Quick revision: Simple & Compound InterestRules, shortcuts, how it is asked, worked examples and traps›
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~0.9
Years asked
8 of 10
Past questions
28
20 Aug 2022 · Shift 1
AmbitiousBaba
Q-SICI-9Q.62
Mohit borrowed Rs. 12000 on C.I. at the rate of 20% for three years. He paid at the end of first year 1/8th of amount and end of second year 1/6th of amount. Find how much amount Mohit have to pay at the end of third year to complete his debt?
(a) 15220 Rs
(b) 15520Rs
(c) 15340 Rs
(d) 15120Rs.
(e) 15560 Rs
Note: fraction 1/8 read from rendered page
20 Aug 2022 · Shift 2
Adda247
Q-SICI-10Q.60
A man invested a sum of Rs. ‘P’ for two years in scheme A at 20% p.a. on compound interest annually. The amount received at end of two years from scheme A, reinvested in scheme B for four years at 25% p.a. on simple interest. If total interest received from scheme B is Rs 1650 more than P, then find
‘P’?
(a) Rs 3550
(b) Rs 2750
(c) Rs 3450
(d) Rs 3750
(e) Rs. 3250
20 Aug 2022 · Shift 3
Adda247
Q-SICI-11Q.61
Ankit invested Rs. 1080 at the rate of 7.5% p.a. for two years on simple interest and Rs. ‘P’ at the rate of 20% p.a. for two years on compound interest annually. If ratio of total simple interest after two years to the total compound interest received by Ankit in the second year is 9 : 10, then find ‘P’?
(a) Rs. 720
(b) Rs. 640
(c) Rs. 840
(d) Rs. 750
(e) Rs. 800
20 Aug 2022 · Shift 4
Adda247
Q-SICI-12Q.44
The difference between interest received when a sum is invested at 15% p.a. at. CI compounded annually for two years & that of when that sum is invested at 15% p.a. at SI for two years is 270. Find the SI when the same sum is invested for 1.5 years at 18% p.a?
(a) Rs. 2880
(b) Rs. 2970
(c) Rs. 3240
(d) Rs. 3180
(e) Rs. 3360
20 Aug 2022 · shift not stated
Bankersadda/Adda247
Q-SICI-13Q.65
A man invested Rs.12500 at 10% p.a. for two years on compound interest in a scheme. If total interest received from the first scheme he invested into second scheme at 20% p.a. for two years on simple interest, then find the total interest received by man from second scheme?
(a) Rs. 3675
(b) Rs. 950
(c) Rs. 1020
(d) Rs. 1050
(e) Rs. 1080
21 Aug 2022 · Shift 1
Adda247
Q-SICI-14Q.52
Hemant invest 1800 Rs at rate of 5% and x% per annum in ratio 4 : 5 respectively. At the end of 2 year, he will get total Rs 160 as SI. Find value of x
(a) 4%
(b) 6%
(c) 8%
(d) 4.5%
(e) 3%
21 Aug 2022 · Shift 2
Adda247
Q-SICI-15Q.71
A man invested Rs. 4000 at the rate of X% p.a. on simple interest and get Rs. 5440 as amount after three years. Find the value of (X + 3)?
(a) 9
(b) 21
(c) 18
(d) 15
(e) 12
21 Aug 2022 · Shift 3
Adda247
Q-SICI-16Q.60
A man deposited Rs x on simple interest in the beginning of 1st year and he added Rs x at the beginning of
2nd year and 3rd year in a bank. After three years he got total amount of Rs 11160. If the rate of interest is 12% per annum, then find the value of x.
(a) Rs 1700
(b) Rs 3000
(c) Rs 3200
(d) Rs 2500
(e) Rs. 2700
21 Aug 2022 · Shift 4
Adda247
Q-SICI-17Q.52
Satish invested Rs. 14,000 partially in scheme A which offer 20% p.a. at C.I. and remaining in scheme B which offer 25% at S.I. Find the amount (in Rs.) invested in scheme B if total interest earns after 2 years is Rs. 6640.