Home > Arithmetic Aptitude > Simple Interest > Questions and Answers
01. | Find the interest under simple interest for a principal of Rs. 840 at an interest rate of 4.5% per annum for a period of 3 years. | |||||||||||
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02. | If the difference between simple interest and compound interest on a certain sum for 2 years at 10% is Rs. 50, then find the sum | |||||||||||
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03. | Find the principal that would amount to Rs. 1200 at 8% per annum simple interest after 9 months | |||||||||||
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04. | Find the interest under simple interest for principal of Rs. 300 at an interest of 3.75% per annum from March 5 to July 29. | |||||||||||
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05. | A buys a house for Rs 23000. There is a ground rent of Rs 500 a year, and annual repairs come on an average to 1 ½ % on ht purchase price of the house. At what monthly rent must he let the house so as to get a return of 8% per annum on the purchase price? | |||||||||||
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06. | A, B and C borrow Rs 29200 in all at 4% SI and pay back equal in full settlement of their respective debts after 5,10 and 15 years respectively. Find the sum borrowed by each. | |||||||||||
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07. | A certain sum of money double itself in 8 years at a simple interest in a firm but trebles itself in 17 years in another firm at simple interest. Which of the two firms pays better interest? And what are the rates? | |||||||||||
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08. | Mahajan lend out Rs 9 on the condition that the loan is payable in 10 months by 10 equal installments of Re 1 each. Find the rate of interest per annum. | |||||||||||
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09. | Divide Rs 6000 into two parts so that SI on the first part for 2 years at 6% p.a. may be equal to the simple interest on the second part for 3 years at 8% p.a. | |||||||||||
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10. | A sum of money doubles itself in 10 years; in how many years will it treble itself at the same rate? | |||||||||||
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