Simple and Compound Interest

1. What would be the simple interest obtained on an amount of Tk. 5760 at the rate of 6 p.c.p.a. after 3
years? Aggarwal 1

2. A person borrows Tk. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another
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person at 6 % p.a. for 2 years. Find his gain in the transaction per year? Aggarwal 8 PKB EO 2019
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3. If the annual rate of simple interest increases from 10% to 12 2 %, a man's yearly income increases by
Rs.1250. His principal (in Rupees) is? Aggarwal 79

4. The interest earned on Rs 15000 in 3 years at simple interest is Rs 5400. Find the rate of interest per
annum? Aggarwal 105

5. A man invests a certain sum of money at 6% p.a. simple interest and another sum at 7% p.a. simple
interest. His income from interest after 2 years was Rs. 354. One-fourth of the first sum is equal to one-
fifth of the second sum. The total sum invested was? Aggarwal 66 BD Gas Field AO 2017

6. A person invested some amount at the rate of 12% simple interest and a certain amount at the rate of 10% simple
interest. He received yearly interest of Rs. 130. But if he had interchanged the amounts invested, he would have
received Rs 4 more as interest. How much did he invest at 12% simple interest? Aggarwal 68

7. A sum was put at simple interest at a certain rate for 3 yr. Had it been put at 1% higher rate, it would
have fetched Rs.5100 more. The sum is? Aggarwal 78

8. What equal installment of annual payment will discharge a debt which is due as Rs.848 at the end
of 4 years at 4% per annum simple interest? Aggarwal 81

9. A man divided his share between his sons A and B in such a way that the interest received by A at 15%
p.a. for 3 years is double the interest received by B at 12% p.a. for 5 years. In what ratio was his share
divided? Aggarwal 88

10. David invested certain amount in three different schemes A, B and C with the rate of interest 10% p.a., 12% p.a,
and 15% p.a, respectively. If the total interest accrued in one year was Rs. 3200 and the amount invested in
Scheme C was 150% of the amount invested in Scheme A and 240% of the amount invested in Scheme B, what
was the amount invested in scheme B? Aggarwal 96 BB Cash 2017

11. A sum of Rs. 1440 is lent out in three parts in such a way that the interest on first part at 2% for 3 years, second part
at 3% for 4 years and third part at 4% for 5 years are equal. Then the difference between the largest and smallest
sum is? Aggarwal 97

12. The sum invested in Scheme B is thrice the sum invested in Scheme A. The investment in Scheme A is
made for 4 years at 8% p.a. simple interest and in Scheme B for 2 years at 13% p.a. simple interest. The
total interest earned from both the scheme is Rs 1320. How much amount was invested in Scheme A?
Aggarwal 106

13. The simple interest on a sum of money will be Rs. 600 after 10 years. If the principal is trebled after 5
years, what will be the total interest at the end of the tenth year? Aggarwal 38 PKB Cash 2014

Aggarwal Math Easy Solution

15. A sum of Rs. 1550 was lent partly at 5% and partly at 8% p.a. simple interest. The total interest received
after 3 years was Rs.300. The ratio of money lent at 5% to that lent at 8% is? Aggarwal 93

16. Tk. 6000 becomes Tk. 7200 in 4 years at a certain rate of simple interest. If the rate becomes 1.5 times
of itself, the amount of the same principal in 5 years will be? Aggarwal 26

17. If Tk. 64 amounts to Tk. 83.20 in 2 years, what will Tk.86 amount to in 4 years at the same rate percent
per annum? Aggarwal 29 Pubali SO 2014

18. Arun borrowed a sum of money from Jayant at the rate of 8% per annum simple interest for the first four
years, 10% per annum for the next 6 years and 12% per annum for the period beyond 10 years. If he
pays a total of Tk.12160 as interest only at the end of 15 years, how much money did he borrow?
Aggarwal 35

19. The present worth of Rs.169 due in 2 years at 4% per annum compound interest is? Aggarwal 26

20. A finance company declares that, at a certain compound interest rate, a sum of money deposited by
anyone will become 8 times in 3 years. If the same amount is deposited at the same compound rate of
interest, then in how many years will it become 16 times? Aggarwal 53 8 bank SO, PKB Cash 2019

21. What would be the compound interest accrued on an amount of Rs 8000 at the rate of 15 p.c.p.a. in 3
years? Aggarwal 1

22. A bank offers 5% compound interest calculated on half-yearly basis. A customer deposits Rs. 1600 each
on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of
interest is? Aggarwal 8 Sonali Cash 2018

23. Find the compound interest on Rs. 15625 for 9 months at 16% per annum compounded quarterly. Aggarwal 11

24. A man invests Rs.5000 for 3 years at 5% p.a. compound interest reckoned yearly. Income tax at the rate
of 20% on the interest earned is deducted at the end of each year. Find the amount at the end of the third
year? Aggarwal 19

25. An amount of Rs 10000 becomes Rs 14641 in 2 years if the interest is compounded half-yearly. What is
the rate of compound interest p.c.p.a.? Aggarwal 24

26. In how many years will a sum of money 800 Rs. at 10% per annum compounded semi annually become
926.10 Rs? Aggarwal 28

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27. If the compound interest on a sum for 2 years at 12 2 % per annum is Rs. 510, the simple interest on the
same sum at the same rate for the same period of time is? Aggarwal 29 BB AD 2018

28. A sum of money is borrowed and paid back in two annual installments of Rs. 882 each allowing 5%
compound interest. The sum borrowed was? Aggarwal 62 Janata EO 2017
Aggarwal Math Easy Solution
 29. The sum of money which when given on compound interest at 18% per annum would fetch Rs 960 more
when the interest is payable half yearly than when it was payable annually for 2 years is? Aggarwal 63

30. The difference between simple interest and compound interest on a certain sum of money for 3 years at 5% p.a is
Rs. 122. Find the sum invested. Aggarwal 68

Practice
31. How much time will it take for an amount of tk.450 to yield Tk.81 as interest at 4.5 % per annum of
simple interest? Aggarwal 11 BKB Cash 2017
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32. At which sum the simple interest at the rate of 3 4 % per annum will be Tk 210 in 2 3 years? Aggarwal
18

33. A sum of money at simple interest doubles in 7 years. It will become 4 times in? Aggarwal 50

34. A sum of money at compound interest doubles itself in 15 years. It will become 8 times of itself in?
Aggarwal 52

35. In how much time would the simple interest on a certain sum be 0.125 times the principal at 10% per
annum? Aggarwal 56

36. The compound interest accrued on an amount of Rs 25500 at the end of 3 years is Rs 8440.50. What
would be the simple interest accrued on the same amount at the same rate in the same
period? Aggarwal 34

37. A money-lender borrows money at 4% per annum and pays the interest at the end of the year. He lends
it at 6% per annum compound interest compounded half-yearly and receives the interest at the end of the
year. In this way, he gains Rs 104.50 a year. The amount of money he borrows, is? Aggarwal 41

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38. The simple interest on a certain sum of money for 2 2 years at 12% per annum is Tk 40 less than the
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simple interest on the same sum for 3 2 years at 10% per annum. Find the sum. Ex 13 Pubali SO 2016

39. Find the sum of money which will amount to Rs 26010 in 6 months at the rate of 8% per annum when
the interest is compounded quarterly. Ex 9

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Answer: 31. 4 years 32. Tk 2400 33.21 years 34. 45 years 35. 1 4 36.7650 37.5000 38.800 39.25000

Aggarwal Math Easy Solution