Practice Simple and compound interest Questions and Answers

• If the compound interest on a certain sum of money for two years at 9% p.a. is ₹3,762, then the sum is:
• The simple interest on a certain sum of money at the rate of 7.5% p.a. for 8 years is ₹4,080. At what rate of interest can the same amount of interest be...
• A sum was put at simple interest at a certain rate for 2 years. If it had been put at 4% higher rate, it would have fetched ₹480 more. Find the sum
• Rs. 5000 is invested in scheme ‘A’ for 2 years and Rs. 8000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% p.a...
• Rs. 6500 is invested in scheme ‘A’ for 2 years and Rs. 6500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 14% p.a...
• Rs. 5500 is invested in scheme ‘A’ for 3 years and Rs. 4000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% p.a...
• Rs. 7000 is invested in scheme ‘A’ for 2 years and Rs. 5000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 15% p.a...
• Rs. 8500 is invested in scheme ‘A’ for 2 years and Rs. 6500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 13% p.a...
• Rs. 8000 is invested in scheme ‘A’ for 3 years and Rs. 4000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 6% p.a....
• Rs. 9000 is invested in scheme ‘A’ for 2 years and Rs. 7500 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 10% p.a...
• Rs. 9500 is invested in scheme ‘A’ for 3 years and Rs. 8000 is invested in scheme ‘B’ for 2 years. Scheme ‘A’ offers simple interest of 16% p.a...
• Viraj invested Rs. 3500 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, c...
• Vishal invested Rs. 3750 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, ...
• Virendra invested Rs. 2600 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest...
• Veeru invested Rs. 2800 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, c...
• Veeru invested Rs. 3100 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, c...
• Veeru invested Rs. 3450 at 20% p.a. simple interest for 3 years. After 3 years, he invested the amount received by him at the 20% p.a. compound interest, c...
• The interest earned when a sum is invested at simple interest of 20% p.a., for 3 years, is Rs. 1500. What will be the total amount received after 2 years o...
• The interest earned when a sum is invested at simple interest of 25% p.a., for 3 years, is Rs. 9000. What will be the total amount received after 2 years o...
• The interest earned when a sum is invested at simple interest of 10% p.a., for 3 years, is Rs. 6000. What will be the total amount received after 2 years o...
• The interest earned when a sum is invested at simple interest of 5% p.a., for 3 years, is Rs. 5280. What will be the total amount received after 2 years on...
• The interest earned when a sum is invested at simple interest of 12% p.a., for 3 years, is Rs. 4500. What will be the total amount received after 2 years o...
• The interest earned when a sum is invested at simple interest of 16% p.a., for 3 years, is Rs. 2400. What will be the total amount received after 2 years o...
• The interest earned when a sum is invested at simple interest of 20% p.a., for 3 years, is Rs. 3000. What will be the total amount received after 2 years o...
• The interest earned on investing Rs. 3000 for 2 years at the rate of 8% p.a., compounded annually, is used to purchase an article. If the article is later ...
• The interest earned on investing Rs. 4000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is later...
• The interest earned on investing Rs. 5000 for 2 years at the rate of 20% p.a., compounded annually, is used to purchase an article. If the article is later...
• The interest earned on investing Rs. 1000 for 2 years at the rate of 20% p.a., compounded annually, is used to purchase an article. If the article is later...
• The interest earned on investing Rs. 7000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is later...
• The interest earned on investing Rs. 9000 for 2 years at the rate of 10% p.a., compounded annually, is used to purchase an article. If the article is later...
• A sum of Rs. 3000 is invested at simple interest for 2 years. If the rate interest for first year is 10% p.a. while 18% p.a. for second year, then find the...
• A sum of Rs. 3500 is invested at simple interest for 2 years. If the rate interest for first year is 10% p.a. while 18% p.a. for second year, then find the...
• A sum of Rs. 2800 is invested at simple interest for 2 years. If the rate interest for first year is 10% p.a. while 18% p.a. for second year, then find the...
• A sum of Rs. 3200 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find the...
• A sum of Rs. 3600 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find the...
• A sum of Rs. 3700 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find the...
• A sum of Rs. 3800 is invested at simple interest for 2 years. If the rate interest for first year is 12% p.a. while 20% p.a. for second year, then find the...
• A sum of Rs. 6120 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find the...
• A sum of Rs. 2100 is invested at simple interest for 2 years. If the rate interest for first year is 15% p.a. while 25% p.a. for second year, then find the...
• Akshay invested Rs. 960 in two schemes P and Q in the respective ratio of 5:3. Scheme P and Q are offering simple interest at the rate of 7% per annum and ...