Mathematics quiz on Simple Interest and Compound Interest (07-10-2020)

Amount of Rs. 9270 to be paid after 3 year will be paid in 3 equal annual installments. If rate of S.I. is 3% per annum, then find the value of each installment?

Vishal takes a sum at 5 per annum simple interest from Vishwas. He returns the amount after 5 years. Vishwas returns 2% of the total amount received. How much Vishal did take if he received Rs. 5?

Find the amount of equal quarterly installments for payment of loan which can pay a loan of 3648 taken at simple interest rate of 16% per annum for 2 years?

Dhoni invests two equal Amount in two banks giving 15% and 20% rate of interest respectively. At the end of the year the interest earned is Rs. 2800/- find the sum invested in each bank.

Sumit borrowed Rs. 60,000 at simple interest, but at different rates for different period of time. The rate of interest for the first three years was 6% p.a.; for the next two year it was 7% p.a. and for the next four year it was 8% p.a. and for the 10 year it was 9% p.a. he made a partial repayment of Rs. 35,000 at the end of four years. How much amount should he pay at the end of 10^th years?

Vishal borrows Rs 5,000 from rahul at 6% p.a. simple interest and lends into ankit at compound interest of 10% p.a. If Vishal collects the money back after 2 years and repays rahul, the profit made by Vishal in the transaction is

Alok deposited a sum of Rs 7,000 in a LIC at 5% per annum simple interest. Aman deposited Rs. 5,000 at 8% per annum compound interest. After two years, the difference of their interest will be

Harry and Genny invested a total of Rs. 30,000 in compound interest for 2 years. Harry invested at 15% per annum while genny at 10% per annum. The total interest generated by Rs. 8662.5. What was the share of genny in the investment (in rupee)?

Difference between compound interest and simple interest received in two years on certain amount is 84 rupees, if the rate of interest is 4%, and then calculates the amount invested (in rupee).

Summit borrowed Rs.10,000 at compound interest at the rate of 24% per annum for 1 year. What will be the approximate amount to be paid after 1 year? (It is given that interest is compound quarterly).