Practice Simple and compound interest Questions and Answers

• Difference between simple interest and compound interest at the rate of 10% p.a. for 2 years is Rs 480, find the sum.
• Rs. 7,000 is invested in scheme ‘A’ offering simple interest of 12% p.a. and Rs. 8,000 in scheme ‘B’ offering simple interest of 6% p.a. What is th...
• Rs. 8,000 is invested in scheme ‘A’ offering simple interest of 18% p.a. and Rs. 6,000 in scheme ‘B’ offering simple interest of 7% p.a. What is th...
• Rs. 9,000 is invested in scheme ‘A’ offering simple interest of 20% p.a. and Rs. 6,500 in scheme ‘B’ offering simple interest of 8% p.a. What is th...
• Rs. 5,000 is invested in scheme ‘A’ offering simple interest of 16% p.a. and Rs. 6,600 in scheme ‘B’ offering simple interest of 9% p.a. What is th...
• Rs. 5,500 is invested in scheme ‘A’ offering simple interest of 15% p.a. and Rs. 8,000 in scheme ‘B’ offering simple interest of 5% p.a. What is th...
• Rs. 6,500 is invested in scheme ‘A’ offering simple interest of 14% p.a. and Rs. 9220 in scheme ‘B’ offering simple interest of 5% p.a. What is the...
• Rs. 6,600 is invested in scheme ‘A’ offering simple interest of 13% p.a. and Rs. 2500 in scheme ‘B’ offering simple interest of 4% p.a. What is the...
• If the ratio of the sum invested and simple interest received after 1 year is 20:9 respectively, then find the rate of interest.
• If the ratio of the sum invested and simple interest received after 1 year is 25:7 respectively, then find the rate of interest.
• If the ratio of the sum invested and simple interest received after 1 year is 20:7 respectively, then find the rate of interest.
• If the ratio of the sum invested and simple interest received after 1 year is 25:11 respectively, then find the rate of interest.
• If the ratio of the sum invested and simple interest received after 1 year is 20:13 respectively, then find the rate of interest.
• If the ratio of the sum invested and simple interest received after 1 year is 25:6 respectively, then find the rate of interest.
• If the ratio of the sum invested and simple interest received after 1 year is 25:16 respectively, then find the rate of interest.
• A sum of money invested for 2 years at 20% compounded annually and similar money invested for 3 years on simple interest at 10% per annum. If the differenc...
• A man invested certain sum at 5% p.a. simple interest for his son who was 15 years old. If the amount received by the son when he was 30 years old is Rs. 7...
• A man invested certain sum at 10% p.a. simple interest for his son who was 17 years old. If the amount received by the son when he was 30 years old is Rs. ...
• A man invested certain sum at 5% p.a. simple interest for his son who was 10 years old. If the amount received by the son when he was 30 years old is Rs. 4...
• A man invested certain sum at 8.5% p.a. simple interest for his son who was 20 years old. If the amount received by the son when he was 26 years old is Rs....
• A man invested certain sum at 9.5% p.a. simple interest for his son who was 14 years old. If the amount received by the son when he was 27 years old is Rs....
• A certain sum of money invested at a rate of 24% p.a. amounts to Rs. 19965 at the end of 15 months if the rate of interest is compounded 5 monthly. Find th...
• A certain sum of money invested at a rate of 36% p.a. amounts to Rs. 24334 at the end of 15 months if the rate of interest is compounded 5 monthly. Find th...
• A certain sum of money invested at a rate of 36% p.a. amounts to Rs. 30417.5 at the end of 15 months if the rate of interest is compounded 5 monthly. Find ...
• A certain sum of money invested at a rate of 36% p.a. amounts to Rs. 30417.5 at the end of 15 months if the rate of interest is compounded 5 monthly. Find ...
• A certain sum of money becomes Rs. 1800 in 1 year and 2500 in 3 years at certain rate of simple interest. Find the sum of money invested.
• A certain sum of money becomes Rs. 1300 in 1 year and 2700 in 3 years at certain rate of simple interest. Find the sum of money invested.
• A certain sum of money becomes Rs. 1500 in 1 year and 2800 in 3 years at certain rate of simple interest. Find the sum of money invested.
• A certain sum of money becomes Rs. 1922 in 1 year and 2900 in 3 years at certain rate of simple interest. Find the sum of money invested.
• A certain sum of money becomes Rs. 1960 in 1 year and 3000 in 3 years at certain rate of simple interest. Find the sum of money invested.
• A certain sum of money becomes Rs. 1250 in 1 year and 3556 in 3 years at certain rate of simple interest. Find the sum of money invested.
• A certain sum of money becomes Rs. 1250 in 1 year and 2500 in 3 years at certain rate of simple interest. Find the sum of money invested.
• Simple interest received at the rate of 12% p.a. for 6 years on a principal amount of Rs. 8000 is twice of the simple interest received at 10% p.a. for 6 y...
• Simple interest received at the rate of 15% p.a. for 2 years on a principal amount of Rs. 9000 is twice of the simple interest received at 10% p.a. for 6 y...
• Simple interest received at the rate of 20% p.a. for 8 years on a principal amount of Rs. 6000 is twice of the simple interest received at 10% p.a. for 6 y...
• Simple interest received at the rate of 16% p.a. for 7 years on a principal amount of Rs. 4500 is twice of the simple interest received at 10% p.a. for 6 y...
• Simple interest received at the rate of 9% p.a. for 5 years on a principal amount of Rs. 4000 is twice of the simple interest received at 10% p.a. for 6 ye...
• Simple interest received at the rate of 15% p.a. for 4 years on a principal amount of Rs. 8000 is twice of the simple interest received at 10% p.a. for 6 y...
• Simple interest received at the rate of 20% p.a. for 6 years on a principal amount of Rs. 9000 is twice of the simple interest received at 10% p.a. for 6 y...
• Simple interest received at the rate of 10% p.a. for 8 years on a principal amount of Rs. 4500 is twice of the simple interest received at 10% p.a. for 6 y...