S.I – SIMPLE INTREST AND COMPOUND INTREST

Q.1 Find the simple interest on Rs.3000 at 18% p.a for the period 9th February to 23rd April 1993.

Q.2 X borrowed Rs. 500 from Y @ 5% p.a. simple interest. If X paid Rs.50 as interest, what was the tenure of this loan?

Q.3 Dheeraj earned an interest of Rs.225 @ 15% p.a. on Rs. X in 1 1/2 years. Determine the value of X.

Q.4 If a sum of money at simple interest triples in 6 years, it will become 5 times in

Q.5 Determine the SI on Rs.10 for 5 months at the rate of 4 paise per rupee per month.

Q.6 If X borrowed Rs.500 at the rate of 5% per annum SI, what is the amount that he will have to pay to clear the debt after 4 years?

Q.7 A sum of Rs.X lent at simple interest amounts to Rs.690 in 3 years and Rs. 750 in 5 years. The sum lent is

Q.8 What is the interest earned on a sum of Rs. 8000 at 10% per annum compounded annually for 3 years?

Q.9 If Rs. 10000 is lent out at 20% p.a., the interest being compounded annually, what is the interest earned in 4th year?

q.10 A sum of money invested at compound interest amounts to Rs. 2420 in 2 years and Rs. 2662 in 3 years. The rate percent is