ID : U-87370-17-3532-Simple-Interest [1]

Class 8
Simple Interest
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Answer the questions

(1) Aditya deposited Rs. 1500 in bank on 5th August 2004 and withdrew on 5th November 2004. Find the
interest earned by him at simple interest of 12% pa.

(2) The simple interest of Rs. 10800 in 8 years at 2% per annum will be same as simple interest on Rs.
9600 at 2% per annum in how many years?
(3) A sum of money becomes 4 times of itself at simple interest in 21 years, how long would it take for
same amount to become 5 times?
(4) Madhav deposited an amount in bank which gives 15% simple interest. If he gets Rs. 50000 after 10
years, find the amount deposited by him?
(5) Sanjana borrowed Rs. 23040 from Vandita at the rate of 10% simple interest per year. She then
returned the money after 2 years and 10 months. How much money did she give to Vandita in total?
(6) What should be the interest rate for an amount to become 4 times of itself at simple interest in 75
years?
(7) How long will it take for an amount to become triple of itself at 4% per annum simple interest?

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 ID : U-87370-17-3532-Simple-Interest [2]

Answers
(1) Rs. 45
(2) 9 years
(3) 28 years
(4) Rs. 20000
(5) Rs. 29568
(6) 4% annum
(7) 50 years

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