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Simple & Compound Interest || 24.03.2023

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Question 1

A certain sum amounts to Rs.73,205 in 4 years at 10% p.a., interest being compounded yearly. What will be the simple interest on that sum for the same period and at the same rate?

Question 2

A sum of Rs. 5,760 amounts to Rs. 7,200 in 4 years and Rs x in 12 years at a certain rate per cent per annum, when the interest is compounded yearly in both the cases. What is the value of x?

Question 3

The difference between the compound interest and simple interest on a sum of money at rate of 10% per anum for 2 years is Rs 50. The Principal amount is :

Question 4

A sum of money amounts to ₹ 850 in 3years and to ₹ 925 in 4 years at some rate of simple interest. The sum is:

Question 5

The difference between the compound interest and the simple interest on a sum of Rs. 8,000 for 2 years at a rate of 5% p.a. is:

Question 6

The compound interest on a principal of ₹5120 at the rate of 12.5% (compounded annually) for 3 years is:

Question 7

A sum of Rs.10500 becomes Rs.17745 in 2 years at the rate of compound interest. If the interest is compounded annually, then what will be the rate of interest?

Question 8

A man invested a sum of money at compound interest. It amounted to ₹12100 in two years and to ₹13310 in three years. Find Rate of interest-

Question 9

If a certain sum of money doubles itself in 7 years 8 months at simple interest, then what will be the yearly rate of interest (in %)?

Question 10

At the rate of 8% the amount invested earns a simple interest of ₹240 after 3 years. If the rate of interest been 5% more, then how much more interest would it have earned?
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Mar 6SSC & Railway