Simple Interest PDF Set 1
Simple Interest PDF Set 1
Simple Interest PDF Set 1
Simple Interest Questions for SBI PO Pre, IBPS PO Pre, SBI Clerk
Mains and IBPS Clerk Mains Exams.
Direction: Read the following questions carefully and choose the right answer.
1. From a bank, Ram and Shyam together took a certain amount under simple interest
and they lent the total amount to Mohan at 2% more simple interest. At the end of 4
years, the total money earned by Ram after paying the interest to the bank was Rs.
400 more than that of Shyam. From the bank, the total amount taken by Ram was
how much more than that of Shyam?
A. Rs. 10000 B. Rs. 20000 C. Rs. 5000 D. Rs. 25000 E. Can't be determined
2. Aman and Raghav are two friends. Aman started a business with an investment of Rs
7200, while Raghav puts 60% of his salary at 40% p.a simple interest for 6 months;
Raghav takes the amount received after 6 months and joins Aman in the business. If
Aman receives a profit of Rs. 2000 out of a total profit of Rs. 2900 at the end of 1 year,
what was the original salary of Raghav?
A. Rs. 18000 B. Rs. 9400 C. Rs. 9000 D. Rs. 15000 E. None of these
3. Deepika deposited Rs. 1000 in a fund in 2019 which provides simple interest. The
interest rate on the fund increases by 3% every year. If the interest rate at the time of
amount deposit was 10%, find the interest earned by her after 9 years.
A. Rs. 1880 B. Rs. 1890 C. Rs. 2980 D. Rs. 1790 E. Rs. 1980
4. Rayan invested a total of Rs.49000 in two different schemes A and B. The scheme A
which offers interest at a rate of 5% per annum and scheme B offers interest at a rate
of 12%. If the total interest earned by Rayan after 1 year is Rs.4900 then find the sum
invested in scheme B.
A. Rs. 34000 B. Rs. 19000 C. Rs. 35000 D. Rs. 14000 E. Rs. 30000
5. Dhanush invested Rs. 800 in a scheme which is offering 53/4% per annum simple
interest. After 2 years he withdrew the money from the scheme and invested the total
amount in another scheme which gives an interest rate of R% per annum simple
interest. After 3 more years, he received a total of Rs. 1214.40 then what is the
difference between the rates of interest?
A. B. C. D. E. None of these
6. Arjun distributed 65% of the money he had between A and B in the ratio 6 : 7
respectively. B and A deposited the amount received in a scheme offering 8% and 7%
simple interest respectively for five years. Find the amount left with Arjun if the
difference in the interests earned by A and B after five years is Rs. 1890.
A. Rs. 17800 B. Rs. 18300 C. Rs. 18900 D. Rs. 19500 E. None of these
7. After four years, the simple interest obtained on Rs. 8250 at the rate of (x + 4)% is Rs.
1320 more than the simple interest obtained at the rate of 8% per annum. Find the
value of ‘x’.
A. 12% B. 10% C. 8% D. 15% E. None of these
8. Ram borrowed Rs. x from Shyam at the rate of 13% simple interest and Rs. 2x from
Mohan at the rate of 26 % simple interest he then added Rs. 82500 with the total
amount he borrowed from Shyam and Mohan together and lend it to Sohan at the
rate of 10% simple interest. The total profit, he received at the end of one year in this
process was Rs. 1725. Find the value of x?
A. 18642.85 B. 19642.85 C. 16625.52 D. 17462.85 E. None of these
9. Akash borrowed Rs 12000 from a bank at the rate of 18% per annum for 8 years. After
certain period of time government introduced a scheme which reduced the interest
rate by 15%. At the end of 8 years Akash paid Rs 18000 in total then after how much
time (in years) government introduced the scheme? (Simple interest is to be
considered while solving the problem)
A. 6 B. 1 C. 1 D. 15 E. 7
10. A sum of Rs. 12,000 invested at 8% simple interest becomes Rs. 15840 in x years and
another sum of Rs. 15,000 invested at 12% simple interest becomes Rs. 18,600 in y
years. Find the value of x + y.
A. 6 B. 7 C. 5 D. 8 E. 10
11. The salary of a man is Rs. 60000, from which he deposits x% amount at 13% simple
interest. If the accumulated amount for the sum deposited after 3 years was Rs.
29190, then find the value of ‘x’.
A. 40 B. 35 C. 45 D. 50 E. None of these
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12. Arnab deposited Rs. 14500 in SBI mutual fund which offers simple interest at the rate of
9%. The simple interest obtained from SBI is deposited in Birla Sun Life mutual fund at the
rate of 12% simple interest. If the time period for depositing in SBI and Birla were 2 years
and 5 years respectively, then find the total simple interest earned by Arnab.
A. Rs. 5248 B. Rs. 3856 C. Rs. 4176 D. Rs. 4462 E. None of these
13. The rate of interest for the first 2 years is 3% per annum, for the next 3 years is 8% per
annum, and for the period beyond 5 years is 10% per annum. If the man withdraws total
amount of Rs. 5320 after 6 years, find the sum he deposited?
A. Rs. 3800 B. Rs. 4320 C. Rs. 2380 D. Rs. 3380 E. None of these
14. Andy lends a sum of money at R% simple interest for R years such that sum received
by him is 9/16 times more of what he lends. Find the value of R.
A. 5.5 B. 6.5 C. 7 D. 7.5 E. None of these
15. Sanjay borrowed certain amount of money at simple interest at the rate of 5% p.a. for the
first three years, 10% p.a. for the next five years and 12% p.a. for the period beyond 8
years. If the total interest paid by him at the end of 12 years is Rs. 6780, how much
money did he borrow?
A. Rs. 6000 B. Rs. 5000 C. Rs. 4500 D. Rs. 5500 E. Rs. 3840
16. A certain sum 10M Invested at simple Interest becomes 130M in 30 years. If the same
amount invested with same rate of Interest but at Compound Interest, it will become ___
after two years?
A. 14.4 M B. 19.6 M C. 23.2 M D. 16.9 M E. None of these
17. When a person invests some money under simple interest then at the end of some
years the amount become 9 times of the principal amd the numerical value of the rate
of interest per annum is double of the time. At the end of 15 years, the amount will
become how many times of the principal at the same rate of interest?
A. 6 times B. 8 times C. 9 times D. 7 times E. None of these
18. A person invests Rs. x under simple interest in bank 1 for 4 years at the rate of 10% per
annum. He invests Rs. x + 500 under simple interest in bank 2 for 5 years at the rate of
7.5% per annum. If the simple interest received from the bank 1 is Rs. 75 less than that of
the bank 2, what is the sum of the simple interest received from both the banks
together?
A. Rs. 4500 B. Rs. 4250 C. Rs. 3675 D. Rs. 3775 E. None of these
19. A person invested Rs. x under simple interest for 10 years at 10% per annum. If he had
invested Rs. 2x under simple interest for 15 years at the rate of interest 20% per annum
then he would have received Rs. 2500 more simple interest. Find the value of X?
A. Rs. 2500 B. Rs. 500 C. Rs. 3250 D. Rs. 3750 E. None of these
20. Amount of Rs. 2 lacs was invested at a simple Interest of 5%. After five years, the
interest earned in first five years is added to the principal, and from sixth year, simple
Interest is calculated on new Principal amount. After how many years it will become
3,50,000 ? (Interest rate remains same for all years)
A. 5 years B. 7 years C. 8 years D. 10 years E. 12 years
21. Rahim sells a car at Rs. 100,000 to his friend Raman. Raman invests Rs. 20,000 on its
servicing. Meanwhile, Rahim invests the money obtained from selling the car in a bank
at 5% simple interest for 5 years. After 5 years, Rahim withdraws all his money along
with the interest from the bank and asks Raman to sell back the car to him. Raman
agrees to sell but with some additional price. If Rahim had to give all the money he got
from the bank, what percent extra money Raman charged him with respect to
Raman’s investment in servicing?
A. 35% B. 25% C. 15% D. 5% E. None of these
22. A man spends 20% of his monthly income on rent. Out of the remaining monthly
income, he spends 25% on food, Rs. ‘a’ on transportation and the remaining money is
deposited in the savings account which is 48% of the total monthly salary. If the
amount is deposited for 5 years in the savings account he gets a simple interest of Rs.
8294.4 at the rate of 7.2% per annum, then find the value of ‘a’.
A. Rs. 6240 B. Rs. 7280 C. Rs. 5760 D. Rs. 6860 E. None of these
23. A person lent some amount to his friend at 20% simple interest. After two years, Rs.
5000 was paid and the rest amount was repaid at 25% per annum. If 3rd year's
interest is 6/11 of first two years’ interest. Find the amount of money that was lent
out initially? (Given that returned amount is reduced from the Principal)
A. Rs. 38000.36 B. Rs. 38285.63 C. Rs. 39000.17 D. Rs. 39285.71 E. None of these
24. Income of Ram is Rs. X per month. He invests 50% of the yearly income in a bank at
the beginning of successive 4 years and the bank pays simple interest of 20% per
annum, then the amount at his credit at the end of 4th year will be:
A. Rs. 30X B. Rs. 33X C. Rs. 36X D. Rs. 44X E. None of these
25. A sum of money becomes 5 times of itself in 20 years. If the rate of interest is doubled
and time is tripled then the simple interest received on the same sum of money will be
how many times of the sum of money?
A. 12 times B. 6 times C. 24 times D. 18 times E. 15 times
26. A sum of money becomes 2 times of itself in 10 years at simple interest. A person
invests Rs. 5000 at the same rate of interest per annum under simple interest and the
same amount at the same rate of interest per annum under compound interest
compounded annually. Find the sum of the simple interest and compound interest
received on the sum only in the second year?
A. Rs. 1050 B. Rs. 1000 C. Rs. 1025 D. Rs. 1075 E. None of these
27. The simple interest received on a sum of money at 10% per annum in some years is
half of the sum. If the rate of simple interest is 3% more then the simple interest
received on the same sum for the same period is Rs. 450 more. Find the sum of
money?
A. Rs. 2400 B. Rs. 2500 C. Rs. 2750 D. Rs. 3000 E. None of these
28. Ajay invests some amount of money at a certain rate of simple interest per annum and
gets Rs. 3120 as interest after 1 year. If the rate would have been 4% more per annum he
would have earned Rs. 3120 more in 18months. What was the amount invested by Ajay?
A. Rs. 26000 B. Rs. 24000 C. Rs. 30000 D. Rs. 32000 E. None of these
29. Ashok has Rs 1,60,000 with him. He lends some money at 7% p.a. and rest of the
money at 12% p.a. simple interest. He receives a total of Rs 14400 at the end of 1 year.
What is the amount lent at 12% per annum?
A. Rs. 56000 B. Rs. 64000 C. Rs. 72000 D. Rs. 96000 E. None of these
30. Simple interest on a sum of Rs.50000 at the rate of 15% per annum after two years
will be what percent of compound interest on that sum at the same rate of interest for
the same time period.
A. 87.4% B. 89.6% C. 91.4% D. 93.02% E. None of these
31. Rajat lends Rs. 20,000 to two of his friends. He gives Rs.10,000 to the first at 15% p.a.
simple interest. Rajat wants to make a profit of 20% on the whole. The simple interest
rate at which he should lend the remaining sum of money to the second friend is
A. 12% B. 16% C. 20% D. 25% E. None of these
32. Ankit invests Rs.15000 as fixed deposit in a bank at the rate of 12% per annum simple
interest. But due to some pressing needs, he has to withdraw the entire money after 5
years for which the bank allowed him a lower rate of interest. If he gets Rs. 6420 less
than, what he would have got at the end of 8 years, then rate of interest allowed by
the bank is:
A. 4.68% B. 10.64% C. 8.64% D. 6.84% E. None of these
33. A sum invested at 10% simple interest per annum grows to Rs. 900 in 5 years. The
same amount at 15% simple interest per annum in 2.5 years will grow to?
A. 830 B. 835 C. 825 D. 820 E. None of these
34. A manager of a company invested a total amount of Rs. 35900 in two different policies
for his 2 employees having experience of 5 years and 7 years respectively. He invested
the amount in such a way that each employee will get the equal amount when each of
them will have 12 years of experience. If the policies offer 12% rate of simple interest
to less experienced employee and 15% rate of simple interest to the employee having
more experience. How much did the employee with less experience get when he will
have 12 years of experience?
A. Rs. 32200 B. Rs. 21200 C. Rs. 14200 D. Rs. 17950 E. None of these
35. The rate of interest on a sum of money is 4% per annum for the first 2 years, 6% per
annum for the next 4 years and 8% per annum for the period beyond 6 years. If the
simple interest accrued on the sum for a total period of 9 years is Rs. 1680, what is the
sum?
A. Rs. 3000 B. Rs. 5000 C. Rs. 4700 D. Rs. 5500 E. None of these
36. Simple interest on a certain amount is 16/25 of the principal, provided that rate of
interest and time period in years are same. What will be the simple interest after
twelve years if the principal is Rs. 25000 and the rate is same?
A. Rs. 12000 B. Rs. 24000 C. Rs. 22000 D. Rs. 26000 E. None of these
37. The interest earned when Rs. P is invested for Six years in a scheme offering 13% pa
simple interest is more than the interest earned when the same sum (Rs.P) is invested
for Three years in another scheme offering 10% pa simple interest, by Rs. 3168. What
is the value of P?
A. 5500 B. 6600 C. 4400 D. 3300 E. none of these
38. Shivay buys a web cam for his personal computer costs Rs. 16000. He pays 175/4% at
once and the rest amount 15 months later, on which he is charged simple interest at
the rate of 16% per annum. If Shivay pays whole money at once, then by what
approximate per cent he would have to pay less amount from the amount he is paying
with the interest?
A. Rs.56000 B. Rs. 64000 C. Rs. 72000 D. Rs. 96000 E. None of these
39. Ashok has Rs 1, 60,000 with him. He lends some money at 7% p.a. and rest of the
money at 12% p.a. simple interest. He receives a total of Rs 14400 at the end of 1
year. What is the amount lent at 12% per annum?
A. 600 m B. 720 m C. 680 m D. 650 m E. None of these
40. Ajay invests some amount of money at a certain rate of simple interest per annum
and gets Rs. 3120 as interest after 1 year. If the rate would have been 4% more per
annum he would have earned Rs. 3120 more in 18months. What was the amount
invested by Ajay?
A. Rs. 26000 B. Rs. 24000 C. Rs. 30000 D. Rs. 32000 E. None of these
41. Find the simple interest on Rs. 45,000 for the period from 4th June 2018 to 31st
December 2018 at 13% per annum?
A. Rs. 3266.75 B. Rs. 3165.75 C. Rs. 3375.75 D. Rs. 3385.75 E. Rs. 3365.75
42. A sum of money becomes 7/5 times of itself in 2 years under simple interest. If the
same sum of money was invested under compound interest at the same rate of
interest and for two years then amount would have been how many times of the
sum?
A. 1.32 times B. 1.44 times C. 1.5 times D. 1.47 times E. None of these
43. Ram takes Rs. 5000 from Mohan for 3 years under simple interest at the rate of 10%
per annum calculated half-yearly. What amount will be paid by Ram to Mohan after
the end of 3 years?
A. Rs. 9000 B. Rs. 3000 C. Rs. 6500 D. Rs. 7500 E. None of these
44. A borrowed a sum of money from B for some time at simple interest. The rate of
interest is equal to the number of years. If the simple interest on the sum is 1/4 of the
sum, then find the rate of interest?
A. 4% B. 5% C. 6% D. 7% E. None of these
45. Manish lends x% of his monthly salary which is Rs. 60000 at 20% simple interest to his
colleague Harish. If the amount accumulated after 4 years was Rs. 32400, then find the
value of x.
A. 20 B. 30 C. 15 D. 25 E. 35
46. Tony borrowed a sum of Rs. 15,000 at 12% per annum from a money-lender on 21st
January, 2018 and return the amount on 28th August, 2018 to clear his debt. Then find
the amount paid by Tony to the money-lender to clear his debt.
A. Rs. 16080 B. Rs. 9000 C. Rs. 12000 D. Rs. 10000 E. None of these
47. Find the interest earned after three years, if a person invests Rs. 293 at simple interest
at the rate of 21% per annum.
A. Rs.148.60 B. Rs.184.59 C. Rs.242.37 D. Rs.221.93 E. None of these
48. A sum of money becomes five times of itself in 5 years at a certain rate of interest.
Find the rate of interest?
A. 60% B. 70% C. 90% D. 80% E. None of these
49. A sum of money under compound interest compounded annually become Rs. 360 at
the end of second year and Rs. 432 at the end of third year. At the same rate of
interest on the same sum of money, what would be the difference between the simple
interest earned at the end of 5 years and thae simple interest earned at the end of 9
years?
A. Rs. 240 B. Rs. 200 C. Rs. 150 D. Rs. 300 E. None of these
50. The simple interest received on a sum of money at the end of 10 years is two times of
the principal. At the same rate of interest, what would be the ratio of principal and
compound interest received at the end of two years?
A. 20 : 11 B. 20 : 9 C. 25 : 11 D. 25 : 9 E. None of these
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1. एक क , औ क तहत एक त औ ह क
ह क 2% क प 4 क त , क क त
क क त क 400 क ह क , ई क
क त कत क ?
2. औ त ह 7200 प क क एक क ,
क 6 ह क ए प त क 60% 40% त क प त ;
6 ह क त ह औ क ह त ह
क 1 क त क 2900 2000 क त हत ह क त
?
3. 2019 पक एक 1000 कए क त ह ह
प 3% त ह क 10% , त 9 क
त त क
A. Rs. 1880 B. Rs. 1890 C. Rs. 2980 D. Rs. 1790 E. Rs. 1980
4. - A औ B क 49000 क क A
5% त क त ह औ B 12% क त ह
1 क त क 4,900 ह त B त त क
A. Rs. 34000 B. Rs. 19000 C. Rs. 35000 D. Rs. 14000 E. Rs. 30000
5. 800 प क क 53/4% त क ह ह 2 क
ह प औ क क एक क , R% त
क त ह क3 क , ह क 1214.40 प त कए,
त ह?
A. B. C. D. E. कई ह
6. कप क हऔ ह क 65% A औ B क 6: 7 क पत त ह Bऔ
A त क प क ए 8% औ 7% क क
कए कप हई क पत ए प Aऔ B त त 1890
ह
7. क , 8250 प प (x + 4)% क 8% त क
1320 प क ह 'x' क तक
8. 13% क प x प औ ह 26% क प 2x प
ए, औ ह क क 82500 प औ 10% क
प ह क ए एक क त हक 1725 प ह xक
तक ?
9. क 8 क ए 18% त क एक क 12000 प ए क क क
क एक क 15% क क ई 8 क त क क क
18000 प क त क औ कत ( ) क क प क ?(
क ह क त प क ह)
A. 6 B. 1 C. 1 D. 15 E. 7
A. 6 B. 7 C. 5 D. 8 E. 10
A. 40 B. 35 C. 45 D. 50 E. कई ह
12. ए ई 14500 प कए 9% क त
ह ए ई त क ह 12% क प
क त ह ए ई औ क क 2
औ 5 , त त क क पत ए
13. पह 2 क ए क 3% त ह, 3 क ए 8% त ह, औ 5
क क क ए 10% त ह 6 क 5320 प क
क क त ह, त क क ई क पत ए?
14. ए R क ए R% प एक क त ह क क त
क ई 9/16 क ह R क त क ए
15. पह त क ए 5% त , प क ए 10% त औ 8
क क ए 12% त क प क 12
क त क क 6780 ह, त कत ?
A. Rs. 6000 B. Rs. 5000 C. Rs. 4500 D. Rs. 5500 E. Rs. 3840
17. कई त क प क त ह त क क त
क 9 ह त ह, क क क ह 15 क
त , प कत ह ए ?
A. 6 B. 8 C. 9 D. 7 E. कई ह
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18. एक त 10% क 4 क ए क 1 प x प क त ह
7.5% क 5 क ए क 2 प x + 500 क क
1 त क 2 क त 75 क ह, क त क
ह?
19. एक त x 10 क ए 10% प क त ह
2x 20 क ए 20% प क त ह त 2500 क
त हत ह x क त क ?
20. 5% क प 2 प क क क प क पह प
त क त हऔ क ई प क त
ह कत क ह 3,50,000 ह ए ?( क ए ह)
A. 5 B. 7 C. 8 D. 10 E. 12
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23. एक त प त क 20% क क क , क
5000 ए ए औ क 25% त क क ई त क
पह क क 6/11 ह क पत ए ई ? (
ई क ह ई ह)
24. क त X . त ह ह| ह 4 त क ह प क क 50%
एक क क त ह औ क 20% क क त ह, त क प
क त ह ?
25. एक 20 क 5 त ह क ह त हऔ त ह
त हत प तह कत ह ?
A. 12 B. 6 C. 24 D. 18 E. 15
26. प एक 10 क ह त ह एक त क
प 5000 प क क त हऔ क प क क त
ह क प त औ क तक ?
27. क 10% त क क ह क 3%
कहत क ए प त 450 प कह तक ?
28. त क एक त प क क क त ह औ 1 क
क प 3120 त ह त 4% क हत त 18 ह
3120 क त क ई ?
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29. क क प 1,60,000 ह ह क प 7% त औ क प 12% त क
प त ह ह 1 क त क 14400 प त ह 12% त क
ई ह?
34. एक कप क एक क 5 औ 7 क 2क क ए -
प क 35900 प क क ह त ह क क क कक क
ककप 12 क ह प क क
क 12% क औ क क क 15% क क त ह
क क क कत कप 12 क ह ?
36. एक त प क 16/25 ह, त क औ
ह 25000 हऔ ह त 12 ह ?
37. क P क 13% त क ह क ए क प त क
(P ) क 10% त क त क ए क प त
3168 प कह Pक ह?
38. प क क ए एक क त ह क त 16000 प ह ह एक
175/4% क त क त हऔ क क क त 15 ह क त ह प 16% त
क त ह एक प प क त क त ह, त ह क
कत त त तक क क त क ?
40. त क एक त प क क क त ह औ 1 क
क प 3120 त ह त 4% क हत त 18 ह
3120 क त क ई ?
A. Rs. 3266.75 B. Rs. 3165.75 C. Rs. 3375.75 D. Rs. 3385.75 E. Rs. 3365.75
42. ह 2 प क 7/5 ह त ह क प
प औ क ए क त त कत ह ?
44. A क क एB प एक क क क ह
प क 1/4 ह, त क तक ?
A. 4% B. 5% C. 6% D. 7% E. कई ह
A. 20 B. 30 C. 15 D. 25 E. 35
47. त क त त क , कई त 21% त क
प 293 प क क त ह
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48. एक त क प 5 प ह त ह त क ?
50. 10 क त प पत क ह क प ,
क त त औ त क पत ह ?
A. 20 : 11 B. 20 : 9 C. 25 : 11 D. 25 : 9 E. कई ह
CORRECT ANSWERS:
1 C 11 B 21 B 31 D 41 E
2 C 12 C 22 C 32 B 42 B
3 E 13 A 23 D 33 C 43 C
4 C 14 D 24 C 34 A 44 B
5 C 15 A 25 C 35 A 45 B
6 C 16 B 26 A 36 B 46 A
7 C 17 D 27 D 37 B 47 B
8 A 18 C 28 A 38 D 48 D
9 B 19 B 29 B 39 B 49 B
10 A 20 C 30 D 40 A 50 C
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Explanations:
For Ram,
r+2
The total interest received on Rs. a = a × 4 ×
100
4
The total interest paid by Ram to the bank = a × r ×
100
The total interest earned by Ram after paying the interest to the bank
r+2 4 8a
=a×4× –a×r× = ------ (i)
100 100 100
For Shyam,
r+ 2
The total interest received on Rs. b = b × 4 ×
100
4
The total interest paid by Shyam to the bank = b × r ×
100
The total interest earned by Ram after paying the interest to the bank
r+2 4 8b
=b×4× –b×r× = ------ (ii)
100 100 100
8a 8b
– = 400
100 100
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2. Ratio of profit = 2000 : 900 = 20 : 9
K = Rs 6480
60 40
×R× × 1 = 6480 – 0.6R
100 200
R = Rs. 9000
n
{2a + (n – 1) d}
2
9
→ 10 × [ {2 × 10 + (9 – 1) × 3} ]
2
→ 45 × 44 = 1980
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4. Let the total investment in scheme B be Rs.x, then
5 12
(49000 – X) × +X× = 4900
100 100
5
X = × 49000 = Rs. 35000
7
This amount is being invested in the second scheme for 3 years and the amount received back is Rs.
1214.40
(1012 × R × 3)
∴ 1214.40 = 1012 +
100
⇒ 30.36R = 202.4
20
⇒R= %
3
53 20 79
∴ The reqd. difference = – =
4 3 12
7
Amount received by B = 0.65x × = Rs.0.35 x
13
330 (x + 4) = 3960
x + 4 = 12 ; x = 8
According to question,
He then added Rsd. 82500 with the total amount he borrowed from Shyam and Mohan together and
lend to Sohan at the rate of 10% simple interest
The total interest he will receive in this process = Rs. (30a + 8250)
According to question,
So,
[18 × x + 3 × (8 – x)]
6000 = 12000
100
(18x + 24 – 3x)
6000 = 12000
100
1800x = 3120
11
x=1 years.
15
Interest = A – P = 3840
P×R×N
Now, I =
100
12000 × 8 × x
3840 =
100
x=4
2nd Case :
15000 × 12 × y
3600 =
100
y=2
x+y=4+2=6
Hence, option A is correct.
11. According to the question,
(x% of 60000) × 13 × 3
(x% of 60000) + = 29190
100
834x = 29190 ; x = 35
S.I. = S.I for 1 & 2 year + S.I. for 3,4&5 year +S.I. for 6th year
P × R1 × T1 P × R2 × T2 P × R3 × T3
S.I. = + +
100 100 100
2 × 3 + 3 × 8 + 1 × 10
⇒P+ P ( 100
) = 5320
⇒ P = Rs. 3800
Alternate:
S.I. for six years = 40%
140% of P =5320
P = 3800
9
S.I = ( 16 ) x
Let rate be R% and time = R years
PRT
S.I = (100 )
(x × R × R) 9 900 30
100
= (16)x ⇒ R2 = 16
⇒R=
4
R = 7.5
3 × 5% = 15%
5 × 10% = 50%
Time = 12 years,
4 × 12% = 48%
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16. As Amount becomes 130M, so Interest is 130M - 10M = 120M
PRN
I=
100
(10M × R × 30)
120M =
100
R = 40 %
Time Period
Rate of Interest
Amount = Principal × 1 +( 100
)
= 10M × (1 + 0.4)2
= 10M × 1.96
= 19.6M
17. Let the principal = P and time = x years then the rate of interest = 2x% per annum
SI = 9P – P = 8P
P×R×T
We know that, SI =
100
P × 2x × x
8P =
100
x2 = 4 × 100
x = 2 × 10 = 20
Amount = P + SI = P + 6P = 7P
In bank1
x × 10 × 4 2x
SI = = = 0.4x ......(i)
100 5
In bank2
(x + 500) × 7.5 × 5
SI = = (x + 500) × 0.375 = 0.375x + 187.5 ....(ii)
100
19.
P×R×T
SI =
100
2x × 15 × 20 x × 10 × 10
– = 6x – x = 5x = 2500
100 100
x = Rs. 500
5 × 5 × 100000
Thus, after 5 years = Rs. 25,000
100
After 5 years to buy the car back, Rahim pays all his money. The cost of the car had become 1,00,000 +
20,000 = 1,20,000.
5000
This 5000 is -- × 100 = 25%
20000
a = 0.12x
a = 12% of x
0.48x × 7.2 × 5
Now, 8294.4 = = 829440 = 17.28x
100
x = Rs. 48000
For 2 years,
P × r × t P × 20 × 2
S.I. = =
100 100
2
⇒ P
5
2
Amount after 2nd year = P + P
5
P×r×t
S.I for 3rd year =
100
r = 25%
t = 1 year
[(P – 5000) × 25 × 1]
S.I. =
100
(P – 5000) 6 2P
⇒ = ×
4 11 5
⇒ 7P = 275000
275000
⇒P=
7
⇒ Rs. 39285.71
12x
Now he invests 50% of the yearly income = 50% of 12x = 50 ×
100
= 6x for 4 years at the rate of 20% per annum
The total amount he will have in account at the end of the fourth year
6x × 4 × 20 6x × 3 × 20 6x × 2 × 20 6x × 1 × 20
[
= 6x +
100 ] [
+ 6x +
100 ] [
+ 6x +
100 ] [
+ 6x +
100 ]
24x 18x 12x 6x
= 24x + + + +
5 5 5 5
60x
= 24x + = 24x + 12x = 36x
5
SI = 5x – x = 4x
SI × 100 4x × 100
R= = = 20% per annum
P×T x × 20
So, Simple interest for 60 years at 40% per annum for Rs. x = ( x × 40 × 60) / 100 = 24x
SI × 100 X × 100
R= = = 10%
T×P X × 10
When person invests 5000 @ 10% per annum SI then the simple interest of 1st year
P × R × T 5000 × 10 × 1
= = = Rs. 500 = SI of 2nd year
100 100
When he invests 5000 @ 10% per annum CI then the amount at the end of 1st year
r n 10 1
=p 1+ (
100 )
= 5000 1 +
100( )
= Rs. 5500
27. The simple interest received on a sum of money at 10% per annum in some years is half of the sum
P×R×T
SI =
100
x x × t × 10
=
2 100
by solving, t = 5 years
x x × 5 × 13
When R = 10 + 3 = 13% then SI = + 450 =
2 100
By solving, x = 3000
Hence, option D is correct.
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28. Let the amount be A and rate of interest be = 2 k % p.a
2k
A× × 1 = 3120 ---eq (i)
100
3
Interest = P × R × T = A × (2k + 4) × = A × (k + 2) × 3 = 6240 ---eq (ii)
2
3 100 6240
A × (k + 2) × × ×1=
A 2k 3120
3120 × 100
So, Amount = = Rs.26000
12
29. Let the amount lent at 7% be X and hat lent at 12% be (1, 60,000 – X)
But the interest at the end of one year = Rs 14400, which is 9% of 1, 60,000
X 1,60,000 – X
(7%) 11200 (12%) 19200
\ /
(9%) 14400
/ \
3 2
3
X = × 1, 60,000 = 96000
5
115 115
⇒ CI = 50000 × × – 50000
100 100
⇒ CI = 66125 – 50000
⇒ CI = Rs.16125
P×r×t
SI =
100
50000 × 15 × 2
⇒ SI = = Rs. 15000
100
15000
Reqd. % = × 100 = 93.02%
16125
31. Let Rajat lend the sum at x% rate to the second friend.
34. Let the amount invested for less experienced employees is Rs.’x’.
According to question-
x × 7 × 12 (35900 – x) × 5 × 15
⇒x+ = (35900 – x) +
100 100
⇒ x = 17500
Amount that less experienced employee get when he will have 12 years of experience
x × 7 × 12
=x+
100
17500 × 7 × 12
⇒ 17500 + = Rs. 32200
100
35.
P × 4 × 2 8P
SI at the rate of 4% for 2 years = =
100 100
P × 6 × 4 24P
SI at the rate of 6% for 4 years = =
100 100
P × 8 × 3 24P
SI for the next 3 years = =
100 100
8P 24P 24P
Total SI = + +
100 100 100
1680 × 100
⇒P= = Rs. 3000
56
(P × r × r) 16
= × P [r = t]
100 25
r2 16
⇒ =
100 25
⇒ r2 = 64
⇒ r = 8%
⇒ t = 8 years.
Now
12
Reqd. S.I. = 25000 × 8 × = Rs.24000
100
3168 × 100
⇒ P= = 6600/-
48
1800
Required % = × 100 = 10.11%
17800
Hence, option (D) is correct.
39. Let the amount lent at 7% be X and hat lent at 12% be (1, 60,000 – X)
But the interest at the end of one year = Rs 14400, which is 9% of 1, 60,000
X 1,60,000 – X
(7%) 11200 (12%) 19200
\ /
(9%) 14400
/ \
3 2
X
=3:2
1,60, 000 – X
3
X = × 1, 60,000 = 96000
5
3
Interest = P × R × T = A × (2k + 4) × = A × (k + 2) × 3 = 6240 ---eq (ii)
2
3120 × 100
So, Amount = = Rs.26000
12
42. A sum of money becomes 7/5 times of itself, it means the ratio of principal and amount = 5 : 7
Let principle = 5x then amount = 7x
Interest = 7x – 5x = 2x
P×R×T
We know that, SI =
100
5x × R × 2
2x =
100
By solving R = 20%
Let the principal = P then amount at the end of 2 years under CI @ 20% per annum
20 2 36
(
=P 1+
100 ) =p×
25
= 1.44 times of principal
⇒ r2 = 25
⇒ r = 5%
Hence, option B is correct.
45. Given that,
(x% of 60000) × 20 × 4
(x% of 60000) + = 32400
100
(600x) × 80
→ 600x + = 32400
100
80
→ 600x 1 + ( 100 )
= 32400
→ x = 30
46. Total number of days before he returned the money = (10 + 28 + 31 + 30 + 31 + 30 + 31 + 28)
[15000 × 12 × (219/365)]
S.I = = Rs. 1080
100
A = P + SI
⇒ A = Rs. 16080
P × R × T 293 × 21 × 3
= =
100 100
= Rs.184.59
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48. Let the sum of money = x then the amount at the end of 5 years = 5x
SI = 5x – x = 4x
P×R×T
We know that, SI =
100
x×R×5
4x =
100
R = 80%
49. Let principle= Rs. p then the ratio of compound interest at the end of 2 nd year and at the end of 3rd year
2
r
(
p 1+
100 ) 360
3 =
r 432
(
p 1+
100 )
1 5
=
r 6
1+
100
By solving, r = 20%
2
r
(
p 1+
100 ) = 360
2
20
(
p 1+
100 ) = 360
The simple interest at the end of 9 years – the simple interest at the end of 5 years
20 20
= 250 × 9 × – 250 × 5 × = Rs. 200
100 100
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50. Let the principal = Rs. 100x
P×R×T
SI =
100
100x × R × 10
200x =
100
R = 20%
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