Simple & Compound Interest
Are you preparing for campus placements, Banking, SSC, IAS, Insurance, Defence and other competitive exams? Then, make sure to take some time in practicing the Simple & Compound Interest questions and answer in Quantitative Aptitude. Moreover, only those questions are included that are relevant and likely to be asked in any competitive exam. So, take these questions and answer, brush up your skills and practice to stay fully prepared for any your exam.
Q29.A sum of 35,000 is divided into two parts such that the interests on the first part at 8% simple interest per annum and that on the other part at 6% simple interest per annum are equal. The interest on each part (in rupees) is
Q30.Imran borrowed a sum of money from Jayant at the rate of 8% per annum simple interest for the first four years, 10% per annum for the next six years and 12% per annum for the period beyond 10 years. If he pays a total of Rs.12,160 as interest only at the end of 15 years, how much way did he borrow?
Q31.On what sum does the difference between the compound in interest and the simple interest for 3 years at 10% is Rs. 31?
Q32.Find the amount invested by Arun, if he obtained an amount of Rs.9000 at simple interest of 8% on a certain amount after 10 years.
Q33.Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:
Q34.A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?
Q35.Radhika took loan from a bank at the rate of 12% p.a. simple interest. After 3 years she had to pay Rs. 10800 interest only for the period. The principal amount borrowed by him was:
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