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Question 1
Vikash borrows ₹ 20,000 from a bank for 3 years at 10% on compound interest. He lends ₹ 12,000 to Usha on simple interest of 12% for 3 years and lends ₹ 8,000 to Akash on compound interest of 8% for 3 years. Find Vikash’s loss or gain.
Question 2
What is the simple interest on Rs 5400 in 5 years at the rate of 12% per annum?
Question 3
An amount was lent for one year at the rate of 18% per annum compounding annually. Had the compounding been done half yearly, the interest would have increased by 324. What was the amount (in Rs) lent?
Question 4
A sum of money at compound rate of interest amount to Rs. 750 in 1st year and to Rs. 1000 in 2nd year. Find the sum:
Question 5
If the difference between CI and SI on a certain sum of money for 3 yrs at 5% P.a. is Rs. 122, find the sum.
Question 6
If the compound interest on a certain sum for two consecutive years is ₹ 220 and ₹ 242, then the rate of interest per annum is
Question 7
A sum of money doubles itself at some rate of compound interest in 15 years. In how many years will it become eight times of itself with the same rate ?
Question 8
The difference between the compound interest and simple interest of some amount of money for 2 year at 9 % per annum is ₹ 129.60. The sum of money is :
Question 9
A certain sum of money at simple interest amounts to Rs. 1012 in 2.5 years and to Rs. 1067.20 in 4 years. The rate of interest per annum is
Question 10
A sum of Rs 1750 is divided into two parts such that the interests on the first part at 8% simple interest per annum and that on the other part at 6% simple interest per annum are equal. The interest on each part is(in Rs)
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Mar 24SSC & Railway
