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Interest

The document contains a series of mathematical problems related to interest calculations, including simple and compound interest, rates, and time periods. It poses questions about how long it takes for money to double or treble, how to calculate interest on loans, and the differences between simple and compound interest. Each question provides a scenario requiring calculation to find the unknown variable.

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6 views2 pages

Interest

The document contains a series of mathematical problems related to interest calculations, including simple and compound interest, rates, and time periods. It poses questions about how long it takes for money to double or treble, how to calculate interest on loans, and the differences between simple and compound interest. Each question provides a scenario requiring calculation to find the unknown variable.

Uploaded by

Study Planet Education Network
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
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Download as DOCX, PDF, TXT or read online on Scribd
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Interest

1. A sum of money treble itself in 20 years. At what time, it will be double?


2. Mohan took a lone of a sum of money at the interest of Rs. 1for three month and pay the
interest of Rs. 30 in 15 month. How much lone is taken by him?
3. At what rate of interest will Rs. 1,250 amount to Rs. 1,600 in 7 years?
4. What principle will amounts to Rs. 708 in 3 years at 6% simple interest.
5. Find the simple interest on Rs. 5,000 for 5 years at 2%. Find also the amount.
6. Find the simple interest on Rs. 300 for 2 years at 3 paisa per rupees per year?
7. Find the yearly rate percent if the interest of 1 rupee for 6 months is 5 paisa?
8. What principle will earn Rs. 196 interest in 128 days at 8.75%?
9. What sum of money laid out at 8% simple interest will give re.1 interest per day?
10. In what time will Rs.440 amount to Rs.660 at 10%?
11. In what time will the interest on Rs.7850 amounts to Rs.785 at 12%?
12. At what time will a sum of money treble itself at 10% simple interest?
13. At what rate percent will the interest on Rs.1650 be Rs.264 in 20 years?
14. At what rate percent per year does a sum of money, treble itself in 25 years?
15. At what rate percent per annum will the principle of 4/5 of the amounts in 10 years?
16. Find the rate percent if a given sum of money double itself in 10 years.
17. At what rate of compound interest per annum will a sum of Rs. 1200 becomes Rs. 1348.32 in 2
years?
a. 3% b. 4% c. 5% d. 6%
18. The least number of complete years in which a sum of money put out at 20% compound interest
will be more than double is
a. 4 years b. 5 years c. 6 years d. 7 years
19. Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound
interest on Rs. 4000 for 2 years at 10% per annum the sum placed on simple interest is
a. Rs. 1650 b. Rs. 1750 c. Rs. 1850 d. Rs. 1950
20. In what time will Rs. 1000 becomes Rs. 1331 at 10% per annum compounded annually
a. 2 years b. 3 years c. 4 years d. 5 years
21. If the simple interest on a sum of money for 2 years at 5% per annum is Rs. 50. What will be the
compound interest on same values
a. Rs. 51.75 b. RS. 51.50 c. Rs. 51.25 d. Rs. 51
22. What will be the difference between simple and compound interest @ 10% per annum on the
sum of Rs. 1000 after 4 years
a. Rs. 62.10 b. Rs. 63.10 c. Rs. 64.10 d. Rs. 65.10
23. 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.
a. Rs. 600 b. Rs. 625 c. Rs. 650 d. Rs. 675
24. Find the compound interest on Rs.7500 at 4% per annum for 2 years compounded annually.
a. Rs.610 b. Rs.612 c. Rs.614 d. Rs.616
25. 25. albert invested amount of 8000 in fixed deposite for two years at compound interest rate of
5% per annum .how much albert will get on the maturaty of the fixed deposit.

a. Rs.8510 b. Rs.8620 c. Rs.8730 d. Rs.8820


26. 26. what will be the compound interest on Rs.25000 after 3 years at the rate of 12% per annum
a. Rs.10123.20 b. Rs.10123.30 c . Rs.10123.40 d.10123.50
27. 27.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
a. Rs.662 b. Rs.662.01 c. Rs.662.02 d. Rs.662.03
28. 28. Find the compound interest on rs. 7500 at 4% per anum for 2 years, compounded annually.
a. Rs.312 b. Rs.412 c. Rs.512 d. Rs.612
29. 29. Find the compound interest on rs 16000 at 20% per anum for 9 months compounded
quarterly.
a. Rs.2520 b. Rs.2521 c.2522 d.2523
30. 30. The presnt worth of rs 169 due in two years at 4% per anum compound interest is
a. Rs.155.25 b. Rs.156.25 c. Rs.157.25 d. Rs.158.25

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