Simple Interest Level 2
Q1–10 of 50At the rate of 8½% p.a. simple interest, a sum of ₹4800 will earn how much interest in 2 years 3 months?
A shopkeeper with an overdraft facility at 18 percent with a bank borrowed ₹15000 on Jan 8, 2011 and returned the money on June 3, 2011 so as to clear the debt. The amount that he paid was
Ramakant invested amounts in two different schemes A and B for five years in the ratio of 5: 4 respectively. Scheme A offers 8% simple interest and bonus equal to 20% of the amount of interest earned in 5 years on maturity. Scheme B offers 9% simple interest. If the amount invested in scheme A was ₹20000, what was the total amount received on maturity from both the schemes?
₹1000 is invested at 5% per annum simple interest. If the interest is added to the principal after every 10 years, the amount will become 2000 after:
Asmita invests an amount of ₹9534 @ 4 p.c.p.a. to obtain a total amount of ₹11442 on simple interest after a certain period. For how many years did she invest the amount?
The simple interest on a sum of money is 16/25 of the principal. The number of years is equal to the rate of interest per annum. What is the rate (in per cent) of interest per annum?
If simple interest on ₹600 for 4 years and on ₹600 for 2 years combined together is ₹180, find the rate of interest.
Veena obtained an amount of ₹8376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. What is the amount invested by Veena?
The sum invested in Scheme B is thrice the sum invested in Scheme A. The investment in Scheme A is made for 4 years at 8% p.a. simple interest and in Scheme B for 2 years at 13% p.a. simple interest. The total interest earned from both the schemes is ₹1320. How much amount was invested in Scheme A?
Simple interest on 500 for 4 years at 6.25% per annum is equal to the simple interest on 400 at 5% per annum for a certain period of time. The period of time is: