Self Studies

Simple Interest...

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  • Question 1
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    Find the simple interest, when: Principal = Rs 1000, Rate of Interest = 10% per annum and Time = 5 years

  • Question 2
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    Kirti lent Rs 15000 to his friend. He charged 15% per annum on Rs 12500 and 18% on the rest. How much interest does he earn in 3 years?

  • Question 3
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    Find the interest on Rs 250 for a period of 8 years at the rate of 8% per annum.

  • Question 4
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    Ajay borrowed Rs 300000 from a bank at 18% per annum for 2 years. He lent this sum of money to Rohan at 20% per annum for 2 years. How much did Rohit earn from this transaction?

  • Question 5
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    Ajit took a loan of Rs 16000 from a money lender, who charged interest at the rate of 9% per annum. After 2 years, ajit paid him Rs 18400 and wrist watch to clear the debt. What is the price of the watch?

  • Question 6
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    A person deposits Rs 50000 in a firm who pays an interest at the rate of 10% per annum. Calculate the income he gets from it annually.

  • Question 7
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    Find the simple interest, when: Principal = Rs 250, Rate of Interest = 25% per annum and Time = 4 years

  • Question 8
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    Anita borrowed Rs 1100 from her friend at 4% per annum. She returned the amount after 6 months. How much did she pay?

  • Question 9
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    Rakesh lent out Rs 4000 for 5 years at 30% per annum and borrowed Rs 3000 for 3 years at 24% per annum. How much did he gain or lose?

  • Question 10
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    Ankur borrowed Rs 1000 at 4% per annum and Rs 500 at 10% per annum. He cleared his debt after 2 years by giving Rs 1400 and a watch. What is the cost of the watch?

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