Cluster · Simple and Compound Interest Calculations

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Clusters / #1185
tight score 0.64

Simple and Compound Interest Problems
Questions
1,283
Questions in this cluster
1,281 total
Question Category Subtype Difficulty

Tina puts Rs. 48000 in a bank account. She takes it out 6 years later, it is now worth Rs. 60000. The percent increase is:

pipeline-520289
quant percentage intermediate

The height of a plant increases at the rate of 2% per annum. If its present height is 1.2 m, then what will be the height of the plant after three years?

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quant intermediate

A sum of Rs. 2,100 is invested for 1 year at 20% per annum, interest compounded half-yearly. Find the compound interest.

pipeline-516417
quant compound_interest intermediate

For how many years will ₹2,500 be invested at the rate of 12% per annum simple interest, which amounts to ₹4,900?

pipeline-667380
quant simple_interest intermediate

A sum of ₹ 600 was lent to two people, one at the rate of 5% per annum and the other at the rate of 13% per annum. If the simple interest after one year is ₹ 62, find the sum lent at each rate.

pipeline-623617
quant simple_interest intermediate

A certain sum when invested at 5% interest compounded annully for 3 years yields an interest of Rs. 2,522. Find the Prinicipal?

pipeline-14828
quant intermediate

The difference between the compound interest (compounding half yearly) for 1 year and the simple interest for 1 year on a certain sum lent out at the annual rate of 40 percent is Rs. 360. What is the sum?

pipeline-623485
quant simple_interest intermediate

A certain sum of money is given at a certain rate of simple interest for 4 years. Had it been given at 11% higher rate for the same time, it would have fetched ₹1320 more. Find the sum (in ₹).

pipeline-668688
quant simple_interest intermediate

The simple interest earned on ₹2,800 at a rate of 10% per annum for 3 years is ₹x and ₹1,736 is the simple interest earned on ₹6,200 at a rate of 14% for y years, then the value of x/y is:

pipeline-676727
quant simple_interest intermediate

The simple interest received on a sum for 20 years is 2/5 of the sum. What is the rate of interest?

pipeline-664060
quant simple_interest intermediate

The difference between the compound interest (compounding half yearly) for 1 year and the simple interest for 1 year on a certain sum lent out at the annual rate of 10 percent is Rs. 305. What is the sum?

pipeline-624490
quant simple_interest intermediate

A person borrowed ₹ 1760 at 6% per annum and ₹ 2240 at 9% per annum at simple interest for the same period. He had to pay ₹ 1536 in all as interest. Find the time (in years)

pipeline-667257
quant simple_interest intermediate

A sum becomes ₹6,600 in 4 years at simple interest at a yearly interest rate of 5% per annum. What is the sum?

pipeline-665080
quant simple_interest intermediate

A certain amount of money becomes thrice in 5 years at compound interest. How many years it will take to become 9 times?

pipeline-667375
quant compound_interest intermediate

A person deposited some amount of money in the bank at simple interest. After 20 years, the amount became nine times the amount deposited. In how many years will the amount become 13 times the amount if the interest rate remains the same?

pipeline-665989
quant simple_interest intermediate

An amount becomes double in 7 years on simple interest. The amount would be four times in ______ years on the same rate of simple interest.

pipeline-669028
quant simple_interest intermediate

At a certain rate of interest per annum, the difference between the compound interest, compounding annually, and the simple interest on ₹5,000 for 2 years is ₹72. The rate of interest per year is:

pipeline-511477
quant simple_interest intermediate

The difference between the compound interest (compounding annually) and simple interest on a sum at the rate of 50 percent per annum for 2 years is Rs. 7200. What is the sum?

pipeline-624171
quant simple_interest intermediate

R borrowed Rs 1,200 at 13% per annum simple interest. What amount will R pay to clear the debt after 5 years?

pipeline-16907
quant simple_interest intermediate

A person lent certain sum of money at the annual rate of 15 percent on simple interest and the interest received in 6 years is Rs. 800 less than the sum lent. What is the sum lent?

pipeline-624498
quant simple_interest intermediate

A sum of money at compound interest doubles itself in 4 years. In how many years does the sum become 8 times of itself at the same rate of interest?

pipeline-668360
quant compound_interest intermediate

Reshma took a loan of ₹12,00,000 with simple interest for as many years as the rate of interest. If she paid ₹9,72,000 as interest at the end of the loan period, what was the rate of interest per annum?

pipeline-668770
quant simple_interest intermediate

Simple interest on a sum for 5 years is equal to 25 percent of the principal. In how many years interest will be equal to the principal?

pipeline-624147
quant percentage intermediate

A principal of Rs. 50000 is invested at simple interest for 8 years. If the per annum rate of interest is 12 percent, then what will be the amount after 8 years?

pipeline-623489
quant simple_interest intermediate

A bank agrees to lend a loan to Arvind of Rs. 2,38,75,697 which falls short by 17% for starting his business. How much more loan would he need?

pipeline-22359
quant intermediate

The compound interest on ₹10,000 at 20% per annum is ₹4,641. If the compounding is done half-yearly, then for how many years was the sum invested?

pipeline-676721
quant compound_interest intermediate

A principal of Rs. 20000 is borrowed at compound interest (compounding annually) at the rate of 9 percent per annum. What will be the amount after 2 years?

pipeline-623624
quant compound_interest intermediate

A sum of money amounts to ₹14,112 at the rate of 20% per annum compounded annually for 3 years. Find the sum of money.

pipeline-494044
quant intermediate

The simple interest on a sum deposited at 10% p.a. for 4 years is ₹20,000. What will be the compound interest on the same sum at half of the above rate of interest for 2 years, interest compounded yearly?

pipeline-356286
quant simple_interest intermediate

The difference between the compound interest, when compounded annually, and the simple interest on a certain sum of money for 2 years at 4.2% is ₹8.82. What is the sum?

pipeline-349395
quant simple_interest intermediate

What is the simple interest on a principal of Rs.24,000 for 4 years at the rate of 5% per annum?

pipeline-349305
quant simple_interest intermediate

In how many years, The simple interest earned on Rs. 6000 at an interest rate of 5% per annum will be equal to the simple interest earned on Rs. 2000 at the rate of 4% per annum for 30 years?

pipeline-349418
quant simple_interest intermediate

What sum of money should be invested to earn a simple interest of Rs.5,040 in 3 years and 6 months at a 12% rate of interest per annum?

pipeline-348771
quant simple_interest intermediate

What is the ratio of simple interest earned on certain amount at the rate of 12% for 6 years and that for 12 years?

pipeline-17143
quant simple_interest intermediate

Find the simple interest on Rs. 50 for 6 months at the rate of 10 paise per rupee per month.

pipeline-29285
quant simple_interest intermediate

A invested an amount of ₹12,000 in a fixed deposit scheme for 2 years at an interest rate of 5% per annum, compounded annually. How much amount will A get on maturity of the fixed deposit?

pipeline-349274
quant intermediate

If the total simple interest received on a sum for 25 years is equal of the principal, what is the rate of simple interest paid per annum?

pipeline-357095
quant simple_interest intermediate

The simple interest at y% for 'y' years will be Rs. y on a sum. Find the principal amount.

pipeline-29990
quant simple_interest intermediate

What is the difference between the maturity values, if Rs. 12,500 is invested for 2 years at 20% per annum simple interest and compound interest?

pipeline-18986
quant simple_interest intermediate

₹15,000 is lent for one year at the rate of 20% per annum, the interest being compounded annually. If the compounding of the interest is done half - yearly, then how much more interest will be obtained at the end of the one-year period on the same initial sum?

pipeline-357102
quant intermediate

A man purchased a cycle for Rs. 3,000/- and agreed to pay 12% on the amount as interest. He repaid principal and interest in 12 equal monthly installments. Find the amount of each installment.

pipeline-33703
quant intermediate

What will be the maturity value, if Rs. 13,500 is deposited at a simple interest of 12.5% for two years?

pipeline-18903
quant simple_interest intermediate

Find the approximate simple interest on Rs.2000 from March 9,2010 to May 21, 2010 at 8.25% per annum.

pipeline-31625
quant simple_interest intermediate

The difference between the compound interest and the simple interest on a certain sum of money at 10% per annum for 2 years is ₹ 200. What is the sum of money, if in the case of compound interest, interest is compounded annually?

pipeline-348388
quant simple_interest intermediate

Rs. 10,000 is being compounded at 20% per annum. Calculate the amount after 2 years if the rate of interest is charged half-yearly.

pipeline-29983
quant intermediate

In a store, Arun has two options to buy a mobile phone, either he can pay the full amount of Rs.2,500 or he may buy at an instalment scheme, i.e. Rs.520 in down payment and four equal instalments, rate of interest being charged at 25% p.a. simple interest. Arun buys a mobile phone on the instalment scheme. What is the monthly instalment for Arun?

pipeline-578350
quant simple_interest intermediate

Ms. Kavitha borrowed Rs.950 at 6% per annum simple interest. What amount will she pay to clear her debt after 4 years?

pipeline-33026
quant simple_interest intermediate

What will be the amount payable on maturity on a principal of ₹12,000, invested for 3 years, at the rate of 10% per annum, compounded annually?

pipeline-356296
quant intermediate

A sum borrowed at 6% p.a. earns an interest which is 1/3rd of its principal in x years. Find x.

pipeline-22312
quant intermediate

Find the interest on Rs.25000 at 12% p.a. compounded annually for 3 years.

pipeline-21856
quant intermediate
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