Question 1
Find the simple interest on Rs. 5200 for 2 years at 6% per annum.
1
624
2
600
3
520
4
580
Question 2
Rs. 1200 is lent out at 5% per annum simple interest for 3 years. Find the amount after 3 years
1
1300
2
1380
3
1350
4
1250
Question 3
What is the total amount when Rs. 2000 is invested at 5% per annum simple interest for 3 years?
1
2200
2
2250
3
2300
4
2150
Question 4
A sum of money amounts to Rs. 4000 in 2 years at 10% simple interest per annum. What is the principal?
1
3200
2
3300
3
3000
4
3600
Question 5
If the simple interest on a certain sum is Rs. 1200 in 3 years at 8% per annum, what is the principal?
1
5600
2
5400
3
5200
4
5000
Question 6
A sum of Rs. 5000 is invested at 5% per annum simple interest. After 4 years, the total amount becomes Rs. 6000. Find the interest earned.
1
1000
2
1400
3
1500
4
1200
Question 7
A sum of Rs. 3000 is invested at 10% per annum simple interest. After how many years will the interest amount to Rs. 600?
1
2
2
6
3
3
4
4
Question 8
Rs. 2100 is invested at a compound interest rate of 5% per annum for 2 years. What will be the amount after two years?
1
2315.25
2
2415.25
3
2320
4
2215.25
Question 9
Find the difference between the simple interest and the compound interest at 5% per annum for 2 years on principal of Rs. 2000.
1
200
2
10
3
5
4
20
Question 10
Find the rate of interest if the amount after 2 years of simple interest on a capital of Rs. 1200 is Rs. 1440.
1
8
2
9
3
11
4
10
Question 11
What is the simple interest on a sum of Rs. 700 if the rate of interest for the first 3 years is 8% per annum and for the last 2 years is 7.5% per annum?
1
273
2
105
3
168
4
276
Question 12
Find the compound interest on Rs. 1000 at the rate of 20% per annum for 18 month when interest is compounded half yearly.
1
331
2
321
3
341
4
None of these
Question 13
Find the principal if the interest compounded at the rate of 10% per annum for two years is Rs. 420.
1
2000
2
1500
3
2200
4
1800
Question 14
The difference between CI and SI on a sum of money at 10% per annum for 2 years is ₹50. Find the principal.
1
5200
2
5000
3
4500
4
4800
Question 15
A sum becomes ₹22,000 in 2 years at 10% CI annually. Find the principal.
1
18,181.82
2
48,181.56
3
28,161.53
4
16,131.34
