Category: S.I. & C.I.

S.I. & C.I. (24)

1. The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 4% per annum is Rs 1. Find the sum 1. Rs 600 2. Rs 625 3. Rs 650 4. Rs 675 5. None of these   2. On a sum of money, simple interest for […]

S.I. & C.I. (23)

1. A man saves Rs 200 at the end of each year and lends the money at 5% compound interest. How much will it become at the end of 3 years. 1. Rs 662 2. Rs 662.01 3. Rs 662.02 4. Rs 662.03 5. None of these   2. Find the compound interest on Rs.16,000 […]

S.I. & C.I. (22)

1. The simple interest on a certain sum for 8 months at 4% per annum is Rs. 129 less than the simple interest on the same sum for 15 months at 5% per annum. The sum is: 1. Rs. 2580 2. Rs. 2400 3. Rs. 2529 4. Rs. 3600 5. None of these   2. […]

S.I. & C.I. (21)

1. A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 years and 3 months. The rate of interest per annum is:? 1. 51/2% 2. 8% 3. 7% 4. 6% 5. None of these   2. A sum of Rs. 1750 is divided into two parts such that the interests on […]

S.I. & C.I. (20)

1. A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount to 8 times? 1. 10 years 2. 8 years 3. 6 years 4. 12 years   2. On what sum will the compound interest for 2 1⁄2 years at 10% amount to Rs. 31762.5? […]

S.I. & C.I. (19)

1. A tree increases annually by 1⁄5 th of its height. If its height today is 50 cm, what will be the height after 2 years? 1. 64 cm 2. 72 cm 3. 66 cm 4. 84 cm   2. On a sum of money, the simple interest for 2 years is Rs. 320, while […]

S.I. & C.I. (18)

1. If the compound interest on a certain sum for 2 years in Rs. 80.80 and the simple interest Rs. 80; then the rate of interest per annum is 1. 2% 2. 1% 3. 3% 4. 4%   2. The compound interest on a sum for 2 years is Rs. 832 and the simple interest […]

S.I. & C.I. (17)

1. What sum invested for 2 years at 14% compounded annually will grow to Rs. 5458.32? 1. 4120 2. 3300 3. 4200 4. 4420   2. If the difference between the simple interest and compound interests on some principal amount at 20% for 3 years is Rs. 48, then the principal amount is 1. Rs. […]

S.I. & C.I. (16)

1. The Simple interest on a certain sum for 2 years at 20% per annum is Rs. 80. The corresponding compound interest is 1. Rs. 66 2. Rs. 82 3. Rs. 86 4. Rs. 88   2. The Compound interest on Rs. 20,480 at 6 1⁄4 % per annum for 2 years 73 days, is […]

S.I. & C.I. (15)

1. The effective annual rate of interest corresponding to a nominal rate of 6% per annum payable half-yearly is: 1. 6.07% 2. 6.08% 3. 6.06% 4. 6.09%   2. Arun invested an amount of Rs. 20000 in a fixed deposit scheme for 2 years at compound interest rate 4 p.c.p.a. How much amount will Arun […]

S.I. & C.I. (14)

1. The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. What is the rate of interest per annum? 1. 9% 2. 12% 3. 8% 4. 6%   2. If the simple interest on a sum of money for 2 years at 5% per annum […]

S.I. & C.I. (13)

1. What is the difference between the compound interests on Rs. 5000 for 11⁄2 years at 4% per annum compounded yearly and half-yearly? 1. Rs. 2.04 2. Rs. 4.80 3. Rs. 3.06 4. Rs. 8.30   2. A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each on 1st […]

S.I. & C.I. (12)

1. A sum is invested at compounded interest payable annually. The interest in the first two successive years was Rs. 400 and Rs. 420. The sum is 1. Rs. 8000 2. Rs.7500 3. Rs. 8500 4. Rs. 8200   2. Arun borrowed a certain sum from Manish at a certain rate of simple interest for […]

S.I. & C.I. (11)

1. There is 60% increase in an amount in 6 years at simple interest. What will be the compound  interest of Rs. 12,000 after 3 years at the same rate? 1. Rs. 2160 2. Rs. 3120 3. Rs. 3972 4. Rs. 6240   2. The simple interest accrued on an amount of Rs. 25,000 at […]

S.I. & C.I. (10)

1. A four years NSC certificate was purchased for Rs. 500 with Rs. 1000 being the maturity value. Find the rate of S.I. 1. 24% 2. 22% 3. 16% 4. 25%   2. If simple interest on a certain sum of money for 8 years at 4% per annum is same as the simple interest […]