Simple Interest Questions
Simple interest is calculated on the original principal for the entire investment period. Practise questions involving principal, rate, time, interest, and the amount accumulated over a specified period.
9 questions
- The ratio of the principal and the amount after 5 years is 4 : 7. In how many years will the ratio of the principal and simple interest become 5…
- A sum of ₹5,000 amounts to ₹6,500 in 3 years at simple interest. If the rate of interest is doubled, what will be the amount of the same sum in…
- A person invested a certain sum of money at 10% per annum simple interest. After 4 years, the interest earned was ₹3,600 less than the sum invested. What was the…
- At 5% per annum simple interest, the simple interest earned by A on his investment for 4 years equals the simple interest earned by B on his investment for 6…
- A sum of money becomes 240% of itself in 8 years at simple interest. Find the simple interest earned when Rs. 3000 is invested at the same rate for 3…
- An amount invested on simple interest at 'R%' p.a. amounts to Rs. 9,504 and Rs. 12,384 in 4 years and 9 years, respectively. Find the value of 'R'.
- A man lends a sum of money at 8% simple interest. After 3 years, the total interest received is ₹2,400. What is the amount of money he would receive at…
- At simple interest, a certain amount of money doubles in five years. What is the interest rate?
- A sum of money amounts to ₹6,720 in 4 years and to ₹7,680 in 6 years at a certain rate of simple interest. What is the annual rate of interest?