Practice Simple and compound interest Questions and Answers

• Rs. 2000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the inter...
• Rs. 10000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the inte...
• Rs. 12000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the inte...
• Rs. 28000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 40 less than the inte...
• Rs. 13000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 10 less than the inte...
• Rs. 14000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 20 less than the inte...
• Rs. 16000 invested for 2 years in a scheme offering compound interest (compounded annually) of 15% p.a. gives an interest that is Rs. 25 less than the inte...
• A certain sum when invested for 3 years in a scheme offering simple interest of 15% p.a. gives an interest of Rs. 693. What is 125% of the sum invested?
• A certain sum when invested for 3 years in a scheme offering simple interest of 10% p.a. gives an interest of Rs. 756. What is 130% of the sum invested?
• A certain sum when invested for 3 years in a scheme offering simple interest of 12% p.a. gives an interest of Rs. 918. What is 122% of the sum invested?
• A certain sum when invested for 3 years in a scheme offering simple interest of 10% p.a. gives an interest of Rs. 765. What is 110% of the sum invested?
• A certain sum when invested for 3 years in a scheme offering simple interest of 12% p.a. gives an interest of Rs. 990. What is 120% of the sum invested?
• A certain sum when invested for 3 years in a scheme offering simple interest of 16% p.a. gives an interest of Rs. 1128. What is 160% of the sum invested?
• ₹2,500, when invested for 8 years at a given rate of simple interest per year, amounted to ₹3,725 on maturity. What was the rate of simple interest tha...
• Rs. 6,500 is invested in scheme ‘A’ for a year at simple interest of 20% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in sc...
• Rs. 4500 is invested in scheme ‘A’ for a year at simple interest of 40% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in sch...
• Rs. 9500 is invested in scheme ‘A’ for a year at simple interest of 50% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in sch...
• Rs. 2500 is invested in scheme ‘A’ for a year at simple interest of 25% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in sch...
• Rs. 7550 is invested in scheme ‘A’ for a year at simple interest of 30% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in sch...
• Rs. 8800 is invested in scheme ‘A’ for a year at simple interest of 20% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in sch...
• Rs. 10000 is invested in scheme ‘A’ for a year at simple interest of 29% p.a. The interest received from scheme ‘A’ is reinvested for 2 years in sc...
• A sum of Rs.6,000 is to be paid back in two equal annual instalments; each instalment is to be paid at the end of every year. How much is each instalment i...
• Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 6000 in 24 months. If the same sum had been invested for 1 year at compound interest of...
• Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 7000 in 24 months. If the same sum had been invested for 1 year at compound interest of...
• Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 7200 in 24 months. If the same sum had been invested for 1 year at compound interest of...
• Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 6000 in 24 months. If the same sum had been invested for 1 year at compound interest of...
• Rs. 5000 when invested at simple interest of r% p.a. amounts to Rs. 6000 in 24 months. If the same sum had been invested for 1 year at compound interest of...
• Rs. 10000 when invested at simple interest of r% p.a. amounts to Rs. 12000 in 24 months. If the same sum had been invested for 1 year at compound interest ...
• A invested Rs. ‘x’ in a scheme offering compound interest of 25% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x ...
• A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x ...
• A invested Rs. ‘x’ in a scheme offering compound interest of 30% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x ...
• A invested Rs. ‘x’ in a scheme offering compound interest of 35% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x ...
• A invested Rs. ‘x’ in a scheme offering compound interest of 40% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x ...
• A invested Rs. ‘x’ in a scheme offering compound interest of 20% p.a. compounded annually. If at the end of 2 years, interest received by A was Rs. (x ...
• Suman paid ₹9,600 in interest on a loan she obtained 5 years ago with a simple interest rate of 16%. What was the amount of the loan she had taken?
• In how much time will a sum of Rs. 5250 amounts to Rs. 9870 at the rate of 11 percent per annum at simple interest?
• The simple interest received on a sum is 25/36 of the sum. The number of years is equal to the annual rate of interest. What is the annual rate of interest...
• Sunil invested Rs. ‘4x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 y...
• Sunil invested Rs. ‘5x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 y...
• Mr. P invested Rs. ‘4x’ in scheme ‘A’ offering simple interest of 25% p.a. and reinvested the interest earned from scheme ‘A’ at the end of 4 y...