Simple And Compound Interest

Welcome to your Simple And Compound Interest

(Please attempt all questions for proper score)

A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:

Reena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?

A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is:

The compound interest on Rs. 30,000 at 7% per annum is Rs. 4347. The period (in years) is:

Find the simple interest on Rs. 5000 at 6 % per annum for the period from 5th Feb to 19th April, 2015.

Find compound interest on Rs. 8500 at 4 % per annum for 2 years, compounded annually.

John took a loan of Rs. 1500 with simple interest for as many years as the rate of interest. If he paid Rs. 540 as interest at the end of loan period, what was the rate of interest?

A sum was put at simple interest at a certain rate for 2 years. Had it been put at 2 % higher rate, it would have fetched Rs. 400 more. Find the sum.

The population of a city increases 5 % annually but decreases by ¼ % due to emigration. Find the net increase in percent in 3 years.

The value of a sewing machine depreciates at the rate of 10 % after every year. If at the end of 3 years, its value is Rs. 8748, then find its purchase price.

The difference between C.I. and S.I. on a certain sum at 10 % per annum for 2 years is Rs. 530. Find the sum.

The difference between C.I. and S.I. accrued on an amount of Rs. 20,000 in 2 years was Rs. 392. Find the rate of interest per annum.

The compound interest on a certain sum at 50/3 % for 3 years is Rs. 127. Find simple interest on same sum for same period and rate

Sam borrowed some money from his friend at simple interest of 6% per annum. He returned his friend Rs. 15600. After how much time did Sam return the money if he borrowed Rs. 12000?

A sum of money triples itself in 12 years at simple interest. Find the rate of interest?

The price of a T.V. set is worth Rs. 20,000 that needs to be paid in 20 installments of Rs. 1,000 each. If the rate of interest be 6% per annum, and the 1st installment be paid at the time of purchase, then the value of the last installment covering the interest will be?

In what time will Rs. 4,000 lent at 3% per annum on simple interest earn as much interest as Rs. 5,000 will earn in 5 years at 4% per annum on simple interest?

How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

Find the Compound Interest on Rs.8000 at 5% per annum for 3 years when C.I is reckoned yearly?

A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6 % p.a for 2 years. Find his gain in the transaction per year.

The difference in simple interest and compound interest on a certain sum of money in 2 years at 10 % p.a. is Rs. 50. The sum is

The simple interest on a certain sum for 3 years in Rs. 225 and the compound interest on the same sum for 2 years is Rs. 165. Find the rate percent per annum.

Mihir’s capital is 5/4 times more than Tulsi’s capital. Tulsi invested her capital at 50 % per annum for 3 years (compounded annually). At what rate % p.a. simple interest should Mihir invest his capital so that after 3 years, they both have the same amount of capital?

Sahil’s capital is 1/6 times more than Chaya’s capital. Chaya invested her capital at 20 % per annum for 2 years (compounded annually). At what rate % p.a. simple interest should Sahil invest his capital so that after 2 years, they both have the same amount of capital?

The compound interest on a certain sum for 2 years at 10% per annum is Rs. 525. The simple interest on the same sum for double the time at half the rate percent per annum is:

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