SIMPLE INTREST

1. Simple Interest received by a person in 10

years on a principal of Rs. 9500 is 130% of
the principal. What is the rate of interest (in
%) per annum?
(A) 65000 (B) 62500
(C) 67500 (D) 70000
(A) 12 (B) 13
6. Shiwam invest a sum of money in a scheme
(C) 15 (D) 19 which offers 6% interest per annum for first 3
2. What sum of money must be given as simple years 9% p.a. for next 5 years and 13% p.a.
interest for six months at 4% per annum in beyond 8 years. At the end of 11 years he re-
order to earn Rs. 150 interest? ceived Rs.81,600 as interest. Find the money
invested by shiwam.

(A) 5000 (B) 75000

(C) 10000 (D) 15000
3. In how many years will a sum of Rs. 3,000
yield a simple interest of Rs. 1,080 at 12% per
annum? (A) 85000 (B) 82500
(C) 80000 (D) 76500
7. Manish take some loan at the rate of 5% p.a.
1 for first 4 years 9% p.a. for next 3 year & 11%
(A) 3 years (B) 2 years p.a. beyond 7 years. At the end of 10 years he
2
paid Rs.15300. Find the loan taken by Manish.
1
(C) 2 years (D) 3 years
2
4. Saurav invest a sum of money in scheme which
offers 4% interest per annum with an increase
of 0.5% per annum in each year if at the end of
4 year he received Rs.9880 as interest. Then (A) 82500 (B) 85000
find the money invested by Saurav.
(C) 80000 (D) 90000
8. A sum of Rs. 2,400 amounts to Rs. 3,264 in 4
years at a certain rate of simple interest. If
the rate of interest is increased by 1%, the same
sum in the same time would amount to
(A) 50000 (B) 52500
(C) 57500 (D) 52000
5. Atharv take some loan at the rate of 6% per
annum with an increase of 1% for each year at (A) Rs. 3,288 (B) Rs. 3,312
the end of 5 years he paid Rs.91000 then find
the loan taken by Athrav. (C) Rs. 3,340 (D) Rs. 3,360

1 Adutiya Sir
9. A man take a loan at the rate of r% per annum 13. A sum of money at some rate of simple inter-
for 8 year but due to hike 0.75% in the rate of est amounts to Rs. 2,900 in 8 years and to Rs.
interest he paid Rs.4440 more at the end of 3,000 in 10 years. The rate of interest per an-
loan. Find the loan taken by him. num is

r%

1
(A) 4% (B) 2 %
(A) 70000 (B) 72500 2
(C) 74000 (D) 75000 (C) 3% (D) 2%
10. Umesh and Harish invest 48000 each in scheme 14. A sum of money becomes amount to Rs.14,560
A and B for 4 years. At the completion of at the end of 2 years and amount to Rs.20020
scheme Umesh received Rs.75600. What at the end of 5 years. What is the rate of inter-
amount received by Harish if the rate of inter- est per annum.
est offered by scheme A and scheme B is r%
and (r+1)% respectively.
A B

A B (A) 20% (B) 15%

r% (r+1)% (C) 16.2/3% (D) 12.1/2%
15. A sum of money becomes amount to Rs.10920
at the end of 2 years and Rs.15600 at the end
(A) Rs.77500 (B) Rs.77520
of 5 years. What is the sum of money.
(C) Rs.77680 (D) Rs.77890
11. A man invest a sum of money in three schemes
which offers 6% p.a., 10% p.a. and 12% p.a. for
10 years, 12 years and 15 years respectively in (A) 7800 (B) 9200
three different parts. Such that at the comple- (C) 8600 (D) None
tion of each scheme he received equal inter-
est. Find the ratio b/w his investments 16. The ratio b/w sum of money and amount after
T years 4 : 5 and after 3 years if becomes 5:7.
What is the value of T.
T

T
(A) 4 years (B) 5 years

(A) 1:2:3 (B) 3:2:1 (C) 6 years (D) 7 years

(C) 6:3:1 (D) 6:3:2 17. A person borrows Rs. 5,000 for 2 years at 4%
per annum simple interest. He immediately
12. A man invest a sum of money in three differ-
1
ent parts for 2 years, 4 years & 6 years in a lends it to another person at 6 % per annum
scheme which offers 5% interest paid such a 4
way at the completion of each scheme he re- simple interest for 2 years. His gain in the
ceived equal money. Find ratio b/w his invest- transaction is
ment.
1
4

(A) Rs. 112.50 (B) Rs. 450

(A) 1:2:3 (B) 6:3:2 (C) Rs. 225 (D) Rs. 150
(C) 156:143:132 (D) None
PB Adutiya Sir
18. Rahim lent a sum to Anil at a simple interest (A) 10% (B) 5%
of 10% per annum, and at the same time lent
(C) 15% (D) 20%
to Sunil a sum, which was Rs. 2000 more than
the amount lent to Anil at the simple interest 22. A person lends 40% of his sum of money at
of 12% per annum. At the end of 3 years, both 15% per annum, 50% of rest at 10% per an-
Anil and Sunil returned the principal and in- num and the rest at 18% per annum rate of
terest to Rahim. If Rahim got Rs. 1020 more interest. What would be the annual rate of in-
interest from Sunil than that from Anil, how terest, if the interest is calculated on the whole
much did each borrow from Rahim? sum?

(A) 13.4% (B) 14.33%

(C) 14.4% (D) 13.33%
(A) Rs. 2500, Rs. 4500
23. A man invests half his capital at the rate of
(B) Rs. 4000, Rs. 6000 10% per annum, one-third at 9% and the rest
(C) Rs. 5000, Rs. 7000 at 12% per annum. The average rate of inter-
est per annum, which he gets, is
(D) Rs. 6000, Rs. 8000
19. A man borrow a sum of Rs.65000 from Sumit
at 7% p.a. for 3 years. He added some more
money in it and lend it to Sanju at 10% p.a. for
3 years. In this process he earn a total profit of (A) 9% (B) 10%
Rs.8850. Find how much amount does he (C) 10.5% (D) 12%
added.
24. Out of Rs. 50,000, that a man has, he lends
1
Rs. 8000 at 5 % per annum simple interest
2
and Rs. 24,000 at 6% per annum simple inter-
est. He lends the remaining money at a cer-
tain rate of interest so that he gets total an-
nual interest of Rs. 3680. The rate of interest
(A) 7500 (B) 10,000 per annum, at which the remaining money is
(C) 8500 (D) 9500 lent, is

20. At some rate of simple interest, A lent Rs.

2,000 to B for 2 years and Rs. 1,500 to C for 4 1
years and received Rs. 9,00 as interest from 2
both of them togehter. The rate of interest per
annum was
A B
(A) 5% (B) 7%
C
(C) 10% (D) 12%
25. A man invest 80000 in two schemes which
(A) 5% (B) 6% offers 8% p.a and 6% p.a respectively at the
end of three years he received 18000 as
(C) 8% (D) 9% interest then Find money invested in 8% p.a.
21. A person deposited Rs. 400 for 2 years. Rs.
550 for 4 years and Rs. 1,200 for 6 years. He
received the total simple interest of Rs. 1,020. % %
The rate of interest per annum is
%
(A) 20,000 (B) 22200
(C) 57500 (D) 60000
3 Adutiya Sir
26. A part of 150,000 was lent at 10% p.a and 31. A sum of money becomes 9 times of itself in
rest at 7% p.a. simple interest total interest 48 years in how many years it will becomes 4
earned at the end of 5 years was 60000. Find times of itself.
the money lent at 7% p.a.

% % (A) 18 years (B) 21 years

% (C) 24 years (D) 28 years

(A) 100000 (B) 50000

32. Simple interest on a certain sum for 6 years is
(C) 78270 (D) 83700
9
27. A man invested a sum of money of Rs.60,000 of the sum. The rate of interest is
25
in 3 banks A, B and C at the rate of 6% p.a. 8%
p.a. and 10% p.a. SI respectively and earn a 9
total S.I. of Rs.9920 at the end of 2 years. If
amount invested in bank A was 25
69.3/13% of amount invested in bank C. Find
the amount invested in bank B.
1
A, B (A) 6% (B) 6 %
2
C
1
(C) 8% (D) 8 %
A 2
C B 1
33. The simple interest on a sum of money is
16
(A) 18,500 (B) 39,000 of the principal and the number of years is
equal to the rate per cent, per annum. The rate
(C) 16000 (D) 19250 per annum is
28. A sum of money becomes double of itself in
100 months at SI. What is the rate of interest
p.a.

1 1
(A) 1 (B) 2 %
2 2
(A) 12% (B) 12.1/2%
(C) 8.1/3% (D) 9.1/11% 1 1
(C) 3 % (D) 4 %
2 2
29. In what time a sum of money becomes 17/5
times of itself if rate of interest is 12% p.a. 34. SI on a sum of money at a certain rate of SI is
25/16 times of principal. If value of rate of in-
terest & Time in years are numerically equal.
What is the rate of Interest p.a.
(A) 20 years (B) 16 years
(C) 25 years (D) 28 years
30. A sum of money becomes triple of itself in 18
years in how many years it will becomes 5 times
of itself (A) 7.1/2% p.a. (B) 12.1/2 p.a.
(C) 15% p.a. (D) 18% p.a.
35. A certain sum of money amounts to Rs. 2200
(A) 30 years (B) 35 years at 5% p.a. rate of interest, Rs. 2320 at 8% in-
terest in the same period of time. The period
(C) 36 years (D) 40 years of time is :

PB Adutiya Sir
 a sum of Rs. 2500, for his pocket money at
the end of each year. The expenses of trust
come out to be Rs. 500 per annum. Find the
(A) 3 years (B) 4 years amount that will be handed over to the minor
(C) 5 years (D) 2 years boy after he attains the age of 18 years.

36. Amit lends two equal sums in two parts at the

rate of 8% p.a. and 7% p.a. on SI. If the first
part is recovered 6 month earlier than the later
& he received equal amount of Rs.57600 each
from both parts. Find the sum of money lends
in each part.
(A) Rs. 120000
(B) Rs. 150000
(C) Rs. 118000
(D) Rs. 125000
40. If true discount on a sum due 2 years hence at
13% p.a. be Rs. 1170. Find present worth.
(A) Rs. 42500 (B) Rs. 45000
(C) Rs. 65000 (D) Rs. 57500
37. If x, y, z are three sum of money such that y is (A) Rs. 4250 (B) Rs. 4500
the simple interest on x and z is the simple
(C) Rs. 4750 (D) Rs. 5250
interest on y for the same time and at the same
rate of interest, then we have 41. If true discount on a sum due 6 years hence at
4.5% p.a. be Rs. 1944. Present worth is-
x, y z
x y y
z x, y, z
(A) z2 = xy (B) xyz = 1 (A) Rs. 6750 (B) Rs. 6950
(C) x = yz
2
(D) y = zx
2
(C) Rs. 7350 (D) Rs. 7200
38. If A borrowd Rs. P at x% and B borrowed Rs. Q 42. If True discount on a sum due 4 years hence
(> P) at y% per annum at simple interest at the at 12% p.a. be Rs. 1440. Due amount is-
same time, then the amount of their debts will
be equal after
A x% P B y% Q
(Q > P) (A) Rs. 4440 (B) Rs. 3460
(C) Rs. 4740 (D) Rs. 5340
 Q P  43. If True discount on a sum due 7 years hence
(A) 100   years at 4% p.a. be Rs. 168. Due amount is-
 Px  Qy 

 Px  Qy 
(B) 100  Q  P  years
 
(A) Rs. 7280 (B) Rs. 7680
 Px  Qy  (C) Rs. 7480 (D) Rs. 7580
(C) 100  
 P  Q  years 44. Find true discount on Rs. 6880 due after 4
years at 15% p.a.
 P Q 
(D) 100   years
 Px  Qy 
39. A boy aged 12 years is left with Rs. 100,000 (A) Rs. 2780 (B) Rs. 2980
which is under a trust. The trustees invest the
money at 6% pr annum and pay the minor boy (C) Rs. 2680 (D) Rs. 2580

5 Adutiya Sir
45. Find true discount on Rs. 8880 due after 6 (A) 23000 (B) 22500
years at 8% p.a.
(C) 22000 (D) 21500
51. A certain bank offers 8% rate of interest on
the 1st year and 9% on the 2nd year in a certain
(A) Rs. 2880 (B) Rs. 2780 fixed deposit scheme. If Rs. 17,658 are received
after investing for 2 years in this scheme, then
(C) Rs. 2980 (D) Rs. 2480 what was the amount (in Rs.) invested?
46. The true discount on Rs. 17600 due after a 8%
certain time at 12% p.a. is Rs. 1600. What is
9%
the time.
2
17,658

(A) 6 months (B) 8 months CLG Mains 2018

(C) 9 months (D) 10 months
(A) 16,000 (B) 15,000
47. The true discount on Rs. 1764 due after cer-
(C) 15,500 (D) 16,500
tain time at 16% p.a. is Rs. 189. What is the
time. 52 From the top of a tower, the angles of depres-
sion of two objects on the ground on the same
side of it, are observed to be 60º and 30º re-
spectively and the distance between the ob-
(A) 6 months (B) 8 months jects is 400 3 m. The height (in m) of the tower
is:
(C) 9 months (D) 10 months
48. Time true discount on Rs. 4440 due 4 years
(side) 60º 30º
hence is Rs. 1440. The rate percent is-
400 3

CLG Mains 2019

(A) 12% (B) 14%
(A) 800 (B) 800 3
(C) 15% (D) 16%
49. The true discount on Rs. 25620 due 4 months (C) 600 3 (D) 600
hence is Rs. 1220. The rate percent is-
53. ‘A’ started a business with a capital of Rs.
54,000 and admitted ‘B’ and ‘C’ after 4 months
and 6 months, respectively. At the end of the
year, the profit was divided in the ratio 1 : 4 :
(A) 12% (B) 14% 5. What is the difference between the capitals
invested by ‘B’ and ‘C’?
(C) 15% (D) 16%
A 54,000
50. A invested an amount of x rupees in a bank for
B C 4 6
2 years which gave 5% interest in year 1 and
6% interest in year 2. The amount received 1:4
after 2 years is Rs. 24,486. What is the value :5 B C
of x?

A x 2 CLG Mains 2019

5% 6% (A) Rs. 2,16,000 (B) Rs. 3,24,000
2 24,486
(C) Rs. 1,08,000 (D) Rs. 1,62,000
x
54. A sum amounts to Rs. 14,395.20 at 9.25% p.a.
CLG Mains 2018 simple interest in 5.4 years. What will be the
PB Adutiya Sir
 simple interest on the same sum at 8.6% p.a. 56. P and Q are two points on the ground on either
in 4.5 years? side of a pole. The angles of elevation of the
top of the pole as observed from P and Q are
5.4 9.25% 60º and 30º, respectively and the distance be-
Rs. 14,395.20 tween them is 84 3 m. What is the height (in
8.6% 4.5 m) of the pole?
P Q,
CLG Mains 2019 P Q
(A) Rs. 3,672 (B) Rs. 3,797.76 60º 30º 84 3
(C) Rs. 3,627 (D) Rs. 3,715.20

55. A sum lent out at simple interest amounts to CLG Mains 2019
Rs. 6076 in 1 year and Rs. 7504 in 4 years. (A) 60 (B) 63
The sum and the rate of interest p.a. are re-
spectively: (C) 73.5 (D) 52.5

Rs. 6,076 57. The average of 18 numbers is 37.5. If six num-

bers of average x are added to them, then the
4 Rs. 7,504
average of all the numbers increase by one. The
value of x is:
CLG Mains 2019 18 37.5 6
(A) Rs. 5,400 and 9% x
1 x
(B) Rs. 5,600 and 9%
CLG Mains 2019
(C) Rs. 5,600 and 8.5%
(A) 38.5 (B) 42
(D) Rs. 5,400 and 10%
(C) 41.5 (D) 40

ANSWER KEY
1. (B) 7. (B) 13. (D) 19. (B) 25. (D) 31. (A) 37. (D) 43. (B) 49. (C) 55. (C)
2. (B) 8. (D) 14. (C) 20. (D) 26. (A) 32. (A) 38. (A) 44. (D) 50. (C) 56. (D)
3. (A) 9. (C) 15. (A) 21. (A) 27. (C) 33. (B) 39. (C) 45. (A) 51. (B) 57. (C)
4. (D) 10. (B) 16. (B) 22. (C) 28. (A) 34. (B) 40. (B) 46. (D) 52. (D)
5. (A) 11. (D) 17. (C) 23. (B) 29. (A) 35. (D) 41. (D) 47. (C) 53. (A)
6. (C) 12. (C) 18. (C) 24. (C) 30. (C) 36. (B) 42. (A) 48. (A) 54. (D)

7 Adutiya Sir