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Practice Simple and compound interest Questions and Answers

Mark invested Rs 15,000 in a scheme at simple interest 20% per annum. After three years he withdrew the principal amount plus invested the entire amount in...
A farmer wants to divide Rs 1,22,000 between his sons , who are 18 and 20 years old respectively, in such a way that the sum divided at the rate of 20% per...
What will be the simple interest on Rs. 6,20,000 from March 30, 2011 to November 04, 2011 at 12 % p.a?
If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a.
Naina lent Rs. 10,000 to Mohini for 4 years and Rs. 15,000 to Mitali for 6 years on simple interest at the same rate of interest and received Rs. 2,600 in ...
If Rs. 12000 is invested at a simple interest at the rate of 5% p.a., Rs. 4800 is obtained as interest in certain years. In order to earn Rs. 6400 as inter...
If the difference between C.I. and S.I. is Rs. 512 at 20% rate of interest in 3 years, then find the principal on C.I.?
Rs. 25200 is invested in 3 parts in such a way that Simple Interest on 1st Part at 4% per annum for 3 years, Simple Interest on 2nd part at 6% per annum fo...
A man wants to invest Rs. 60660 in bank accounts of his two sons whose ages are 12 years and 16 years in such a way that they will get equal amount at an a...
The difference between compound interest and simple interest on a sum for 2 years at 10% per annum, when the interest is compounded annually is Rs. 25. If ...
The simple interest accrued in five years on a principal of Rs. 50,000 is one – tenth of the principal. What is the rate of simple interest p.a.? ...
Shankar borrowed Rs. 7,200 at simple interest and repaid an amount of Rs. 9,504 after 7 years. If the interest rate p.a charged for first 4 years was 5% p....
A sum of money lent at compound interest at the rate of 10% per annum is paid back in three equal instalments of Rs 3,993. Find the sum?
A person invest some amount in a business into 2 parts. If he invest 1st part at 8% for 3 years and 2nd part invest at 7(1/2)% p.a. for 4 years. Total Simp...
A Man deposited certain amount in the Bank at the end of each year. How much amount did he deposited at the end of each year at the rate of 15% simple Inte...
Find the compound Interest on Rs. 8,000 @15 % p.a for 2 years 4 month Compounded annually?
A man wants to invest Rs 20,220 in bank account of his two sons whose age were 12 years and 16 years in such a way that they will get equal amount at age o...
Neil buys a Camera priced at 32000. He pays 8000 at once and the rest after 15 months on which he is charges a simple Interest at the rate of 18% per annum...
John borrowed some money from Alex at 10% simple interest per annum. He lended this money to Shaun at 20% compound interest per annum, and made a profit of...
A certain sum of money yields Rs. 3,310 as compound interest for 3 years at 10% per annum. The sum is (in rupees).
What sum will give Rs. 279 as the difference between simple interest and compound interest at 20% in 1year 6 months compounded half yearly?
On what sum will the difference between the simple interest and the compound interest for 3 years at 4 percent per annum amount to Rs. 15.20?
Mr. Ghanshyam deposited certain amount in the Bank at the end of each year. How much amount did he deposit at the end of each year at the rate of 15% simpl...
Vedant borrows Rs.75,000 for 2 yrs at 3% p.a simple interest. He immediately lends it to Abhishek at 5.5% p.a. for 2 yrs at simple interest. How much Vedan...
Simple interest on a sum of money for 2 years is 1/5th of the sum, then the interest received in 5 years on same principal will be what time of the princip...
What is the principal amount? Statement I: The Simple Interest after 2 years on a certain sum at 10% p.a is Rs. 1200. Statement II : The su...
The difference between C.I and S.I on a certain sum for 3 years is Rs. 122 at 5% p.a. Then find the sum? &n...
Find the difference between True discount and Simple Interest on Rs. 7200 due after 5 years @ 4% per annum.
A person invested Rs. P on simple interest at the rate of 15% for 5 years, and he invested Rs.(P + 100) at 10% compound interest for 2 years. The total int...
If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a. ...
If the simple interest for 6 years be equal to 60% of the principal. It will be equal to the principal after
Rs 2000 are invested at 5% p.a simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs 4000 after
If a sum when placed at compound interest grows to Rs.6,400 in 2 yrs and to Rs. 8,000 in 3 yrs, find the rate percent p.a.
Some amount out of Rs.12000 was lent out at 10% per annum and the rest amount @ 16% per annum and thus in 5 years the total interest from both the amount c...
Bittu, Tittu and Mitthu invested Rs. 80000, Rs. 100000 and Rs. 120000 respectively to start a business . Partnership condition is that, each will get inter...
The difference between the simple interest and the compound interest compounded annually at the same rate on a sum of money at the end of two years is Rs 5...
What sum of money will become Rs.1352 in 2 years at 4 percent per annum compound interest?
At what rate percent per annum will Rs. 75,000 yields a compound interest of Rs. 6,120 in 6 months if the interest is being compounded quarterly? Calculate...
A certain sum at certain rate % per annum simple interest becomes Rs 6300 in 2 years and Rs 6750 in 5 years. The principal and rate of interest are - ...

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