A Lec-4

SIMPLE & COMPOUND INTEREST
session by
Jitendra Tyagi sir
Q.1 Simple interest on Rs 1240 at the rate of 8% per
annum for 5 years is
(A) Rs 436 (B)Rs 508 (C) Rs 444 (D) Rs 496
Q.2 Find the amount if simple interest is applied on
Rs 840 at 7% per annum for 10 years
(A) Rs 1428 (B) Rs 1248 (C) Rs 1632 (D) Rs 1456
Q.3 If Rs 450 amounts to Rs 504 in 4 years, then
what sum of money will it amount to in 6 years at
the same rate of simple interest?
(A) Rs 521 (B) Rs 531 (C) Rs 541 (D) Rs 561
Q.4 A certain sum of money triples itself in 8 years at
simple interest. The rate of interest per annum is
(A) 50% (B) 40% (C) 25% (D) 16%
Q.5 In what time a sum of money will double itself at a rate
of simple interest of 12% per annum?
(A) 120 months (B) 96 months
(C) 104 months (D) 100 months
Q.6 If a certain sum of money becomes 3 times itself in 6
years at a simple interest, then the time in which it will
become 2 times itself is given by
(A) 2 years (B) 3 years (C) 4 years (D) 1 year
Q.7 The simple interest on a sum of money is 25% of the
principal, and the rate per annum is equal to the number of
years. The simple interest on the principal Rs 600 given on
the same rate for 8 years is
(A) 30% of 600 (B) 60% of 600
(C)25% of 600 (D) 40% of 600
Q.8 What will be the amount when Rs 8000 is deposited in
a bank at 6% per annum compounded annually for 3 years
?
(A) Rs 9127.126 (B) Rs 9528.128
(C) Rs 9527.128 (D) Rs 9346.148
Q.9 Find the amount of Rs 4000 in one and half years at 4%
per annum compound interest payable half yearly
(A) Rs 4244.832 (B) Rs 4432.432
(C) Rs 4824.432 (D) Rs4624.382
Q.10 An amount of 820 is given on loan for three years.
Rate of interest per year for first, second and third year
are 2%,5% and4% respectively. Amount after three years is
(A) 923.25 (B) Rs 917.35 (C) Rs
913.35 (D)Rs 947.45
Q.11 A person borrows Rs 1200 from a friend at the
compound interest of 4% per annum. What he need to pay
after 2 years to return borrow?
(A) Rs 1266 (B) Rs 1298 (C) Rs 1317 (D) Rs 1402
Q.12 The difference between the compound
interest, compounded annually and the simple
interest on a certain sum for 2 years at 6% per
annum is Rs 18. Find the sum.
(A) Rs 4800 (B) Rs 5200 (C) Rs 4000 (D) Rs 5000
Q.13 Find compound interest on Rs. 7500 at 4% per annum
for 2 years, compounded annually
(A) Rs 312 (B) Rs 412
(C)Rs 512 (D)Rs 612
Q.14 Find the compound interest on Rs.16,000 at
20% per annum for 9 months, compounded
quarterly
(A) Rs 2520 (B)Rs 2521
(C)Rs 2522 (D)Rs 2523
Q.15 The population of a city is increasing at the rate of 10%
per annum. Calculate the population of the city after 3 years
if the current population is 10000
(A) 13110 (B) 13310 (C) 11450 (D)14210
Q.16 A sum of money amounts to Rs 100000 after 4 years and
to Rs 156250 after 6 years on compound interest. What is the
sum?
(A) 40000 (B) 41500(C)42000 (D) 40960
HPCL 2021 Shift-2 ME
Q.17 If the difference between the compound interest and
the simple interest earned on a certain sum at 12% PER
ANNUM IN 2 YEARS IS Rs 675, then what is the sum(in Rs)?
(A) 46578 (B) 46500 (C)46875 (D) 48675
HPCL 2021 SHIFT-2 ME
Q.18 If the difference between the compound interest and
the simple interest on Rs 78125 in 2 years is Rs 1125, then
what is the rate of interest per annum?
(A)12.5% (B)12% (C) 11.5% (D)15%
HPCL SHIFT-2021 ME
Q.19 @5% per annum,the compound interest on a certain
sum for two years is Rs 82 and the simple interest is Rs 80,
find sum
(A)Rs 750 (B)Rs 800 (C) Rs 850 (D)Rs 700
JE ATC 2021
Q.20 There is 30 percent increase in an amount in 3 years
at x percent rate of simple interest . Find the compound
interest on Rs 30000 after 4 years at the same rate
(A) Rs 9930 (B) Rs 13293 (C) Rs 11980 (D) Rs 13923
JE ATC 2021
Q.21 ATC JE 2022 Shift-2
A sum of money becomes Rs 4875 in 4 years at a rate of
12.5% per annum simple interest. What is the sum?
(A) 3250 (B) 3215 (C) 3225 (D) 3200
Q.21 CIL MT 2017
• Miss Shivangi invests Rs 4000 for six months at 20%

per annum compounded quartely. The total amount
she gets after 6 months is
• (A) Rs 4440 (B) Rs 4410 (C) Rs 4401 (D) Rs 4411

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SIMPLE & COMPOUND INTEREST

• Miss Shivangi invests Rs 4000 for six months at 20%

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