Quick revision: Simple & Compound InterestRules, shortcuts, how it is asked, worked examples and traps›
Per paper
~0.9
Years asked
8 of 10
Past questions
28
5 Aug 2023 · Shift 1
Bankersadda/Adda247
Q-SICI-18Q.45
A man invested Rs. P in scheme A on compound interest at rate of 10% p.a. for two years and he invested Rs. (P+500) in scheme B on simple interest at rate of 12% p.a. for same period of time. If the interest received by man from scheme A is Rs. 150 less than that of from scheme B, then find amount invested in scheme B.
(a) 1250 Rs.
(b) 1000 Rs.
(c) 1500 Rs.
(d) 2000 Rs.
(e) 2500 Rs.
5 Aug 2023 · Shift 2
Adda247
Q-SICI-19Q.41
A invested Rs R at the rate of 20% p.a. for four years in simple interest and gets interest of Rs 1600. If the amount received by him reinvested at the rate of 10% p.a. for 2 years in compound interest, then find the interest received him from both the schemes (in Rs).
(a) 2356
(b) 2339
(c) 2724
(d) 2715
(e) 2711
5 Aug 2023 · Shift 4
Adda247
Q-SICI-20Q.50
A man invests Rs X-800 in a scheme that offers compound interest at 20% p.a. for two years and an earned amount of Rs 1008. If he invests Rs X+200 in a bank that offers simple interest at 14% p.a. for
2.5 years, then find the interest received from the bank (in Rs).
(a) 550
(b) 595
(c) 545
(d) 525
(e) 540
6 Aug 2023 · Shift 1
Adda247
Q-SICI-21Q.51
Bhushan invested Rs 4X at 10% p.a. compounding annually for two years while Anil invested Rs
3X at 18% p.a. on simple interest for one year more than Bhushan. Anil received Rs 3120 more as interest than Bhushan. Find X.
(a) 2000
(b) 2500
(c) 4000
(d) 8000
(e) 1200
6 Aug 2023 · Shift 2
Adda247
Q-SICI-22Q.48
A man invested Rs 9000 in simple interest for 18 months at (R/5)% and received interest of Rs
1350. If he invests Rs 30R in compound interest at 10% p.a. for two years, then find the amount he received (in Rs).
(a) 1815
(b) 2115
(c) 2025
(d) 2450
(e) 2100
6 Aug 2023 · Shift 3
Adda247
Q-SICI-23Q.68
A invests Rs. Y in scheme P which offers simple interest at the rate of 15% p.a. for three years and receives interest of Rs. 2700. If Rs. (Y+4000) is invested in scheme Q which offers compound interest for two years at the rate of 10% p.a., then find the interest he receives from scheme Q (in Rs).