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Practice Simple and compound interest Questions and Answers

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 - ...
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...
A Motorbike can be purchased on cash payment of Rs. 30000. But the same Motorbike can also be purchased on the cash down payment of Rs 7000 and the rest ca...
A farmer wants to divide Rs 2,81,800 between his sons , who are 17 and 19 years old respectively, in such a way that the sum divided at the rate of 12% per...
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...
Rs 2000 are invested at 5% per annum simple interest. If the interest is added to the principal after every 15 years, the amount will become Rs 4,000 after...
The simple interest on a certain sum of money for 4 years at 16% per annum is 2/5th of the compound interest on Rs. 6000 for 2 years at 20% per annum. The ...
A sum was put at simple interest at a certain rate for 7 years. Had it been put at 6 % higher rate, it would have fetched Rs. 1260 more. Find the sum?
A man invested Rs.45000 in a fixed deposit scheme for 3 yrs at CI of 12% p.a. How much will a man get on maturity of the fixed deposit? ...
In what time will Rs. 21000 amount to Rs. 27951 @ 10% compound interest?
A sum of Rs.8 is lent to be returned in 9 months installments of Rs.1 each, interest simple. The rate of interest is: -
A sofa of MRP 450 is available in Rs.90 cash down payment and 9 monthly equal installment of Rs.45 each. Find the rate of interest per annum.
A sofa of MRP 2500 is available in Rs.500 cash down payment and 9 monthly equal installment of Rs.250 each. Find the rate of interest per annum.
What annual installment will clear a debt of ₹4,500 due in 5 years at 8% p.a. simple interest?
What will be the differnce between SI & CI on Rs. 70000 for 3 years at rate of 40% per annum ?
What will be the differnce between SI & CI on Rs. 5000 for 3 years at rate of 20% per annum ?
A sum of money will amount to Rs. 640 in 2 year & in 3 year it is to be 720 in compound interest . Find the rate of interest?
A sum of money will amount to Rs. 480 in 2 year & in 3 year it is to be 540 in compound interest . Find the rate of interest?
A took loan from a bank at the rate of 17%p.a. simple interest. After 5 years he had to pay Rs.6800 interest only for the period. The principal amount borr...
David takes a loan of Rs. 20000 from his friend Alex, which he is to return at 10% p.a. simple interest after 5 years. Alex takes a loan from George, which...
Ravi lends Rs. 10,000 to two of his friends. He gives Rs.5,000 to the first at 15% p.a. simple interest. Ravi wants to make a profit of 20% on the whole. T...

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