Welcome to your Simple and Compound Interest(Study by Topics Junior Class) NAME EMAIL PHONE NUMBER 1. Find the C.I on Rs 10,000 for 3 years if the rate of interest is 4% for the 1st year , 5% for the 2nd year and 6% for the 3rd year 1785.5 1654.3 1575.2 23.2 2. A man invested 1/3 of his capital at 7% , 1 / 4 at 8% and the remainder at 10 %. If his annual income is Rs 561, find the capital 6000 6600 7200 5800 3. Find the difference between the C.I and the S.I for the sum Rs 1500 at 10% p.a for two years 12.5 10 17.5 15 4. Rs.100 doubled in 5 years when compounded annually. How many more years will it take to get another Rs.200 compound interest? 10 years 15 years 5 years 7.5 years 5. Vijay invested Rs.50,000 partly at 10% and partly at 15%. His total income after a year was Rs.7000. How much did he invest at the rate of 10%? Rs.45,000 Rs.20,000 Rs.40,000 Rs.12,000 6. The S.I on a certain sum of money for 2 years at 10% p.a is Rs 400. Find the C.I at the same rate and for the same time 440 380 400 420 7. At a certain rate of simple interest Rs 800 amounted to Rs 920 in 3 years . If the rate of interest be decreased by 3% , what will be the amount after 3 years 298 648 848 347 8. Which is for principal? SI×R×T Si×100/R×2P SI×100/R×T None of these 9. Find the compound interest on N30000 for 2 years at 7% per annum. N4200 N8400 N6300 N4347 N2100 10. Divide Rs 3903 between A and B , so that A’s share at the end of 7 years may equal B’s share at the end of 9 years , compound interest being at 4% 2028 , 1875 6865 , 8765 2045 , 1860 2030 , 1875 11. A certain sum is interested at compound. The interest accrued in the first two years is Rs 272 and that in the first three years is Rs 434 , find the rate % 13.50% 12.50% 11.50% 10.50% 12. Which is a formula for Compound interest? 1+n/100 R+n/100 A=P×[1+(r/100)] n P*1+5n 13. A father left a will of Rs.35 lakhs between his two daughters aged 8.5 and 16 such that they may get equal amounts when each of them reach the age of 21 years. The original amount of Rs.35 lakhs has been instructed to be invested at 10% p.a. simple interest. How much did the elder daughter get at the time of the will? Rs. 17.5 lakhs Rs. 15 lakhs Rs. 21 lakhs Rs. 20 lakhs 14. The difference between the compound interest and the simple interest on a certain sum at 12% p.a. for two years is Rs.90. What will be the value of the amount at the end of 3 years? 6250 9000 8780.80 8530.80 15. A man invests an amount of Rs 15860 in the names of his three sons in such a way that they get the same amount after 2 ,3 and 4 years respectively. If the rate of simple interest is 5% , then find the ratio in which the amount was invested for A, B and C 276 : 264 : 253 567 : 876 : 908 287 : 345: 123 284 : 276 : 287 16. Find the least number of complete years in which a sum of money put out at 20% C.I will be more than doubled Data Inadequate 2 Yrs 4 Yrs 3 Yrs 17. The simple interest on Rs 1650 will be less than the interest on Rs 1800 at 4% S.I by Rs 30 . find the time 6 Yrs 5 Yrs 3 Yrs 4 Yrs 18. Banks offer the interest as an "incentive" to customers who open accounts. What does "incentive" mean? None of the above Trick Punishment Encouragement 19. A man borrows Rs 5000 for a period of 4 years at 10% S.I , with the condition that he will pay back principal plus interest accumulated in 4 years . After 2 years he goes to the bank and repays 50% of the total amount due. At the end of the 4th year what amount should he pay to clear all dues 1500 3500 2500 4500 20. A person lends Rs 600 for 5 years and Rs 750 for 2 years , received altogether Rs 450 as S.I . Find the rate per an 12% 10% 8% 12.50% 1 out of 20 Time is Up! Time's up