19/03/2020 Simple and Compound Interest(Study by Topics Junior Class) 0Comments by Gate Academy Welcome to your Simple and Compound Interest(Study by Topics Junior Class) NAME EMAIL PHONE NUMBER 1. A sum of Rs 2600 is lent out in two parts in such a way that the interest on one part at 10% S.I for 5 years is equal to that on the other part at 9% S.I for 6 years. Find the two sums1350 ,12501300 , 12001245 , 13451450 , 12502. 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 capital60006600580072003. Find the simple interest on $750 invested at 8% for 3 years$180$87$120$2004. 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.45,000Rs.12,000Rs.40,000Rs.20,0005. Which is the formula for compound interest of six months?P×5(1+n)P[1+R/2/100] ^2nNone of the aboveAll of the above6. 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%2030 , 18752028 , 18752045 , 18606865 , 87657. Rakesh borrows Rs 7000 from a bank at S.I . After three years he paid Rs 3000 to the bank and at the end of 5 years from the date of borrowing he paid Rs 5450 to the bank to settle the account . Find the rate of interest8%5%6%7%8. What does amount mean?Money used to buy somethingAccumulation of money borrowed and interestThe interest on money borrowedAll of the above9. 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 12.50%8%12%10%10. If the difference between the S.I and the C.I for 3 years at 5% per annum is Rs 122 , find the sum 160012000100001600011. Find the time N400 will yield an interest of N40 at the rate of 5% per annum.2 years3 years1 year4 years5 years12. What annual payment will discharge a debt of Rs 770 due in 5 years , the rate of interest being 5% simple interest per annum15014013012013. Find the compound interest on N30000 for 2 years at 7% per annum.N2100N8400N4200N6300N434714. 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 years64884834729815. Find the least number of complete years in which a sum of money put out at 20% C.I will be more than doubled2 Yrs4 Yrs3 YrsData Inadequate16. 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 time38044040042017. Shawn invested one half of his savings in a bond that paid simple interest for 2 years and received Rs.550 as interest. He invested the remaining in a bond that paid compound interest, interest being compounded annually, for the same 2 years at the same rate of interest and received Rs.605 as interest. What was the value of his total savings before investing in these two bonds? Rs.22000Rs.11000Rs.2750Rs.550018. Which is for principal?Si×100/R×2PSI×100/R×TNone of theseSI×R×T19. What will the formulae of SI be if rates vary?SI(R×2P)/1002(SI +T)/100P×(R1+R2+R3+R4...)/100None of the above20. A sum of money invested for a certain number of years at 8% p.a. simple interest grows to Rs.180. The same sum of money invested for the same number of years at 4% p.a. simple interest grows to Rs.120 only. For how many years was the sum invested?25 yearsCannot be determined40 years33 years and 4 months21 out of 20Time is Up!