216:127. The rate of interest is

EASY
IMPORTANT

A certain sum invested at 4% per annum compounded semi-annually amounts to Rs. 1,20,000 at the end of one year. Find the sum

EASY
IMPORTANT

An amount P becomes Rs. 5,100.5 and Rs. 5,203 after second and fourth years respectively, at r% of interst per annum compounded annually. Thus, values of P and r are