1. A person deposits Rs.
7000 rupees for 2 years at 8% per annum on simple interest
and he deposits Rs. 10,000 for the same rate and same time on compounded
interest. Then find the total interest earned by the person after 2 years.
a. 2784 c. 2464
b. 2889 d. 2680
2. Ram and Hari invested Rs.25,000 each in different schemes. Ram earned simple
interest 𝟏𝟏% per annum, whereas HAri earned compound interest 𝟏𝟎% per annum
compounded annually. Who received more interest after 2 years and how much?
a. Hari 302.5 c. Ram 500
b. Hari 225 d. Ram 250
3. The different between the compound the interest compounded annually and the
simple interest on a certain sum of money for three years at 10% per annum is Rs.
279 than the sum (in Rs.) is
a. 10000 c. 9000
b. 8000 d. 7000
4. The difference between S.I & C.I on a certain sum of money for 3 years at 10 % is Rs.
31. Find the sum of money.
a. 1000 c. 1500
b. 2000 d. 3000
5. Find the difference between CI and SI at 12.5% rate of interest at 2 years of Rs 3200.
a. 60 b. 40 c. 50 d. 30
6. In how much time will a sum of Rs 12500 amounts to Rs 20000 at the rate of 8
percent per annum at simple interest?
a. 10 years c. 8 years
b. 7.5 years d. 12.5 years
7. What amount a man would have received on a principal of 7, 500 after two years at
simple Interest at the rate of 7 percent per annum?
a. 8,400 c. 7,600
b. 8,550 d. 7,400
8. The simple interest on a sum of Rs. 8,000 at a certain rate per cent per annum for 3
years is Rs. 3,600. What will be the amount (in Rs.) of the same sum after 2 years at
the same rate. If the interest is compounded 8 monthly.
a. 11239 c. 10450
b. 10580 d. 10648
9. What will be the compound intersects (in Rs.) on a sum of Rs. 7,200 for 18 months
at a rate of 20% per annum. If the interest is compounded half - yearly nearest to an
integer?’
a. 3,238 c. 2,833
b. 2,338 d. 2,383
10. Krishan invested a sum of Rs. 25,000 in two parts. He earned 11% p.a. simple
interest on part1 and 10% p.a. compound interest compounded annually on part 2. If
the total interest received by him after 2 years Rs.5,370. then find the sum invested
on simple Interest.
a. Rs.11,000 c. Rs 12500
b. Rs. 12,000 d. Rs.13,000
11. At what annual rate (rounded off to the nearest integer) of simple interest will a sum
of money becomes five times its initial value in 18 years?
a. 24% c. 18%
b. 22% d. 20%
12. The simple interest on a sum for 8 years is three-fifth of the sum The rate of interest
per annum is:
a. 5 ½ % c. 6%
b. 7 1% d. 9%
2
13. The simple interest on a sum is 7/13 of the principal for 214 years. What is the rate
(in percentage) of interest per annum? (Rounded to two decimal places)
a. 3.97 c. 4.26
b. 3.21 d. 2.56
14. A sum of money invested at simple interest becomes 17/10 of itself in 2 years and 6
months. What is the rate of interest per annum?
a. 22% c. 28%
b. 16% d. 34%
15. Find the simple interest (in) on 28000 at 6.75% per annum rate of interest for the
period from 3 February 2023 to 17 April 2023.
a. 100 c. 108
b. 112 d. 105
16. Shiva borrowed a sum of 12,000 from a finance company at the rate of 20% p.a.
compound interest, compounded annually. What is the CI for a period of 2 years?
a. Rs.4,800 c. Rs.5,280
b. Rs.2,400 d. Rs.4,280
₹
17. What is the compound interest on 62,500 for 2 years at 8% per annum
compounded yearly?
a. Rs 10,500 c. Rs 10,600
b. Rs 10.300 d. Rs 10,400
18. Aruna borrowed a sum of ₹9,000 from Jayshree at 10% per annum on compound
interest, compounded annually. Find the total amount paid by Aruna after 2 years to
clear all the dues.
a. Rs 10098 c. Rs 10980
b. Rs 10890 d. Rs 10089
19. Mr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A
and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total
amount of simple interest earned in 2 years be Rs. 3508, what was the amount
invested in Scheme B?
a. Rs. 6400 c. Rs. 7200
b. Rs. 6500 d. Rs. 7500
