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Practice Simple and compound interest Questions and Answers

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...
Raman gave 50% of his savings of 126150 to his wife and divided the remaining sum among his two sons Aman and Bhusan of 15 and 13 years of age respectively...
The difference of S.I and C.I on an amount of Rs. 40000 for 2 years is Rs. 64. What is the rate of interest?
The difference of S.I and C.I on an amount of Rs. 20000 for 2 years is Rs. 162. What is the rate of interest?
At what % of simple interest per annum will Rs. 400 amount to Rs. 620 in five years?
At what % of simple interest per annum will Rs. 500 amount to Rs. 610 in five years?
At what % of simple interest per annum will Rs. 400 amount to Rs. 520 in five years?
At what % of simple interest per annum will Rs. 400 amount to Rs. 580 in five years?
At what % of simple interest per annum will Rs. 600 amount to Rs. 720 in five years?
At what % of simple interest per annum will Rs. 320 amount to Rs. 480 in five years?
At what % of simple interest per annum will Rs. 600 amount to Rs. 780 in five years?
A certain sum of money will be doubled in 25 years at the rate of simple interest percent per annum is:
A certain sum of money will be doubled in 4 years at the rate of simple interest percent per annum is:
A certain sum of money will be doubled in 2 years at the rate of simple interest percent per annum is:
A certain sum of money will be doubled in 80 years at the rate of simple interest percent per annum is:
What sum of money must be given at simple interest for 3 months at 5% per annum in order to earn Rs. 220 interest?
What sum of money must be given at simple interest for 8 months at 4% per annum in order to earn Rs. 320 interest?
What sum of money must be given at simple interest for 9 months at 5% per annum in order to earn Rs. 360 interest?
What sum of money must be given at simple interest for 8 months at 3% per annum in order to earn Rs. 260 interest?
What sum of money must be given at simple interest for 3 months at 4% per annum in order to earn Rs. 240 interest?
What sum of money must be given at simple interest for 5 months at 3% per annum in order to earn Rs. 260 interest?

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