Practice Simple and compound interest Questions and Answers

• A sum of Rs. 3900 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 ...
• Akshay invested Rs. 1200 in two schemes P and Q in the respective ratio of 7:3. Scheme P and Q are offering simple interest at the rate of 10% per annum an...
• Akshay invested Rs. 1560 in two schemes P and Q in the respective ratio of 9:4. Scheme P and Q are offering simple interest at the rate of 10% per annum an...
• Akshay invested Rs. 1950 in two schemes P and Q in the respective ratio of 8:5. Scheme P and Q are offering simple interest at the rate of 8% per annum and...
• Akshay invested Rs. 1050 in two schemes P and Q in the respective ratio of 5:2. Scheme P and Q are offering simple interest at the rate of 8% per annum and...
• Akshay invested Rs. 2100 in two schemes P and Q in the respective ratio of 9:5. Scheme P and Q are offering simple interest at the rate of 8% per annum and...
• Akshay invested Rs. 2240 in two schemes P and Q in the respective ratio of 9:7. Scheme P and Q are offering simple interest at the rate of 10% per annum an...
• Suresh earned an interest of Rs. 516 on principal amount of Rs. 1600 at some rate of compound interest in 2 years. How much more/less interest would he hav...
• Suresh earned an interest of Rs. 1419 on principal amount of Rs. 4400 at some rate of compound interest in 2 years. How much more/less interest would he ha...
• Suresh earned an interest of Rs. 1548 on principal amount of Rs. 4800 at some rate of compound interest in 2 years. How much more/less interest would he ha...
• Suresh earned an interest of Rs. 1677 on principal amount of Rs. 5200 at some rate of compound interest in 2 years. How much more/less interest would he ha...
• Suresh earned an interest of Rs. 1032 on principal amount of Rs. 3200 at some rate of compound interest in 2 years. How much more/less interest would he ha...
• Suresh earned an interest of Rs. 1161 on principal amount of Rs. 3600 at some rate of compound interest in 2 years. How much more/less interest would he ha...
• Suresh earned an interest of Rs. 774 on principal amount of Rs. 2400 at some rate of compound interest in 2 years. How much more/less interest would he hav...
• A man deposited 25% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 year...
• A man deposited 25% of his salary to a bank which offers compound interest at the rate of 10% p.a. If the interest earned by him from the bank after 2 year...
• The interest received by investing Rs. 4000 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
• The interest received by investing Rs. 3000 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
• The interest received by investing Rs. 2000 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
• The interest received by investing Rs. 4500 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
• The interest received by investing Rs. 2800 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
• The interest received by investing Rs. 2900 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
• The interest received by investing Rs. 4500 for 2 years at compound interest of 20% p.a., compounded annually, was re-invested for 3 years at simple intere...
• A man deposited Rs. 12000 at 10% compound interest, compounded annually while Rs. 10500 at 13% simple interest per annum. What will be the difference betwe...
• A man deposited Rs. 16000 at 10% compound interest, compounded annually while Rs. 14000 at 13% simple interest per annum. What will be the difference betwe...
• A man deposited Rs. 20000 at 10% compound interest, compounded annually while Rs. 19000 at 12% simple interest per annum. What will be the difference betwe...
• A man deposited Rs. 22000 at 10% compound interest, compounded annually while Rs. 21500 at 12% simple interest per annum. What will be the difference betwe...
• A man deposited Rs. 9000 at 10% compound interest, compounded annually while Rs. 8500 at 13% simple interest per annum. What will be the difference between...
• A man deposited Rs. 7000 at 10% compound interest, compounded annually while Rs. 6500 at 13% simple interest per annum. What will be the difference between...
• The difference between compound interest and simple interest at rate of 12% per annum for 2 years is Rs. 144. Find the simple interest obtained on same amo...
• The difference between compound interest and simple interest at rate of 14% per annum for 2 years is Rs. 294. Find the simple interest obtained on same amo...
• The difference between compound interest and simple interest at rate of 10% per annum for 2 years is Rs. 120. Find the simple interest obtained on same amo...
• The difference between compound interest and simple interest at rate of 16% per annum for 2 years is Rs. 192. Find the simple interest obtained on same amo...
• The difference between compound interest and simple interest at rate of 18% per annum for 2 years is Rs. 486. Find the simple interest obtained on same amo...
• The difference between compound interest and simple interest at rate of 20% per annum for 2 years is Rs. 240. Find the simple interest obtained on same amo...
• The difference between compound interest and simple interest at rate of 22% per annum for 2 years is Rs. 484. Find the simple interest obtained on same amo...
• The difference between compound interest and simple interest at rate of 24% per annum for 2 years is Rs. 288. Find the simple interest obtained on same amo...