Q.1) Calculate the simple interest if a principal amount of Rs.

1500 is
deposited in SBI Bank at 8% rate for 5 years.
A) 400
B) 500
C) 600
D) 700
Q.2) A sum of 12000 Rs. is deposited into SBI Bank for 3 years. If the
bank is providing 5% rate then calculate the amount after the maturity
period?
A) 12500
B) 13600
C) 13800
D) 14200
Q.3) A principal amount of 25000 is deposited in to City Bank for 2
years. Calculate the interest incurred if rate of interest is 10%
compounded annually?
A) 5000
B) 5200
C) 5250
D) 5300
Q4) Mohan borrows Rs. 10000 @ 8% pa for 4 years. At the end of the
period, he pays Rs 6000 in cash, and for the balance amount, he gave his
mobile. Find the cost of the mobile.
A) 7000
B) 7200
C) 7500
D) 8000
Q.5) Calculate the compound Interest if the sum is rupees 10000 at 10%
rate for 2 years.
A) 2000
B) 2100
C) 2200
D) 2400
Q6) Calculate the C.I on the sum of 10000 rupees deposited in HDFC
bank for 3 years at 10% rate of Interest.
A) 3300
B) 3310
C) 3130
D) 3103
Q7) Calculate the C.I on the sum of 10000 rupees deposited in HDFC
bank for 2.5 years at 10% rate of Interest.
A) 205
B) 2500
C) 2705
D) 2302
Q8) Find the C.I on rupees 117600 at 14.28% per annum after 2 years
compounded annually.
A) 33600
B) 35000
C) 36000
D) 2400
Q9) Find the C.I to rupees 64800 at 16.66% per annum after 3 years
compounded annually.
A) 38000
B) 39000
C) 38100
D) 37000
Q10) Find the difference between C.I and S.I for 5% per annum at rupees
2400 after 2 years?
A) 3
B) 4
C) 5
D) 6
Q11) A sum of money doubles itself in 5 years In how many years will it
become four-fold?
A) 10 Years
B) 13 Years
C) 14 Years
D) 15 Years
Q12) A sum of money triples itself in four years In how many years will
it become five times?
A) 6 years
B) 7 years
C) 8 years
D) 9 years
Q13) The difference between Compound Interest & Simple Interest for
rupees 2560 on 12.5% rate of interest after 3 years?
A) 125
B) 115
C) 100
D) 135
Q14) S.I for 4.5% after 2 years is 900 rupees. Find C.I for the same sum
after 2 years?
A) 900
B) 920
C) 920.25
D) 925.20
Q15) Simple Interest for 3 years is rupees 1500. Than find the difference
between Compound Interest and Simple Interest on the same sum for 3
years at 5% per annum?
A) 74.5
B) 75
C) 76.25
D) 78.35
Q16) The Simple Interest for certain sum of money for certain rate of
Interest after 2 years is rupees 840. And C.I on the same sum of money at
the same rate after 2 years is rupees 861. The rate of Interest & Principle
sum is?
A) 4% & 8000
B) 5% & 8000
C) 5% & 8400
D) 6% & 9000
Q17) The difference between C.I and S.I on a certain sum of money at
5% rate of Interest for 2 years is rupees 150. Find the Principle, Simple
Interest and Compound Interest.
Q18) Industrial consumption of power doubled from 2000-2001 to 2010-
2011, Find the annual rate of Increase in percent assuming it to be
uniform over the years. (GATE -2014 EC/ME)
A) 5.6
B) 7.2
C) 10.0
D) 12.2
Q19) Leila aspires to buy a car worth Rs. 10, 00,000 after 5 years. What
is the minimum amount of Rupees that she should deposit now in the
bank which offers 10% annual rate of Interest, if the Interest was
compounded annually? (GATE-2018 EC)
A) 5,00,000
B) 6,21,000
C) 6,66,667
D) 7,50,000