SSC/MATHS/201707/SIMPLE INTEREST/E&H/12

LECTURE-12
SIMPLE INTEREST ( )
Q.1. The simple interest on an amount of Rs.X at a certain rate after X years is Rs. X 2. Find the rate
of the simple interest.
X X X2
(A) 50% (B) 80% (C) 125% (D) 100%
Q.2. The simple interest on Rs.(x+2) at (x-2)% p.a. after 1 year is Rs.(3x/100). Find the value of the x.
(x+2) (x-2)% 1 (3x/100)
x
(A) 3 (B) 2 (C) 1 (D) 4
Q.3. If the simple interest on a certain sum of money at 20 paisa per Rs.1 per annum is Rs.2 after 5
years then find the amount invested.
20 1 5 2

(A) 2 (B) 3 (C) 4 (D) 5

Q.4. If the amount yielded after 15 years is 150% more than principle obtained then find the rate of
the interest charged.
15 150%
(A) 3% (B) 3.33% (C) 67% (D) 10%
Q.5. 2/3 of a certain sum of money is invested at 10% and the remaining at 12% p.a. Find the
rd

average rate of the simple interest.

10% 12%

(A) 10% (B) 10.67% (C) 12% (D) 10.33%

 rt

Q.6. The principle is increased by 10% and 1 100 is decreased by 2%. Find the percentage change
in the amount obtained.
 rt 
10% 1 100 2%

(A) +7% (B) -7% (C) +7.8% (D) -7.5%

Q.7. Rs.2500 becomes Rs.3200 at a certain rate of simple interest after 4 years. If the rate of the
interest is increased by 1.5% p.a. then find the amount obtained at the end of the 4 years.
4 2500 3200
1.5% 4
(A) Rs. 3350 (B) Rs. 3320 (C) Rs. 3200 (D) Rs. 3250
Q.8. If the invested amount is increased by 20% then simple interest is increased by 10%. Find the
percentage change in the time period of the investment at the same rate of the interest.
20% 10%

(A) -5% (B) 5% (C) -8.33% (D) -10%

Q.9. The amount on Rs.9000 at a certain rate is Rs.13500. If the principle is increased by 7%; the
amount obtained is increased by 14% then find the percentage increase in the simple interest
obtained?
9000 13500 7%
14%
(A) 25% (B) 28% (C) 22% (D) 26%
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 SSC/MATHS/201707/SIMPLE INTEREST/E&H/12
Q.10. A sum of money lent out at simple interest amounts to Rs. 720 after 2 years and to Rs. 1020 after
a further period of 5 years. The sum is-
2 720 5 1020

(A) Rs. 520 (B) Rs. 600 (C) Rs. 700 (D) Rs. 800
Q.11. Rs. 1000 is invested at 5% per annum simple interest. If the interest is added to the principal
after every 10 years, the amount will become Rs. 2000 after-
1000 5% 10
2000
2
(A) 15 years (B) 18 years (C) 20 years (D) 16
years
3
Q.12. A certain sum of money becomes three times of itself in 20 years at simple interest. In how
many years does it become double ot itself at the same rate of simple interest?
20

(A) 8 years (B) 10 years (C) 12 years (D) 14 years

Q.13. The ratio of the principle and the amount obtained after n years at a certain rate of interest is 4:5
and this ratio after (n+3) years at the same rate is 8: 11 Find the value of n.
n 4:5 n+3
8 : 11 n
(A) 6 (B) 5 (C) 4 (D) CND
Q.14. One third of a certain sum of money is invested at 6% per annum for 2 years, half of the
remaining is invested at 3% per annum for 5 year and the remaining at 3.6% per annum for 1
years. If the simple interest obtained is Rs.2040. Find the sum of the money invested.
6% 2
3% 5 3 6% 1
2040
(A) Rs. 23000 (B) Rs. 30000 (C) Rs. 20000 (D) Rs. 25000
Q.15. In two different schemes A and B same amount of money is invested. The ratio of the simple
interest obtained from these schemes after 3 years is 1:5 and the ratio of the amounts obtained
is 1: 4. Find the ratio of the rate of the interest of the scheme A to the scheme B.
A B 3
1: 5 1:4 B

(A) 1:5 (B) 2:5 (C) 5:1 (D) 3:5

Q.16. The simple interest on a certain sum of money at a certain rate after 2.5 years is Rs.250. If after 5 years
the principle becomes 1.5 times then find the total amount of the simple interest obtained at the end of
the 10th year.
25 250
5 15 10

(A) Rs. 1200 (B) Rs. 1300 (C) Rs. 1350 (D) Rs. 1250
Q.17. If the principle is increased by 10% the amount obtained is increased by 20% at a certain rate of
simple interest. Find the percentage increase in the simple interest obtained if the ratio of the
principle and amount is 3:4.
10% 20%

3:4
(A) 33.33% (B) 50% (C) 60% (D) 75%
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