Maths Foundation (Simple Interest)

1. A person deposited Rs 18000 at the rate of 8% per annum find the interest he will get back after 3
years?

2. A person deposited Rs 24000 at the rate of 8% per annum find the interest he will get back after 8
Months?

3. A person deposited certain amount of money in a bank and he will get back Rs. 1000 &Rs. 960 after 5
years and 4 years respectively. Find the money deposited and rate of interest.

4. A person deposited certain amount of money in a bank and he will get back Rs. 11500 &Rs. 10900
after 5 years and 3 years respectively. Find the money deposited and rate of interest.

5. Certain amount of money doubles itself in 8 years at certain rate of simple interest. Find the rate of
interest.

6. A person deposited Rs. 80000. Some part of the amount is deposited at the rate of 10% pa simple
interest and remaining at the rate of 5% pa simple interest. At the end of the 2 years he will get back Rs.
13000 as interest. Find how much Rs. had he deposited at the rate of 5%.

7. A person deposited Rs. 16000. Some part of the amount is deposited at the rate of 4% pa simple
interest and remaining at the rate of 5% pa simple interest. At the end of the year he will get back Rs.
700 as interest. Find how much Rs. had he deposited at the rate of 4%.

8. The difference between the simple interests received from two different banks on rs 500 in 2 years is
rs 2.5. the difference between their per annum rates of interest is. ?

9. Rs 800 becomes Rs 968 in 3 years at certain rate of simple interest. If the rate of interest is increased
by 4%. What amount will Rs 800 become in 4 years ?

10. A person deposited rs 400 for 2 years , rs 550 for 4 years and 1200 for 6 years. He received the
total simple interest of rs 1020. The rate of interest per annum is ?

11. A person deposited Rs. 100 per month in recurring deposit scheme. After completing 12 th month
what amount he will get back if the rate of simple interest is 10%.

12. The simple interest on Rs 8000 in 4 year at the rate of x% per annum equals to the simple interest on
rs 12000 at the rate of 6 % per annum in 8 year. The value of x is

13. Reena took a loan of Rs 1200 with simple interest for as many years as the rate of interest. If she
paid rs 432 as interest at the end of the loan, what was the rate of interest?

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