# Aricent Simple and Compound Interest Questions with Answers – 1

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Question 1

Time: 00:00:00
A sum of Rs. 25000 becomes Rs. 27250 at the end of 3 years when calculated at simple interest. Find the rate of interest.

0.05

0.05

0.08

0.08

0.06

0.06

0.03

0.03

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Question 2

Time: 00:00:00
Find the present worth of Rs. 78000 due in 4 years at 5% interest per year.

6300

6300

65000

65000

78000

78000

9600

9600

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Question 3

Time: 00:00:00
A certain principal amounts to Rs. 15000 in 2.5 years and to Rs. 16500 in 4 years at the same rate of interest. Find the rate of interest.

0.1

0.1

0.08

0.08

0.07

0.07

0.06

0.06

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Question 4

Time: 00:00:00
Find the compound interest on Rs. 3000 at 5% for 2 years, compounded annually.

60.6

60.6

307.5

307.5

560

560

9607

9607

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Question 5

Time: 00:00:00
Find the compound interest on Rs. 10000 at 12% rate of interest for 1 year, compounded half-yearly.

632

632

1236

1236

560

560

956

956

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Question 6

Time: 00:00:00
The difference between SI and CI compounded annually on a certain sum of money for 2 years at 8% per annum is Rs. 12.80. Find the principal.

6005

6005

2000

2000

3500

3500

850

850

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Question 7

Time: 00:00:00
Find the simple interest on Rs. 5000 at a certain rate if the compound interest on the same amount for 2 years is Rs. 253.125.

600

600

350

350

400

400

250

250

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Question 8

Time: 00:00:00
A certain amount becomes Rs. 5760 in 2 years and Rs. 6912 in 3 years. What is the principal amount and the rate of interest?

6500

6500

9800

9800

4000

4000

6000

6000

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Question 9

Time: 00:00:00
How long will it take a certain amount to increase by 30% at the rate of 15% simple interest?

0.05

0.05

0.08

0.08

0.02

0.02

0.36

0.36

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Question 10

Time: 00:00:00
A money lender lent Rs. 1000 at 3% per year and Rs. 1400 at 5% per year. The amount should be returned to him when the total interest comes to Rs. 350. Find the number of years.

6.5

6.5

4

4

3.5

3.5

3

3

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["0","40","60","80","100"]
["Need more practice! \r\n","Keep trying! \r\n","Not bad! \r\n","Good work! \r\n","Perfect! \r\n"]