EDUCATION SPRINT

CLASS- VIII Total Marks : 174

S.I. & C.I

Section A

* Answer The Following Questions in Brief. [2]

1. At what rate per cent per annum will Rs. 630 produce an interest of Rs. 126 in 4
years ?

Section B

* Questions with calculation. [4 Marks Each] [172]

1. On what principal will the simple interest be Rs. 7,008 in 6 years 3 months at 5%
per year?
2. Find the principal which will amount to Rs. 4,000 in 4 years at 6.25% Per annum.
3. In what time will the interest on a certain sum of money at 6% be 5
of itself?
8

4. Ashok lent out Rs.7000 at 6% and Rs.9500 at 5%. Find his total income from the
interest in 3 years.
5. If ₹ 3,750 amount to ₹ 4,620 in 3 years at simple interest. Find:
(i) the rate of interest
(ii) the amount of Rs. 7,500 in years at the same rate of interest
1
5
2

6. A certain sum amounts to Rs.3825 in 4 years and to Rs.4050 in 6 years. Find the
rate percent and the sum.
7. Divide Rs. 15,600 into two parts such that the interest on one at 5 percent for 5
years may be equal to that on the other at 4
1
percent for 6 years.
2

8. Calculate the compound interest on Rs. 5,000 in 2 years; if the rates of interest
for successive years be 10% and 12% respectively.
9. Rekha borrowed Rs. 40,000 for 3 years at 10% per annum compound interest.
Calculate the interest paid by her for the second year.
10. Find the amount and the C.I. on ₹ 12,000 at 10% per annum compounded half-
yearly.
Find the amount and the C.I. on ₹ 8,000 in years at per year
1
11. 1 20%
2

compounded halfyearly.
12. Find the amount and the compound interest on ₹ 24,000 for 2 years at 10% per
annum compounded yearly.
13. Find the amount and the compound interest on ₹ 16,000 for 3 years at 5% per
annum compounded annually.

Page 1
 Find the amount and the compound interest on ₹ 20,000 for years at
1
14. 1
2
10%

per annum compounded half-yearly.

15. Find the amount and the compound interest on ₹ 32,000 for 1 year at 20% per
annum compounded half-yearly.
16. Find the amount and the compound interest on ₹ 4,000 in 2 years, if the rate of
interest for the first year is 10% and for the second year is 15%.
17. Find the amount and the compound interest on ₹ 10,000 in 3 years, if the rates
of interest for the successive years are 10%, 15%, and 20% respectively.
18. Calculate the compound interest for the second year on Rs. 15000 invested for 5
years at 6% per annum.
19. Mohan borrowed Rs. 16,000 for 3 years at 5% per annum compound interest.
Calculate the amount that Mohan will pay at the end of 3 years.
20. Calculate the compound interest on Rs. 15,000 in 3 years; if the rates of interest
for successive years be 6%, 8%, and 10% respectively.
21. Calculate the amount and the compound interest on Rs. 10,000 in 3 years at 8%
per annum.
22. Calculate the amount and the compound interest on Rs. 12,000 in 2 years and at
10% per year.
23. A man borrowed Rs. 20,000 for 2 years at 8% per year compound interest.
Calculate :
(i) the interest of the first year.
(ii) the interest of the second year.
(iii) the final amount at the end of the second year.
(iv) the compound interest of two years.
24. A sum of Rs. 8,000 is invested for 2 years at 10% per annum compound interest.
Calculate:
(i) interest for the first year.
(ii) principal for the second year.
(iii) interest for the second year.
(iv) the final amount at the end of the second year
(v) compound interest earned in 2 years.
25. A certain sum of money invested for 5 years at 8% p.a. simple interest earns an
interest of ₹ 12,000. Find:
(i) the sum of money.
(ii) the compound interest earned by this money in two years and at 10% p.a.
compound interest.
26. Gautam takes a loan of ₹ 16,000 for 2 years at 15% p.a. compound interest. He
repays ₹ 9,000 at the end of the first year. How much must he pay at the end of

Page 2
 the second year to clear the debt?
27. Peter borrows ₹ 12,000 for 2 years at 10% p.a. compound interest. He repays ₹
8,000 at the end of the first year. Find:
i. the amount at the end of the first year, before making the repayment.
ii. the amount at the end of the first year, after making the repayment.
iii. the principal for the second year.
iv. the amount to be paid at the end of the second year, to clear the
account.
28. Mr. Sharma lends ₹24,000 at 13% p.a. simple interest and an equal sum at 12%
p.a. compound interest. Find the total interest earned by Mr. Sharma in 2 years.
29. Rohit borrowed ₹ 40,000 for 2 years at 10% per annum C.I. and Manish
borrowed the same sum for the same time at 10.5% per annum simple interest.
Which of these two gets less interest and by how much?
30. Calculate the difference between the compound interest and the simple interest
on ₹ 8,000 in three years and at 10% per annum.
31. Calculate the difference between the compound interest and the simple interest
on ₹ 7,500 in two years and at 8% per annum.
32. A person invests Rs. 5,000 for two years at a certain rate of interest
compounded annually. At the end of one year, this sum amounts to Rs. 5,600.
Calculate :
(i) the rate of interest per year.
(ii) the amount at the end of the second year.
33. A man invests Rs. 9600 at 10% per annum compound interest for 3 years.
Calculate :
(i) the interest for the first year.
(ii) the amount at the end of the first year.
(iii) the interest for the second year.
(iv) the interest for the third year. the interest for the first year.
34. If the interest on Rs.2400 is more than the interest on Rs.2000 by Rs.60 in 3
years at the same rate percent; find the rate.
35. On what date will ₹ 1950 lent on 5th January 2011 amount to ₹ 2125.50 at 5
percent per annum simple interest?
36. At what rate percent of simple interest will the interest on Rs.3750 be one-fifth
of itself in 4 years? To what will it amount in 15 years?
37. What sum of money lent at 6.5% per annum will produce the same interest in 4
years as Rs.7500 produce in 6 years at 5% per annum?
38. Rupees 4000 amount to Rs.5000 in 8 years; in what time will Rs.2100 amount to
Rs.2800 at the same rate?

Page 3
39. What sum of money borrowed on 24th May will amount to Rs.10210.20 on 17th
October of the same year at 5 percent per annum simple interest.
40. John lent Rs. 2550 to Mohan at 7.5 percent per annum. If Mohan discharges the
debt after 8 months by giving an old black and white television and Rs. 1422.50;
find the price of the television.
41. Mohan lends Rs. 4800 to John for 4
1

2
years and Rs. 2500 to Shy am for 6 years
and receives a total sum of Rs. 2196 as interest. Find the rate percent per
annum, it being the same in both the cases.
42. Raj borrows Rs.8,000; out of which Rs. 4500 at 5% and the remainder at 6%. Find
the total interest paid by him in 4 years.
43. Find the interest and the amount on:
₹ 5,000 at 8% per year from 23rd December 2011 to 29th July 2012.
----- -----