x
SI & CI
01
Important Terms # =
P + I
A =
P +
Pts
-
100
=])
P xt
PX2 %
[1 +
t In
PXtX
#
I I =
x100
-
Eter
I
2 %
A
-
1) The amount to be paid, when principal = Rs. 2000, rate of simple
-
interest (R) = 5%, T = 2 years, is :
(a) Rs. 3,200 5% T = 2
P=
2000 ,
w =
(b) Rs. 2,400
(c) Rs. 2,200
+
-
(d) Rs. 3,400 A
= p[1
= 2000 [ .1 + zx5]
100
-
2000X
T
= 2200
-
-
1) The amount to be paid, when principal = Rs. 2000, rate of simple
interest (R) = 5%, T = 2 years, is :
(a) Rs. 3,200
(b) Rs. 2,400
2000
E I
(c) Rs. 2,200
- 10 %
2x5 =
(d) Rs. 3,400
100 % =
P = 2000
110 % 2000x
-
-
2200
-
~
2) The sum of money that will yield Rs. 60 as simple interest at the rate
-
of 6% per annum in 5 years is
(a) Rs. 200
-
x5 30 %
6 % =
(b) Rs. 225
(c) Rs. 175
30 % 60
(d) Rs. 300 =
P = 100 % = XI0
30
zo
3) Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple
interest. If the rate of interest is increased by 4%, what amount will
800 become in 3 years ?
(a) 1020.80 956 800
P = 800 Az =
(b) 1025 /
(c) 1052
- 8x+ 4 %
P 956
+ 31 =
(d) 1050
I
956 + 96
3x4 % = 12 %
= 1052
-
-
800X1 =
96
3) Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple
=
interest. If the rate of interest is increased by 4%, what amount will
800 become in 3 years ?
(a) 1020.80
(b) 1025 p(1 + ) = A
(c) 1052
(d) 1050 800 (1 +
) = 95
800 (It
30
100
+
4))
800 (1 +
32
800 (1 + +
Soo (1 + 3) +
80x
=
=
956 + 96
= 1052
-
-
4) The sum lent at 5%
=
per annum (i.e. 365 days) simple interest, that
produces interest, of Rs. 2.00 per day, is
-
(a) 1,400
# 2x365
(b) 14,700 =
(c) 14,600
-
I 730
(d) 7,300 5%
20
3
100 % =
X
=
14600
-
5) In what time will 8,000, at 3% per annum, produce the same
interest as 6, 000 does in 5 years at 4 % simple interest ?
- -
--
-
(a) 5 years 2 R
(b) 6 years 8000x + x0 =
600x5x
(c) 3 years
(d) 4 years t = 5
-
-
6) How much simple interest will Rs. 4000 earn in 18 months at 12%
per annum?
- - -
- 12m-> 1 ye
(a) Rs. 216
(b) Rs. 360
(c) Rs. 720
-
4000x X Im + 1
12
.
ye
(d) Rs. 960
720
-
-
O
7) A certain sum becomes Rs. 840 in 3 years and Rs. 1200 in O7 years at
simple interest. What is the value (in Rs.) of the principal?
-
(a) 520 Q
P + 31 840
Az
-
= =
(b) 570
-
(c) 620 71 1200
p + =
(d) 670 Az =
-
360
4 =
I = 90
270
840
p +
=
270 = 570
840
-
p = -
-
8) In how much time (in years) will Rs. 7200 amount to Rs. 8928 at
simple interest at the rate of 8% per annum?
(a) 3
-
P 7200
A = 8928 =
(b) 4
(c) 2
I =
8928-7200
(d) 6
= 1728
7200x
+
x =
1728
t = Es = 3
Ezxy
9) A person borrowed Rs. 1,200 at 8% p.a. and Rs. 1,800 at 10% p.a. at
simple interest for the same period. He had to pay Rs. 1,380 in all as
interest. Find the time period.
-
-
(a) 4 years 1200 1800 1200x
(b) 10 years 10 %
8 %
(c) 6 years
t
(d) 5 years
-
t
-
Text + 180 xt
=
1380
1380
276t =
5
1380
t =
#
10) A sum of money invested for 2 years and 9 months at the rate of
8% simple interest per annum became ₹732 at the end of the period.
What was the sum that was initially invested? 3
(a) ₹ 600
%
2
x+ = 22 %
2 +
*
(b) ₹ 575
(c) ₹ 550
(d) ₹ 585 732
A
-
> 122 % =
6
732
P -> 100 % -
- X100
122
= 600
-
-
11) At 6% simple interest per annum a sum of money became ₹ 834 in
6½ years. The sum initially invested was:
3
(a) ₹ 650
(b) ₹ 600
-
6%
x = 39 %
(c) ₹ 675
(d) ₹ 626 139 % = 834
A+
6
P -> 100 % =
x
= 600
12) When two equal amounts are deposited for 5 years and 3 years at
the rate of 7% and 9% per annum respectively, and the difference of
- -
their simple interests is Rs. 475, then find the deposited amount.
-
(a) Rs. 6,037.5
(b) Rs. 5,992.5
P Pr
1500
3 S
~
(c) Rs. 5, 937.5 5
5
(d) Rs. 5,837.5 -5937
.
7% 9 % =
-
-
-
27 %
35 %
-
Px8 % > 475
-
100 % ->
15 X
13) In a certain time, a sum of money becomes five times itself if the
rate of the interest is 16% per annum. Then the certain time (in years)
-
is: =
(a) 32
R 5x
(b) 38
(c) 25
-
-
(d) 30 I =
4x
2xx + x
X = 40
t =
10 -
-
25
-
-
14) A sum amounts to double in 8 years by simple interest. Then the
rate of simple interest per annum is
-
(a) 10%
(b) 12.5% > 2x
-
-
x
(c) 15% S
(d) 20%
x
I =
a
* x 8x Foo =
5%
10 12
.
=
u =
-
15) The rate of simple interest for which a sum of money becomes 5
times of itself in 8 years is : -
-
(a) 30% g
(b) 40% 5x
x -
(c) 50%
- -
(d) 55%
4x
2
= (x
x x8 x
100
=
u =
10 -
-
50
-
-
%
16) In a certain time, the ratio of a certain principal and the simple
interest obtained from it are in the ratio 10 : 3 at 10% interest per
-
annum. The number of years the money was invested is
(a) 1 year 10 X 10 % =
I
P I
(b) 3 years
-
(c) 5 years 10 : 3
(d) 7 years
3
- 3 year
T
-
-
-
x
+ 3
(x =
476
-
- P = 6076 -
*
-
=
5600
-
#917 X
-
P + I 6076 -
A -
-
=60
&
7504 #2
P + 41 =
At =
31 1428 =
8 .
5%
I =
476
