SIMPLE INTEREST A sum of Rs. 1600 gives a simple interest of Rs.

125
What sum of money must be given at simple interest in 2 years and 3 months. The rate of interest per
annum is :
for six months at 4% per annum in order to earn Rs.
150 interest?

1
(a) 5 (b)
2
(c) (d)
(a) 5000 (b) 7500 7. The simple interest on a sum of money is 4/9 of the
(c) 10000 (d) 15000 principla and the number of years is equal to the rate
percent per annum. The rate per annum is :
7
2. A sum of money becomes of it self in 3 years at a 4
6
9
certain rate of simple interest.ate of interest per
annum is :
3
7 2
(a) 5 (b) 6 %
6 3
5 5 1
(a) 5 % (b) 6 % (c) 6 (d) 7 %
9 9 5
(c) 18% (d) 25% A sum of Rs. 400 amounts to rs. 480 in 4 years. What
3. The simple interest on a ceratain sum at 5% per will it amount to if the rate of interest is increased by
annum for 3 years and 4 years differ by Rs. 42, The 2%?
sum is :
5% 3 4
42
(a) 210 (b) 280
(c) 750 (d) 840 (a) 484 (b)
The difference between the simple interest received (c) 512 (d)
from two different sources on Rs. 1500 for 3 years is 9. At what rate percent per annum willthe simple
Rs. 13.50. The difference between their rates of interest on a sum of money be 2/5 of the principla
interest is : amount in 10 years ?
10
2
5
(a) 4% (b) 6%
(a) 0.1% (b) 0.2% 2 2
(c) 5 % (d) 6 %
(c) 0.3% (d) 0.4% 3 3
A sum of Rs. 10, 000 is lent partly at 8% and 10. In what time will the simple interest be 2/5of the
remining at 10% per annum. If the yearly interest on principla at 8 percent per annum ?
the average is 9.2%, The two parts are: 8
2
5
(a) 8 (b) 7
(c) 5 (d) 6
11. A sum of Rs. 1750 is divided into two parts such that
(a) the interests on the first part at 8% simple interest per
(b) annum and that on the other poart at 6% simple
interest per annum are equal. The interest on each
(c) part (in rupees) is
(d) 1 750
8

1
 6 (c) 600 (d) 550
17. A money lender finds that due to fall in the annual
(a) 60 (b) 65 3
rate of interest from 8% to 7 %, his yearly income
(c) 70 (d) 40 4
12. A sum of Rs. 1550 was lent partly at 5% and partly at diminishes by Rs. 61.50. his capital is
8% simple interest. the total interest received after 3 8%
years is Rs. 300. The ratio of money lent at 5% to that
3
at 8% is: 7
150 5 8 4
61·50
3
(a) 22400 (b) 23800
300 5 8
(c) 24600 (d) 26000
18. A lends Rs. 2500 to B and a certain sum to C at the
(a) 5 8 (b) 8 5
same time at 7% annual simple interest. If after 4
(c) 31 6 (d) 16 15 years A received interest fo Rs. 1120 from B and C,
13. A person lent Rs. 5,000 partly at the rate of 4 percent the sum lent to C is
and partly at the rate of 5 per cent per annum, at A B 2500 C
simple interest. The total interest after 2 years is Rs. 7% 4
440. The sum of money lent at each of the above rates
is to be divided in the ratio A B C 1120
5 000 4 C
5 (a) 700 (b) 6500
2 440 (c) 4000 (d) 1500
5 000 19. A certain sum of money amounts to Rs. 756 in 2
1
years and to Rs. 873 in 3 years at a certain rate of
(a) 4 5 (b) 3 2 2
simple interest. The rate of interest per annum is
(c) 5 4 (d) 2 3 2 756
1 1
14. The simple interest on a sum after 4 years is of 3 873
5 2
the sum. The rate of interest per annum is :
1
4 (a) 10% (b) 11%
5 (c) 12% (d) 13%
20. What sum will amount to Rs. 7000 in 5 years at
(a) 4 (b) 5 1
3 % simple interest?
(c) 6 (d) 8 3
15. What sum of money will amount to Rs. 520 in 5 years 1
3 %
and to Rs. 568 in 7 years at simple interest ? 3
5 520 7
568
(a) 6300 (b) 6500
(a) 400 (b) 120
(c) 6000 (d) 5000
(c) 510 (d) 220
16. Rs. 500 was invested at 12% per annum simple 41 1
21. A sum of money becomes of itself in year at
interest and a certain sum of money invested at 10% 40 4
per annum simple interest. If the total interest on both a certain rate of simple interest. The rate of interest
the sum after 4 years is Rs. 480, the latter sum of per annum is
money is : 1
500 12% 4
10% 41
40
4 480 (a) 10% (b) 1%
(c) 2·5% (d) 5%
22. the simple interest on a certain sum for 8 months at
(a) 450 (b) 750
4% per annum is Rs. 129 less than the simple interest

2
 on the same sum for 15 months at 5% per annum. 2 720
The sum is: 5 1020
4% 8
5% 15
(a) 520 (b) 600
129
(c) 700 (d) 710
(a) 2,580 (b) 2,400
(c) 2,529 (d) 3,600 28. Simple interest on a certain sum at a certain annual
23. A man loses Rs. 55.50 yearsly when the annual rate 16
rate of interest is of the sum. If the the number
of interest rate of interest falls from 11.5% to 10% 25
his capital (in rupees) is representing rate percent adn time in years be equal,
11·5% 10% then the rate of interest is :
55·50
( )
(a) 3700 (b) 7400 (a) 3650 (b) 36500
(c) 8325 (d) 11100
(c) 730 (d) 7300
A sum of Rs. 1000 is lent out partly at 6% and the
29. Mohan lent some amount of money at 9% simple
remaining at 10% per annum. If the yearly income on interest and an equal amount of money at 10% simple
the average is 9.2%. the both parts respectively are: interest each for two years. If his total interest was Rs.
760, what amount was lent in each case ?

(a) 400 600

(b) 450
(a) 1700 (b) 1800
(c) 200
(c) 1900 (d) 2000
(d) 550 30. Simple interest on a certain sum at a certain annual
25. A man took a loan from a bank at the rate of 12% per 16
annum at simple interest. After 3 yearhe had to pay rate of interest is of the sum. If the the number
25
Rs. 5400 as interest only for that period. The
representing rate percent adn time in years be equal,
principal amount borrowed by him was: then the rate of interest is :
12%
5,400
25
16

(a) 2,000 (b) 10,000 1

(a) 8% (b) 11 %
(c) 20,000 (d) 15,000 2
26. A sum of money at simple interest amounts ato 1, 012 1 1
1 (c) 12 % (d) 12 %
in 2 year and to Rs. 1067.20 in 4 years. The rate of 2 4
2 31. If the annual rate of simple interest increases from
interest per annum is : 1
10% to 12 % , a man's yearly income increases by
21 2
2
1,012 4 1,067·20 Rs. 1250. His principal (in rupees) is
1
10% 12 %
2
(a) 2·5% (b) 3%
1250
(c) 4% (d) 5%
27. A sum of money lent out at simple interest amounts to
Rs. 720 after 2 years and to Rs. 1020 after 2 years and (a) 50,000 (b) 45,000
to Rs. 1020 after 5 years. The sum is: (c) 60,000 (d) 65,000

3
32. If the simple interest on a certain sum of money for (a) 12 000 (b) 8 000
1 (c) 10 000 (d) 6 000
15 months at 7 % per annum exceeds the simple
2 37. A certain sum of money becomes three times of itself
1 in 20 years at simple interest. In how many years
interest on the same sum for 8 months at 12 % per
2 does it become double of itself at the same rate of
annum by Rs. 32.50, then the sum of money (in Rs) simple interest ?
is :
1
7
2
1
12
2 (a) 8 (b) 10
(c) 12 (d) 14
38. A sum of Rs 1500 is lent out in tow parts in such a
(a) 312 (b) 312.50 way that the simple interest on one part at 10% per
(c) 3120 (d) 3120.50 annum for 5 years is equal to that on another part at
12.5% per annum for 4 years. the sum lent out at
1
33. In what time will Rs. 72 become Rs. 81 at 6 % per 12.5% is :
4 1500
annum simple interest ?
10 5
1
72 6 % 12 5 4
4
81 12 5
(a) 2 (b) 3
(c) 2 6 (d) (a) 500 (b) 1000
34. The simple interest on Rs. 7, 300 from 11 May, 1987 (c) 750 (d) 1250
to 10 September, 1987 (both days included) at 5% 39. A person borrows some money for 5 years and ratio
per annum is of loan amount : total interest amount is 5 : 2 Then
7 300 5 11 1987 find the ratio of loan amount : interest rate is equal to
:
10 1987

(a) 123 (b) 103

(c) 200 (d) 223
35. A person borrows Rs. 5, 000 for 2 years at 4% per (a) 2 : 25 (b) 2 : 1
annum simple interest. he immediately lends it to (c) 5 : 2 (d) 25 : 2
1 40. If Rs. 64 amount to 83.20 in 2 ytears what will Rs. 86
another person at 6 % per annum simple interest
4 amount to in 4 years at the same rate percent per
for 2 years. His gain in this transaction is : annum?
5 000 2 4

1 (a) 132.50 (b) 135.60

6 % 2
4 (c) 137.60 (d)
41. The effective annual rate of interest, corresponding to
(a) 112 50 (b) 450 a nominal rate of 6% per annum payable half yearly
(c) 225 (d) 150 is :
36. A man had Rs. 16, 000, A part of which he lent at 4% 6
and the rest at 5% per annum simple interest. If the
total interest received was Rs. 700 in one years, The (a) 6 06 (b) 6 07
money lent at 4% per annum was
(c) 6 08 (d) 6 09
16 000
42. If the simple interest for 6 years be equal to 30% fo
4 5
the principal, it will be equal to the principal after
700
4

4
 interest per annum, at which the remaining money is
lent, is:
50 000 8000
1
5 % 24 000 6
(a) 6.06% (b) 6.07% 2
(c) 6.08% (d) 6.09%
43. A person invests money in three different schemes
for 6 years, 10 years and 12 years at 10 percent, 12
percent and 15 percent simple interest respectively. 3680
At the completion of each scheme, he gets the same
interest. the ratio of his investment (a) 5% (b) 7%
(c) 10% (d) 12%
81. A man invests half of his capital at the rate of 10%
per annum, one–third at 9% and the rest at 12% per
annum. The average rate of interest per annum,
which he gets is :
1
2
(a) 6 : 3 : 2 (b) 2 : 3 : 4 1
(c) 3 : 4 : 6 (d) 3 : 4 : 2 3
44. Rs. 1, 000 is invested at 5% per annum simple
interest. If the interest is added to the principal after
every 10 years, the amount will be become Rs. 2, 000
after (a) 9% (b) 10%
1,000 5% (c) 10.5% (d) 12%
10 Rs. 800 becomes Rs. 956 in 3 years at a certain rate
2,000 of simple interest. if the rate of interest is increased
by 4% what amount will Rs. 800 become in 3 years?
(a) 15 (b) 18
2
(c) 20 (d) 16 %
3
45. A sum of money amounts to Rs. 5, 200 in 5 years and
to Rs. 5, 680 in 7 years at simple interest. the rate of
interest per annum is (a) 1020.80 (b) 1025
5 5,200 7
(c) 1052 (d) 1050
5,680
87. John invested a sum of money at an annual simple
(a) 3% (b) 4% interest rate of 10%. At the end of ofur years the
(c) 5% (d) 6% emount invested plus interest earned was Rs. 770.
57. What equal installment of annual payment will The amount invested was:
discharge a debt which is due as Rs. 848 at the end of 10
4 years at 4% per annum simple interest?
770

(a) 650 (b) 350

(c) 550 (d) 500
88. In what time will Rs. 1860 amount to 2, 641.20 at
simple interest 12% per annum ?
(a) 212 (b) 200 1,860 12%
(c) 250 (d) 225 2,641.20
65. Out of Rs. 50, 000, that a man has, he lends Rs. 8000 1
(a) 3 (b) 3
1 2
at 5 % per annum simple interest and Rs. 24, 000
2 1
at 6% per annum simple interest. he lends the (c) 4 (d) 4
2
remaining money at a certain rate of interest so that
he gets total annual interest of Rs. 3680.the rate of

5
89. The population of a village decreases at the rate of 96. A person invests Rs. 12, 000 as fixed deposit at a
20% per annum. If its population 2 years ago was 10, bank at the rate of 10% annum simple interest. But
000, the present population is : due to some pressing needs he has to withdraw the
entire money after 3 years, for which the bank
allowed him a lower rate of interest. If he gets Rs.
3320 less than end of 5 years, the rate of interest
(a) (b) 6400 allowed by the bank is :
(c) 7600 (d) 6000
90. In how many years will a sum of money double itself
at 12% per annum ?

(a) (b)
(c) (d)
91. 3The rate of interest per annum at which the total
simple interest of a certain capital for 1 year is equal
to the total simple interest of the same capital at the
5 4
rate of 5% per annum for 2 years is : (a) 7 % (b) 7 %
9 9
5 2 8 7
(c) 7 % (d) 8 %
9 9
97. A certain scheme of investment in simple interest
(a) (b) 10% declares that it trebles the investment in 8 years. If
(c) 25% (d) 12.5% you want to quadruple the money through that
93. Rs. 12000 is divided into two parts such that the scheme for how many years you have to invest for :
simple interest on the first part for 3 years at 12% per
annum may be equal to the simple
12,000
3 12
4 16 (a) (b)
(c) (d)
98. If a man receives on one-fourth of his capital 3%
(a) 2 : 1 (b) 1 : 2 interest, on two third 5% and on the remaining 11%,
(c) 2 : 3 (d) 3 : 2 the percentage he receives on the whole is :
94. A person who pays income tax at the rate of 4 paise 3%
per rupee, find that a fall of interest rate from 4% to
5% 11%,
3.75% diminishes his net yearly income by Rs. 48.
What is his capital ?
4 (a) 4.5 (b) 5
4% 3.75% (c) 5.5 (d) 5.2
99. The sum lent at 5% per annum (i.e. 365 days) simple
48
interest, that produces interest, of Rs. 2. 00 per day,
is
(a) 24,000 (b) 25,000 5% (365 )
(c) 20,000 (d) 18,000 2.00
95. Arun lends Rs. 20, 000 to two of his friends. he given
Rs. 12, 000 to the first at 8% p.a. simple interest.
Arun wants to make a profit of 10% on the whole. (a) 1,400 (b) 14,700
the simple interest rate at which he should lend the (c) 14,600 (d) 7,300
remaining sum of money to the second friends is :
100. A certain sum of money lent out at simple interest
20,000, amounts to Rs. 1380 in 3 years and Rs. 1500 in 5
12,000, 8% years. Find the rate per cent per annum.
10% 3 1380
5 1500

(a) 8% (b) 16% (a) 3% (b) 3.5%

(c) 12% (d) 13% (c) 4% (d) 5%

6
101. If a sum of money amounts to Rs. 12, 900 and rs. 14, 107. 6%
250 at the end of 4th year and 5th year respectively at
a certain rate of simple interest, then the rate of
interest is : 9% 8 13%

12,900 14,250 8,160

(a) 10% (b) 12% (a) 12,000 (b) 6,000

(c) 18% (d) 20% (c) 8,000 (d) 10,000
102. A person deposite Rs. 500 for 4 years and Rs. 600 for 108. Two equal sum were lent out at 7% and 5% S.I
3 years at the same rate of simple interest in a bank. respectively . The interest earned on the two loans
Altogether he received Rs. 190 as interest per annum and up to Rs. 960 for 4 years. The total sum lent out
was: is
7% 5%
500 600 4 960
190
(a) 4% (b) 5% (a) 3500 (b) 2500
(c) 2% (d) 3% (c) 2000 (d) 3000
103. The simple interest on Rs. 4, 000 in 3 years at the 109. In what time will Rs. 8000, at 3% per annum,
rate of x% per annum equals the simple interest on produce the same interest as Rs. 6000 does in 5 years
Rs. 5, 000 at the rate of 12% per annum in 12 years. at 4% simple interest is ?
the value of x is: 4% 6, 000
x% 4,000 3 8, 000 3%
12% 5,000 2
x (a) 4% (b) 5%
(a) 10% (b) 6% (c) 2% (d) 3%
(c) 8% (d) 9% 110. A sum of Rs. 800 amounts to Rs. 920 in 3 years at
104. If x, y z, are three sum of money such that y is the the simple interest rate. if the the rate is increased by
simple interest on x and z is the simple interest on y 3% p.a. , what will be the sum amount to in the same
for the same time and at the same rate of interest, then period ?
we have: 800 3 920
x, y, z 3%
y, x
z, y (a) 992 (b) 962
(c) 942 (d) 982
(a) z2 = xy (b) xyz = 1 111. The amount Rs. 2,100 became Rs. 2, 352 in 2 years
(a) x2 = yz (d) y2 = zx at simple interest. If the interest rate is decreased. by
1% what is the new interest ?
105. A sum was lent at simple interest at a certain rate
for 2 years. Had it been lent at 3% higher rate, it 2,100 2 2,352
would have fetched Rs. 300 more The original sum 1%
of money was:
2
(a) 210 (b) 220
3
(c) 242 (d) 252
300
112. Prakash lends a part of R.s 20,000 at 8% simple
(a) 5000 (b) 6000 4
(c) 7000 (d) 4000 interest and remaining at % simple interest. His
3
106. A sum of Rs. 2, 400 amounts to Rs. 3, 264 in 4 years
total income after a year was Rs. 800. Find the sum
at a certain rate of simple interest. If the rate of
lent at 8%
interest is increased by 1% the same sum in the same
time would amount to 20,000 8%
2 400 4 3 264 4
%
1 3
800 8%
(a) 3,288 (b) 3,312
(c) 3,340 (d) 3,360 (a) 8,000 (b) 12,000

7
 (c) 6,000 (d) 10,000 (c) rs. 3, 000 (d) Rs. 16, 800
115. A sum of money lent out at simple interest amounts to 122. A man buys a TV priced at 16000 after 15 months on
Rs. 720 after 2 years and rs. 1020 after a further which he is cahrges a simple interest at once and the
period of 5 years. Find the principal. rest after 15 months on which he is charges a simple
2 720 interest at the rate of 12% per year. the total amount
5 1020 he pays for the TV is :
Rs. 16000
Rs. 4000
(a) 600 (b) 1740
12%
(c) 6000 (d) 120
8
117. The simple interest on a sum of money is
25
(a) Rs. 18, 200 (b) Rs. 17, 200
of the sum. If the unmber of years is numberically
(c) Rs. 17, 800 (d) Rs. 16, 800
half the rate percent per annum, then the rate percent
123. If the ratio of principal and the simple interest of 5
per annum is
years is 10 : 3, then the rate of interest is:
8
25

(a) 6% (b) 8%
(c) 3% (d) 5%
(a) 5 (b) 8 124. Mr. Dutta desired to deposit his retirement benefit of
(c) 6 (d) 4 Rs. lacs partly to a post office and partly to a bank at
118. A sum of Rs. 7, 930 is divided into 3 parts and given 10% and 6% interests respectivel. If his monthly
at loan at 5% simple interest to A, B and C for 2, 3 interest income was Rs. 2000 then the difference of
and 4 years respectively, If the amounts of all three his deposits in the post office and in the bank was:
are equal after their respective periods of loan, then Rs. 3
the A received a loan of
10% 6%
Rs. 7, 930 A,
B C 2, 3 5%
Rs. 2000

A
(a) Rs. 1, 00, 000
(b) Rs. 40, 000
(a) Rs. 2, 800 (b) Rs. 3, 050 (c) Rs. 50, 000
(c) Rs. 2, 750 (d) Rs. 2, 760 (d) Rs. Nil /
119. The principal which gives Rs. 1 interest per day at a
125. A boy aged 12 years is left with Rs. 100, 000 which
rate of 5% simple interest per annum is
is under a trust. The trustees invesst the money at 6%
5% per annum and pay the minor boy a sum of Rs. 2500,
Rs. 1 for his pocket money at the end of each year. the
(a) Rs. 5000 (b) Rs. 35500 expenses of trust come out to be Rs. 500 per annum.
(c) Rs. 7300 (d) Rs. 3650 find the amount that will be handed over to the minor
120. The time required for a sum of money to amount to boy after he attains the age of 18 years.
four times itself at 15% simple interest p.a. will be. Rs. 10, 000
15% 6%

(a) 20 years (b) 30 years Rs. 2500 Rs. 500,

(c) 10 years (d) 15 years
121. Arvind deposited a sum of money with a bank On 1 st
janaury, 2012 at 8% simple interest per annum. he
received an amount 3, 144 on 7th Aughst, 2012. The (a) Rs. 125000 (b) Rs. 118000
money he deposited with the bank was (c) Rs. 150000 (d) Rs. 120000
8% 126. The simple interest on Rs. 36, 000 for the period
from 5th January to 31st May , 2013 at 9.5% per
annum is
3, 144 Rs. 36, 000 9.5%

(a) Rs. 1, 368 (b) Rs. 1, 338

(a) Rs. 3, 080 (b) Rs. 17, 200 (c) Rs. 1, 425 (d) Rs. 1, 400

8
127. The rate of simple interest per annum of bank being
decreased from 5% to 3.5% the annual income of a
person from interest was less by Rs. 105. the sum
deposited at the bank was
5% 3%
Rs. 105

(a) Rs. 7, 000 (b) Rs. 6, 000

(c) Rs. 7, 200 (d) Rs. 6, 800
128. Tushar borrowed a sum of Rs. 12, 000 at 15% per
annum from a moneylender on 13th January, 1987
and return the amount on 8th June, 1987 to clear his
debt. Then the amount paid by tushar to the money-
lender to clear his debt was.

(a) Rs. 15,000 (b) 11,394

(c)Rs. 12,720 (d) 13,650

Answer Sheet
1. (b) 2. (a) 3. (d) 4. (c) 5. (a) 6. (c)
7. (d) 8. (c) 9. (a) 10. (c) 11. (a) 12. (d)
13. (d) 14. (b) 15. (a) 16. (c) 17. (c) 18. (d)
19. (d) 20. (c) 21. (a) 22. (b) 23. (a) 24. (c)
25. (d) 26. (c) 27. (a) 28. (d) 29. (a) 30. (a)
31. (a) 32. (c) 33. (a) 34. (a) 35. (c) 36. (c)
37. (d) 38. (c) 39. (d) 40. (c) 41. (b) 42. (a)
43. (a) 44. (d) 45. (d) 46. (a) 47. (a) 48. (b)
49. (c) 50. (c) 51. (b) 52. (c) 53. (c) 54. (c)
55. (c) 56. (a) 57. (b) 58. (b) 59. (d) 60. (c)
61. (c) 62. (d) 63. (d) 64. (a) 65. (c) 66. (a)
67. (b) 68. (c) 69. (a) 70. (d) 71. (d) 72. (a)
73. (c) 74. (c) 75. (c) 76. (c) 77. (c) 78. (b)
79. (d) 80. (a) 81. (b) 82. (c) 83. (a) 84. (a)
85. (b) 86. (b) 87. (c) 88. (b) 89. (b) 90. (c)
91. (b) 92. (d) 93. (a) 94. (c) 95. (d) 96. (b)
97. (d) 98. (b) 99. (c) 100. (d) 101. (c) 102. (b)
103. (a) 104. (d) 105. (a) 106. (d) 107. (c) 108. (c)
109. (a) 110. (a) 111. (a) 112. (a) 113. (d) 114. (d)
115. (b) 116. (d) 117. (d) 118. (d) 119. (c) 120. (a)
121. (c) 122. (c) 123. (a) 124. (d) 125. (b) 126. (a)
127. (a) 128. (c)