Cluster · Simple and Compound Interest Calculations
| Question | Category | Subtype | Difficulty | |
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Ayush invested Rs. 450000 at some rate of interest compounded annually. If he receives Rs. 124605 as interest after 2 years then what is the rate of interest per annum? pipeline-1285951
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banking | — | intermediate | |
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The compound interest on a certain sum for 18 years is 5600 and that for 36 years on the same sum is 18200. Find the Compound interest for 27 years on this sum? pipeline-1287344
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banking | compound_interest | intermediate | |
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At simple interest a sum of money becomes Rs 2048 in 5 years and Rs 2176 in 6 years. What was the amount invested initially? pipeline-1287345
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banking | simple_interest | intermediate | |
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The difference between Compound Interest and Simple Interest on a sum of Rs. 12000 for 3 years at 10% rate of interest is: pipeline-1268385
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banking | simple_interest | intermediate | |
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If a man invests equal sum on simple interest for T and (T + 4) years at the same rate and the respective ratio of interest gets by the man is 1 : 2, then what is the value of ‘T’? pipeline-1269160
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banking | simple_interest | intermediate | |
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A certain sum is lent on simple interest at 5% p.a. for 2 years, 7% p.a. for the next 3 years, and 10% p.a. beyond 5 years. If for a period of 9 years, the simple interest obtained is ₹18,900, what is the sum (in ₹)? pipeline-1259939
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banking | simple_interest | intermediate | |
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Dhanush decided to invest a part of his savings with two different banks, the State Bank of India and HDFC Bank. He invested the total amount of Rs. 6,000 at two different rates of interest, 2%, and 5%. p.a. simple interest. His total income in 4 years is Rs 720. Find the sum he invested at two different rates. pipeline-1259929
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banking | simple_interest | intermediate | |
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A sum of Rs. 44000 is lent on simple interest at the rate of 16% per annum. The interest is calculated quarterly. If the interest received is Rs.12320, then find the time for which the sum was invested. pipeline-1262951
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banking | simple_interest | intermediate | |
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A sum of money Rs. ‘x’ is invested for three years at 10% rate of interest under compound interest. If the amount at the end of three years under compound interest is now invested under simple Interest for 2 years at a 10% rate of interest per annum, the amount becomes Rs. 31944. Find the value of x. pipeline-1264469
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banking | simple_interest | intermediate | |
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A sum of money is invested on simple interest applied semi-annually for 2 years at the rate of 14% per annum and the amount received after 2 years is invested on compound interest for 2 years at the rate of 10% per annum. If the compound interest received at the end is Rs. 3225.6 then find the sum invested initially. pipeline-1262948
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banking | simple_interest | intermediate | |
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Rithik invested Rs 40,000 on a scheme for 3 years at the rate of 15% compounded annually. He again invested the interest obtained from the previous investment on simple interest for 5 years at the rate of 15%. Find the total amount at the end of 8 years (in Rs.). pipeline-1259920
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banking | simple_interest | intermediate | |
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A sum of Rs. 30000 is borrowed on compound interest of 15% per annum for 2 years. The same sum is lent on the simple interest of 10.5% per annum for 3 years. Find the loss incurred at the end of 3 years. pipeline-1252616
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banking | simple_interest | intermediate | |
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The difference between the Simple interest and Compound Interest for 2 years is Rs. 16.9 at the rate of 2.5%. (I) Principal = Rs. 27054 (II) If half of the principal is lent to Amit at the rate of 0.5% for 2 years then, the earned interest will be Rs. 132.5 (III) If 50% of the principal is lent to Sumit at the rate of 5% for 2 years then, the earned Compound interest will be Rs. 1385.8. pipeline-1256862
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banking | simple_interest | intermediate | |
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The difference between simple interest on a certain sum is Rs. 132.5 at the rate of 8% per annum for 4 years and 8 years. Find the principal amount. pipeline-1252621
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banking | simple_interest | intermediate | |
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Ram, Laxman, and Bharat are three brothers who lent money to their friends in the ratio 7 : 4 : 5 for one, two, and three years respectively. The total lent money is Rs.40000. I. If Ram lent money at simple interest at the rate of 12.5% per annum then, the interest earned by him is Rs.2178.5. II. If Laxman lent money at compound interest at the rate of 5% per annum then, the interest earned by him is Rs.1025. III. If Bharat lent only 1/25 of his amount on simple interest at the rate of 12.5 then, the earned interest is Rs.62.5. pipeline-1254229
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banking | simple_interest | intermediate | |
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The price of the washing machine is Rs 14000. Ram purchase this washing machine by paying a down payment of Rs 2000 and the remaining balance paid in 3 equal installments. If the dealer charges compounded interest at the rate of 12\(\frac{1}{2}\)%. Then find the value of each installment. pipeline-1258405
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banking | — | intermediate | |
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A person borrows ₹8,000 for 3 years at 5% p.a. simple interest. He immediately lends it to another person at 7\(\frac 1 2\)% p.a. for 3 years. Find his gain (in ₹) in the transaction. pipeline-1244423
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banking | simple_interest | intermediate | |
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A sum of Rs. 40000 was invested for compound interest at 11% for two years. At the same time, 80% of the same principal amount was invested for simple interest at 16% interest rate for two years. Find the difference between compound interest and simple interest earned. pipeline-1244397
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banking | simple_interest | intermediate | |
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Rakesh invested ‘P’ in a scheme for 3 years in a scheme that offers different rates of compound interest for all three years. For the first year, second year and third year it offers 25%, 10% and 20% respectively rate of interest and at the end the amount of interest received is Rs.15600, then what is the value of ‘P’? pipeline-1244580
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banking | compound_interest | intermediate | |
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A sum of money is given at 12% compounded per annum, interest after 2nd year is Rs. 5088. If same amount is invested at simple interest at 8%, find the sum of interest after 2nd and 4th year. pipeline-1252424
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banking | simple_interest | intermediate | |
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Rohit purchased a phone worth Rs.13240 and paid in 3 equal monthly installments. If the rate of interest is 120% per annum compounded monthly, then what is the total amount of interest paid by Rohit to purchase that phone? pipeline-1244493
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banking | — | intermediate | |
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A simple interest of Rs. 250 is obtained on Rs.5000 after 2 years. The rate of interest during this period was ______. pipeline-1244602
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banking | simple_interest | intermediate | |
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Shyam invests Rs 50,000 on simple interest at the rate of 15% per annum for 6 years. Find the total amount that he will receive at the end of 6 years. pipeline-1244499
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banking | simple_interest | intermediate | |
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A sum of Rs 16000 is divided into two parts and they are invested in two different schemes at the rate of 10% and 15% respectively. Time is the same for both. If Rs 320 simple interest is earned from each, then find the time. pipeline-1244302
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banking | simple_interest | intermediate | |
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An unknown amount is to be divided in such a way that it gains the same interest after a certain period of time, the interest is on a half-yearly basis and the rate of interest is in the ratio 6 : 21. In what ratio the amount should be divided? pipeline-1252431
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banking | — | intermediate | |
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Shwetabh lent Rs 6,000 to two of his friends, to one at 4% p.a. and to other at 6% p.a. Shwetabh received Rs 1200 after 4 years. Find the amount which he lent at 6%. pipeline-1259834
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banking | — | intermediate | |
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Gaurav, a fruit vendor was in urgent need of some money. So he borrowed Rs 3600 from two money lenders at two different interest rates, 7% p.a. and 11% p.a. Gaurav paid an interest of Rs. 300 in one year. Find the amount he borrowed at two different rates. pipeline-1259738
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banking | — | intermediate | |
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Priyanka invested 2000 rupees each in both banks at respective simple interest in 2016. What would be the absolute difference of the amount she receives from both banks in 2024? pipeline-1054148
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banking | simple_interest | intermediate | |
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A person took a loan from a bank for 2 years at 40% annual compound interest. Had the bank charged a rate of interest semi-annually, then the person need to pay Rs. 2840 more. What is the amount of loan taken by a person from the bank? pipeline-1054182
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banking | compound_interest | intermediate | |
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If a customer invests a certain amount in simple interest in the year 2004 at HDFC bank, how much times the amount he will get in 2024? pipeline-1054151
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banking | simple_interest | intermediate | |
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Radhika invested Rs. 250000 in Sukanya Samridhi Scheme for her daughter Vidya's higher education. If the rate of interest is 30% compounded half yearly, find approx. how much interest she will earn in next 2 years. pipeline-1065837
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banking | — | intermediate | |
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Rakesh invests 2000 rupees in HDFC bank in 2012 at Simple interest and he invests 2000 rupees in SBI bank at Compound interest. From which bank he will be getting more amount in 2016 and by how much? pipeline-1054149
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banking | simple_interest | intermediate | |
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Ranjeet invested some money at simple interest of 23% for a certain duration. After the time duration, the final amount Ranjeet received was twice the amount he invested. For what duration of time did Ranjeet invest his money? pipeline-1065922
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banking | simple_interest | intermediate | |
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For SBI bank, In 2024, the interest rate decreased to what percent of its value in 2020? pipeline-1054150
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banking | percentage | intermediate | |
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John invested Rs. 'X' at simple interest for 2 years at the rate of 17.5% per annum and Rs. (X + 5000) at compound interest for the same period at the rate of 12% per annum. If he received Rs. 640 more on the simple interest scheme, find the amount invested by him at compound interest. pipeline-1065966
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banking | simple_interest | intermediate | |
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If Rahul gets Rs. 17520 from HDFC bank and Amit gets Rs. 20100 from SBI bank in 2012 for the money they initially invested on simple interest in the year 2004. Find the ratio of the initial investment of Rahul and Amit. pipeline-1054152
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banking | simple_interest | intermediate | |
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A retailer purchased gold from TANISQUE. This shop provides gold loans on compound interest. If the retailer purchases gold at the cost of 75000 at the rate of 8% for 2 years then finds the total amount which is paid by the retailer to the TANISQUE. pipeline-1066036
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banking | compound_interest | intermediate | |
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The sum of Rs 95400 invested in simple interest at the rate of 5% for 16 months. Now simple interest is invested in the compound interest for two years at the same rate. What is the final amount? pipeline-1054311
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banking | simple_interest | intermediate | |
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A man divides his amount of Rs.16200 into 3 parts in such a way that interest on first part at 2 percent in 3 years, on second part at 3 percent in 4 years and on third part at 4 percent in 5 years is equal. Find the difference between the maximum and minimum parts. pipeline-1054381
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banking | — | intermediate | |
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A sum of Rs 12000 is invested in a scheme offering a 20% rate of interest for 1.5 years compounded half-yearly. If the interest earned from it is invested in another scheme offering simple interest at the rate of 15 % for 2 years. Find the simple interest received. pipeline-1055831
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banking | simple_interest | intermediate | |
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A sum of Rs 16000 is divided into two parts and they are invested in two different schemes at the rate of 10% and 15% respectively. Time is the same for both. If Rs 320 simple interest is earned from each, then find the time. pipeline-1055833
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banking | simple_interest | intermediate | |
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A part of Rs. 49600 is given at SI at 5% and other at compound interest at 10%. The interest amount is the same after 2 years in both cases. What is the amount given at simple interest? pipeline-1047326
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banking | simple_interest | intermediate | |
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An amount of Rs. 5275 is invested for a time period at a rate of 4% which amounts to Rs. 6330. If a sum of Rs. 5670 is invested for the same time at an interest rate of 7.23% then find the simple interest at the end. pipeline-1044361
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banking | simple_interest | intermediate | |
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Find the difference between simple interest and compound interest on a sum of Rs 6144 at a 12.5% rate of interest for 3 years. pipeline-1042015
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banking | simple_interest | intermediate | |
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Hasan invested Rs. 10000 at the rate of 10% per annum compounded semi-annually for 18 months. If he would had invested same sum at the rate of 12% per annum compounded annually for same time period then find the difference of interest received by him. pipeline-1046021
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banking | — | intermediate | |
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The difference between Compound interest and Simple interest for 2 years is Rs 50 and the principal is Rs 5000. Find the CI for 3 years on the same principal. pipeline-1041790
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banking | simple_interest | intermediate | |
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The difference between compound interest and simple interest on a sum of Rs. 17000 for 3 years at 20% rate of interest is: pipeline-1044263
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banking | simple_interest | intermediate | |
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Rohan invested equal amount of money in both Compound and Simple interest at the rate of 11%. After 2 years, the difference in interest amount was Rs. 605. What will be the interest on money put on compound interest after 3 years? pipeline-1035704
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banking | simple_interest | intermediate | |
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A sum of money when invested for 8 years on simple interest doubles itself. 1/3rd of the amount collected after 8 years is invested again on simple interest at double rate for 3 years. If the amount collected after 3 years is Rs. 21000 then, find the sum invested initially. pipeline-1038619
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banking | simple_interest | intermediate | |
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Akila borrowed a certain sum of money at simple interest for 4 years at 10% per annum and she pays Rs. 20000 as interest. Find the compound interest for the same amount at 8% per annum for 2 years. pipeline-1030110
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banking | simple_interest | intermediate |