Simple Interest

Author:Subject Experts
8th Foundation
IMPORTANT

Important Questions on Simple Interest

EASY
IMPORTANT

The time period after which interest is added each time to form a new principal is called _____.

MEDIUM
IMPORTANT

A sum amounts to 3600 at 2% per annum under simple interest and 4800 at 4% per annum under simple interest. The time taken is _____. 

MEDIUM
IMPORTANT

A certain sum is divided into two parts. Th first is lent at 1012% per annum for 3 years and 4 months and the second at 812% per annum for 2 years 6 months/ Prove that 120 times of the total is equal to the sum 42 times of the first part and 25 times the second part.   

MEDIUM
IMPORTANT

Sushma deposited 6500 which amounted to 7800 in 4 years at simple interest. Had the interest been 2% more per annum, how much would she have received?

MEDIUM
IMPORTANT

A certain sum amounts to 4500 in 212 years at 20% per annum simple interest. FInd the sum in ₹.

MEDIUM
IMPORTANT

Alok borrowed a certain sum on 9 July 2006 and paid an amount of 438 which included interest of 6 on 8 November 2006. Find the rate of interest, charged to Alok per annum.

MEDIUM
IMPORTANT

Find the simple interest on 700 from 20 dec 2006 to 20 june 2007 at 6% per annum in 

HARD
IMPORTANT

A sum of 3000 is partly lent at 3% per annum simple interest for 72 years and partly at 2% per annum simple interest for 4 years. If total interest earned is 280, then the sum lent at 3% per annum is _____.

MEDIUM
IMPORTANT

If 300 is the interest paid on a certain sum at the rate of 5% per annum simple interest for a period of 5 years, then find the sum in rupees.

MEDIUM
IMPORTANT

2800 was split into two parts. One part was lent at 20% per annum simple interest for 10 years. The other part was lent at 25% per annum simple interest for 20 years. Each part yielded equal interest. Find the lower part (in₹)

MEDIUM
IMPORTANT

A sum was split into three parts. The first part was lent at 10% per annum for 4 years. The second part was lent at 20% per annum for 6 years. The third part was lent at 30% per annum for 5 years. Each part was lent at simple interest and the same amount of simple interest was realised from each. Find the ratio of the first, second and third parts.

EASY
IMPORTANT

A certain sum was invested at a certain rate of simple interest. It took 20 years to quadruple. Find the time that the sum would take to become 9 times, if the rate of interest was 5 percentage points more. (in years)

EASY
IMPORTANT

In calculating the time for charging the interest, the day on which the money is borrowed and the day on which money is repaid are _____(excluded/ included).

EASY
IMPORTANT

Find the simple interest on 3000 at 10% per annum from January 1, 2007 to March 15, 2007 (in ₹)

EASY
IMPORTANT

_____ is calculated on the (original) principal for the entire loan period.

EASY
IMPORTANT

The extra amount paid by a borrower for using another person's money is called _____.

EASY
IMPORTANT

Time taken by a sum to double itself at 4% per annum at simple interest is _____ years.

MEDIUM
IMPORTANT

A sum was split into three parts. The first part was lent at 10% per annum for 4 years. The second part was lent at 20% per annum for 6 years. The third part was lent at 30% per annum for 5 years. Each part was lent at simple interest and the same amount of simple interest was realised from each. Find the ratio of the first, second and third parts.

EASY
IMPORTANT

A certain sum was deposited in a bank at 6% per annum at simple interest for 3 years. Had it been deposited at a rate of interest 2% per annum more, the interest received would have been 750 more. Find the sum.

EASY
IMPORTANT

The simple interest on1800  at R% per annum for 2 years is equal to the simple interest on 4800 at 15% per annum for 1 year. Find the simple interest (in ) on 2400  for 3 years at R% per annum.