PDF No 4

Compound & Simple Interest

7
1. A sum of money becomes times of itself in 3 years at a certain rate of
6
simple interest. The rate of interest per annum is?

5
2. A sum of money becomes times of itself in 4 years at a certain rate of
4
simple interest. The rate of interest per annum is?

2
3. A sum of money becomes 2 times of itself in 20 years at a certain rate of
5
simple interest. The rate of interest per annum is?

4. A sum of money becomes doubles of itself in 7 years 8 months at a certain

rate of simple interest. Then what was the rate of interest per annum?

5. A sum of money becomes triples of itself in 16 years 6 months at a certain

rate of simple interest. Then what was the rate of interest per annum?

4
6. The simple interest on a sum of money is of the principal and the number
9
of years is numerically equal to the rate percent per annum. Then the rate of
interest per annum (in %)?

1
7. The simple interest on a sum of money is of the principal and the number
4
of years is numerically equal to the rate percent per annum. Then the rate of
interest per annum (in %)?

1
8. The simple interest on a sum of money is of the principal and the number
16
of years is numerically equal to the rate percent per annum. Then the rate of
interest per annum (in %)?

8
9. The simple interest on a sum of money is of the principal and the number
25
of years is numerically half of the rate percent per annum. Then the rate of
interest per annum (in %)?

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 3
10. The simple interest on a sum of money is of the principal and the number
25
of years is numerically one-third of the rate percent per annum. Then the rate
of interest per annum (in %)?

1
11. The simple interest on a sum of money is of the principal and the number
2
of years is numerically doubles of the rate percent per annum. Then the rate
of interest per annum (in %)?

1
12. The simple interest on a sum of money in 12 years is ¾ of the principal.
2
Then the rate of interest per annum (in %)?

13
13. The simple interest on a sum of money in 3 years 3 months is of the
20
principal. Then the rate of interest per annum (in %)?

14. With a certain rate of simple interest in a certain period of time, the ratio of
principal and amount is 4:5. After 3 years, with the same rate of interest, the
ratio of principal and amount becomes 5:7. The rate of interest per annum is?

15. With a certain rate of simple interest in a certain period of time, the ratio of
principal and amount is 5:6. After 5 years, with the same rate of interest, the
ratio of principal and amount becomes 2:3. The rate of interest per annum is?

16. With a certain rate of simple interest in a certain period of time, the ratio of
principal and amount is 3:4. After 4 years, with the same rate of interest, the
ratio of principal and amount becomes 2:3. The rate of interest per annum is?

17. With a certain rate of simple interest in a certain period of time, the ratio of
principal and amount is 2:3. After 2 years, with the same rate of interest, the
ratio of principal and amount becomes 4:7. The rate of interest per annum is?

18. A person borrows some loan amount for 5 years and the ratio of loan amount
to total interest amount is 5:2. Then find the ratio of loan amount to rate of
interest?

(a) 2:25 (b) 2:1

(c) 5:2 (d) 25:2

19. A person borrows some loan amount for 6 years and the ratio of loan amount
to total interest amount is 8:3. Then find the ratio of loan amount to rate of
interest?

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 (a) 8:1 (b) 16:1

(c) 1:16 (d) 15:1

20. A person borrows some loan amount for 3 years and the ratio of loan amount
to total interest amount is 20:9. Then find the ratio of loan amount to rate of
interest?

(a) 10:3 (b) 25:3

(c) 20:3 (d) 15:2

21. A sum of money at the certain rate of simple interest per annum doubles in 5
years and at a different rate of simple interest becomes three times in 12
years. The lower rate of interest per annum is?

(a) 15% (b) 20%

3 2
(c) 15 % (d) 16 %
4 3

22. A sum of money at the certain rate of simple interest per annum doubles in 8
years and at a different rate of simple interest becomes 5 times in 30 years.
The lower rate of interest per annum is?

1 1
(a) 12 % (b) 8 %
2 3

1 2
(c) 13 % (d) 16 %
3 3

23. A sum of money at the certain rate of simple interest per annum becomes 1.5
times of itself in 6 years and at a different rate of simple interest becomes
2.5 times of itself in 20 years. The higher rate of interest per annum?

1 1
(a) 6 % (b) 8 %
4 3

1
(c) 7 % (d) n.o.t
2

1
24. In certain years a certain sum of money is doubled at 6 % simple interest
4
per annum, then the required time is?

(a) 12 years (b) 8 years

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 (c) 16 years (d) 25 years

1
25. In certain years a certain sum of money becomes triple of itself at 12 %
2
simple interest per annum, then the required times is?

(a) 20 years (b) 12 years

(c) 16 years (d) 25 years

1
26. In certain years a certain sum of money becomes 4.5 times of itself at 33 %
3
simple interest per annum, then the required time is?

(a) 10 years 5 months

(b) 10 years 6 months

(c) 10 years 3 months

(d) none of these

27. With any rate of simple interest per annum, A certain sum of money becomes
6 times of itself in 10 years. In how many years it will becomes 36 times of
itself with the same rate of interest?

28. With any rate of simple interest per annum, A certain sum of money becomes
3 times of itself in 5 years. In how many years it will becomes 9 times of itself
with the same rate of interest?

29. With any rate of simple interest per annum, A certain sum of money becomes
5 times of itself in 15 years. In how many years it will becomes 20 times of
itself with the same rate of interest?

30. With any rate of simple interest per annum, A certain sum of money becomes
3.5 times of itself in 10 years. In how many years it will becomes 12.5 times
of itself with the same rate of interest?

31. Some part of Rs. 10,000 is inverted at the rate of simple interest 8% per
annum and remaining at 10% per annum. If the total interest received in a
year is 9.2% then find the two parts invested respectively?

(a) Rs. 4000, Rs. 6000 (b) Rs. 4500, Rs. 5500

(c) Rs. 5000, Rs. 5000 (d) Rs. 5500, Rs. 4500

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32. A part of Rs. 1500 was lent at 10% per annum and the rest at 7% per annum
simple interest. The total interest received in three years was Rs. 396. Find
the sum lent at 10% was?

(a) Rs. 900 (b) Rs. 800

(c) Rs. 700 (d) Rs. 600

(e) None of these

33. A part of Rs. 7000 was lent at 4% per annum and the rest at 6% per annum
simple interest. The total interest received in 5 years was Rs. 1600. Find the
sum lent at 6% was?

(a) Rs. 1200 (b) Rs. 1500

(c) Rs. 1800 (d) Rs. 2000

(e) None of these

34. A man invests Rs. 4500 Rs. Partly on two different rates. On first part, he gets
4% interest for 9 years. On the second part he gets 15% for 3 years. Find the
money invested on the first part if simple interest on both the parts are
same?

(a) Rs. 3600 (b) Rs. 3400

(c) Rs. 3050 (d) Rs. 3200

35. A part of Rs. 38,800 is lent out at 6% per annum for 6 months and the rest
part is lent out after one year at 5% per annum. The ratio of the interest of
both part after 3 years from the time when the first part was lent out is 5:4.
Find the part which was lent out at 5%?

(a) Rs. 28000 (b) Rs. 27800

(c) Rs. 26500 (d) 28800

36. A person invests his money in three different schemes for 6 years, 10 years
and 12 years at 10%, 12% and 15% simple interest per annum respectively.
At the completion of each scheme, he gets the same interest. Find the ratio
of his investments in three schemes respectively?

(a) 6:2:2 (b) 2:3:4

(c) 3:4:6 (d) 3:4:2

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 1 1
37. A person invests his money in three different schemes for 4 years, 8 years
2 3
and 10 years at 10%, 9% and 15% simple interest per annum respectively. At
the completion of each scheme, he gets the same interest. Find the ratio of
his investments in three schemes respectively?

(a) 10:4:3 (b) 2:3:4

(c) 10:6:3 (d) none of these

38. A person invests his money in three different schemes for 4 years, 5 years
and 6 years at 5%, 6% and 4% simple interest per annum respectively. If at
the completion of each scheme, he gets the interest in the ratio 1:2:3
respectively. Find the ratio of his investments in three schemes respectively?

(a) 6:4:5 (b) 6:8:15

(c) 6:8:3 (d) none of these

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39. A person invests his money in two different schemes for 8 years and 12
3 2
years at the rate of simple interest 6% per annum. If at the completion of
each scheme, he gets the interest in the ratio 3:4 respectively. Find the ratio
of his investments in both schemes respectively?

(a) 3:2 (b) 8:9

(c) 9:8 (d) none of these

40. A person invested a total sum of Rs. 7900 in three different schemes of
simple interest at 3%, 5% and 8% per annum respectively. At the end of one
year he got same interest in all three schemes. What wad the money (in Rs.)
invested at 3%?

(a) 2900 (b) 3500

(c) 4000 (d) 5600

41. A person invested a certain sum of money in two different schemes for 2
years and 3 years at the simple interest rate 5% per annum respectively. If at
the end of each scheme he got the equal amount. Find the ratio in which he
invested his money?

(a) 3:2 (b) 23:22

(c) 2:3 (d) 22:23

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42. The difference between the simple interest received from two different
sources on Rs. 1500 for 3 years in Rs. 13.50. Find the difference between
their rates on interest?

(a) 0.1% (b) 0.2%

(c) 0.3% (d) 0.4%

(e) None of these

43. The difference between the simple interest received from two different
sources on Rs. 500 for 2 years in Rs. 2.50. Find the difference between their
rates on interest?

(a) 0.10% (b) 0.25%

(c) 0.50% (d) 1.00%

44. The difference between the simple interest received from two different
sources on Rs. 2500 for 8 years in Rs. 250. Find the difference between their
rates on interest?

(a) 1% (b) 1.75%

(c) 1.50% (d) 1.25%

(e) None of these

45. The difference between the simple interest received from two different
sources on Rs. 10,000 for 16 years in Rs. 4000. Find the difference between
their rates on interest?

(a) 2.25% (b) 2.75%

(c) 2.50% (d) 2%

(e) None of these

46. Rs. 800 amounts to Rs. 920 in 3 years at any rate of simple interest per
annum. If the rate of interest is increased by 3%, then what will be the total
amount becomes?

(a) Rs. 982 (b) Rs. 992

(c) Rs. 960 (d) Rs. 964

(e) None of these

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47. Rs. 800 amounts to Rs. 920 in 3 years at any rate of simple interest per
annum. If the rate of interest is increased by 3%, then what will be the total
amount becomes?

(a) Rs. 982 (b) Rs. 992

(c) Rs. 960 (d) Rs. 964

(e) None of these

48. Rs. 2500 amounts to Rs. 3750 in 5 years at any rate of simple interest per
annum. If the rate of interest is increased by 5%, then what will be the total
amount becomes?

(a) Rs. 4500 (b) Rs. 4325

(c) Rs. 4375 (d) Rs. 4350

(e) None of these

49. Rs. 1500 amounts to Rs. 1680 in 4 years at any rate of simple interest per
annum. If the rate of interest is increased by 1%, then what will be the total
amount becomes?

(a) Rs. 1700 (b) Rs. 1725

(c) Rs. 1720 (d) Rs. 1740

50. Rs. 6000 becomes Rs. 7200 in 4 years. If the rate becomes 1.5 times of it
self, the what will be the amount in same period of time?

(a) Rs. 7500 (b) Rs. 7800

(c) Rs. 8000 (d) 8400

(e) None of these

51. Rs. 6000 becomes Rs. 7200 in 4 years. If the rate becomes 1.5 times of it
self, the what will be the amount becomes in 5 years?

(a) Rs. 8000 (b) Rs. 8250

(c) Rs. 9250 (d) Rs. 9000

(e) None of these

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52. What would be the simple interest obtained on Rs. 8930 at the rate of 8% per
annum after 5 years?

(a) Rs. 5413 (b) Rs. 2678

(c) Rs. 3572 (d) Rs. 4752

(e) None of these

53. A certain sum of money at any rate of simple interest per annum becomes
Rs. 2100 in 2 years and Rs. 2250 in 5 years. Find the principal and rate of
simple interest per annum?

(a) Rs. 1800; 3% (b) Rs. 1800; 5%

(c) Rs. 2000; 3% (d) Rs. 2000, 2.5%

(e) None of these

54. A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 years and 3 months.
The rate of simple interest per annum is?

1
(a) 5 % (b) 8%
2

(c) 7% (d) 6%

55. A sum of Rs. 400 becomes Rs. 448 at any rate of simple interest in 2 years.
Find in how many years will the sum of Rs. 550 amounts to Rs. 682 at the
same rate of simple interest?

(a) 2 (b) 3

(c) 3.5 (d) 4

56. An amount fetched a total simple interest of Rs. 3200 at the rate of 6.25%
year in 4 year. What is the amount (in Rs.)?

(a) 13800 (b) 11800

(c) 12800 (d) 14800

57. Simple interest on Rs. 500 for 4 years at 6.25% per annum is equal to the
simple interest on Rs. 400 at 5% per annum for a certain period of time. The
period of time is:

(a) 4 years (b) 5 years

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 1 2
(c) 6 years (d) 8 years
4 3

58. A borrows Rs. 800 at the rate of 12% per annum simple interest and B
borrows Rs. 910 at the rate of 10% per annum, simple interest. In how many
years will their amounts of debt be equal?

(a) 18 years (b) 20 years

(c) 22 years (d) 24 years

59. A person lends 40% of his sum of money at 15% per annum, 50% of rest at
10% per annum and the rest at 18% per annum rate of interest. What would
be the annual rate of interest, if the interest is calculated on the whole sum?

(a) 13.4% (b) 14.33%

(c) 14.4% (d) 13.33%

60. Ramesh deposited Rs. 15600 in a fixed deposit at the rate of 10% per annum
simple interest. After every second year, he adds his interest earnings to the
principal. The interest at the end of fourth year is-

(a) Rs. 1716 (b) Rs. 1560

(c) Rs. 3744 (d) Rs. 1872

61. Nitin borrowed some money at the rate of 6% p.a. for the first three years,
9% p.a. for the next five years and 13% p.a. for the period beyond eight
years. If the total interest paid by him at the end of eleven years is Rs. 8,160,
the money borrowed by him (in Rs.) was-

(a) 12,000 (b) 6,000

(c) 8,000 (d) 10,000

62. If a man receives on one-fourth of his capital 3% interest, on two third 5%

and on the remaining 11%, the percentage he receives on the whole is-

(a) 4.5% (b) 5%

(c) 5.5% (d) 5.2%

63. Rs. 12000 is divided into two parts such that the simple interest on the first
part for 3 years at 12% per annum may be equal to the simple interest on the

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 1
second part for 4 years at 16% per annum. The ratio of the first part to the
2
second part is-

(a) 2:1 (b) 1:2

(c) 2:3 (d) 3:2

64. The principal which gives Rs. 1 interest per day at a rate of 5% simple
interest per annum is-

(a) Rs. 5000 (b) Rs. 35500

(c) Rs. 7300 (d) Rs. 3650

65. A sum of Rs. 7,930 is divided into 3 parts and given at loan at 5% simple
interest to A, B and C for 2, 3 and 4 years respectively. If the amounts of all
three are equal after their respective periods of loan, then the A received a
loan of-

(a) Rs. 2,800 (b) Rs. 3,050

(c) Rs. 2,750 (d) Rs. 2,760

66. If a borrowed Rs. P at x% and B borrowed Rs. Q(>P) at y% per annum at

simple interest at the same time, then the amount of their debts will be equal
after-

(a) 100 ( Px−Qy

Q−P
) years
(b) 100 ( Px−Qy
Q−P )
years

(c) 100 ( Px−Qy

P−Q )
years

(d) ( Px−Qy
P−Q
) years
67. If sum of money becomes Rs. 4000 in 2 years and Rs. 5500 in 4 years 6
months at the same rate of simple interest per annum. Then the rate of
simple interest is-

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 3 2
(a) 21 % (b) 21 %
7 7

1 5
(c) 21 % (d) 21 %
7 7

68. Rohan borrowed a certain sum of money at simple interest. Rate of interest
was 3% per annum for first 3 years, 4% per annum for next 5 years and 6%
per annum for next 7 years. If he paid Rs. 2059 as interest, then what is the
sum borrowed (in Rs.)?

(a) 2400 (b) 2500

(c) 2900 (d) 3100

69. A borrowed a loan from B at 8% simple interest for 2 years and repaid the
loan with interest totaling Rs. 1,91,864. The amount of loan taken by A is:

(a) Rs. 1,68,920 (b) Rs. 1,66,540

(c) Rs. 1,64,492 (d) Rs. 1,65,400

70. A sum of Rs. 12,800 is invested separately at 15% per annum and the
remaining at 12% per annum simple interest. If the total interest at the end
of 3 years is Rs. 5,085, then how much money was invested at 15% per
annum?

(a) Rs. 5,200 (b) Rs. 7,500

(c) Rs. 5,800 (d) Rs. 5,300

71 A sum of Rs. 8,400 amounts to Rs. 11,046 at 8.75% p.a. simple interest in
certain time. What is the simple interest on the sum of

(a) Rs. 3,024 (b) Rs. 2,686

(c) Rs. 3,012 (d) Rs. 2,990

72. A sum lent out at simple interest amounts to Rs. 6,076 in 1 year and Rs.
7,504 in 4 years. The sum and the rate of interest p.a. are respectively:

(a) Rs. 5,600 and 9%

(b) Rs. 5,600 and 8.5%

(c) Rs. 5,400 and 9%

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 (d) Rs. 5,400 and 10%

73. A man took a loan from a bank at the rate of 12% per annum at simple
interest. After 3 year he had to pay Rs. 5400 as interest only for that period.
The principal amount borrowed by him was-

(a) Rs. 2000 (b) Rs. 10,000

(c) Rs. 20,000 (d) Rs. 15,000

74. Rs. 1,000 is invested at 5% per annum simple interest. If the interest is added
to the principal after every 10 years, the amount will become Rs. 2,000 after-

(a) 15 years (b) 18 years

2
(c) 20 years (d) 16 years
3

75. A person deposited Rs. 400 for 2 years, Rs. 550 for 4 years and Rs. 1,200 for
6 years. He received the total simple interest of Rs. 1,020. The rate of
interest per annum is-

(a) 10% (b) 5%

(c) 15% (d) 20%

76. A person lends 40% of his sum of money at 15% per annum, 50% of rest at
10% per annum and the rest at 18% per annum rate of interest. What would
be the annual rate of interest, if the interest is calculated on the whole sum?

(a) 13.4% (b) 14.33%

(c) 14.4% (d) 13.33%

77. What equal installment of annual payment will dis-charge a debt which is due
as Rs. 848 at the end of 4 years at 4% per annum simple interest?

(a) Rs. 212 (b) Rs. 200

(c) Rs. 250 (d) Rs. 225

1
78. Out of Rs. 50,000, that a man has, he lends Rs. 8000 at 5 % per annum
2
simple interest and Rs. 24,000 at 6% per annum simple interest. He lends the
remaining money at a certain rate of interest so that he gets total annual
interest of Rs. 3680. The rate of interest per annum, at which the remaining
money is lent, is-

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 (a) 5% (b) 7%

(c) 10% (d) 12%

79. Equal sum of money are lent to X and Y at 7.5% per annum for a period of 4
years and 5 years respectively. If the difference in interest, paid by them was
Rs. 150, the sum lent to each was-

(a) Rs. 500 (b) Rs. 1000

(c) Rs. 2000 (d) Rs. 3000

80. What annually installment will be discharge for a debt of Rs. 4200 due after 5
years at the rate of simple interest 10% per annum?

81. What annually installment will be discharge for a debt of Rs. 11,000 due after
5 years at the rate of simple interest 5% per annum?

82. What annually installment will be discharge for a debt of Rs. 2120 due after 4
years at the rate of simple interest 4% per annum?

83. What annually installment will be discharge for a debt of Rs. 19,350 due after
4 years at the rate of simple interest 5% per annum?

84. What annually installment will be discharge for a debt of Rs. 2210 due after 4
years at the rate of simple interest 7% per annum?

85. What quarterly installment will be discharge for a debt of Rs. 2120 due after
1 years at the rate of simple interest 16% per annum?

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