Simple Interest and Compound Interest-Test 4

What is the difference between Simple Interest and Compound Interest on Rs
70,000 ar 20% rare of interest in one and a half year if Compound Interest is compounded half yearly.

Divide Rs 20,816 between A and B so thatA’s share at the end of 7 years is equal to
B’s share at the end of 9 years with compound interest being 4% p.a

Find the simple interest and compound interest of Rs 15000 at 20% rate of interest
after 3 years.

A man borrows Rs 8000 at 10% compounded rate of interest. At the end of
each year he pays back Rs 2200. How much amount should he pay at the end of
the third year to clear all his dues?

What sum of money at compound interest will amount to Rs 32000 in 3 years at the rate of interest 20% in first years, 16 (2/3)% in second year and 14 (2/7)% in third year.

The compound interest on a certain sum for 2 years is Rs. 786 and S.I. is Rs. 750. If the sum is invested such that the S.I. is Rs. 1296 and the number of years is equal to the rate per cent per annum, Find the rate of interest?

Hari took an educational loan from a nationalized bank for his 2 years course of MBA. He took the loan of Rs.5 lakh such that he would be charged at 7% p.a. at CI during his course and at 9% CI after the completion of the course. He returned half of the amount which he had to be paid on the completion of his studies and remaining after 2 years. What is the total amount returned by Hari?

Rs.20,000 was invested by Mahesh in a FD @ 10% pa at CI. However every year he has to pay 20% tax on the CI. How much money does Mahesh have after 3 years?

Leela takes a loan of Rs. 8400 at 10% p.a. compounded annually which is to be repaid
in two equal annual installments. One at the end of one year and the other at the end of
the second year. The value of each installment is?

A sum of money lent at compound interest for 2 years at 20% per annum would fetch
Rs.723 more, if the interest was payable half yearly than if it was payable annually. The
sum is ____

A sum of Rs.7140 is to be divided between Anita and Bala who are respectively 18 and
19 yr old, in such a way that if their shares will be invested at 4% per annum at
compound interest, they will receive equal amounts on attaining the age of 21 year. The
present share of Anita is

Suresh borrows Rs.6375 to be paid back with compound interest at the rate of 4 % pa
by the end of 2 year in two equal yearly installments. How much will each installment
will be?

A sum of Rs. 8400 was taken as loan. This is to be paid in two equal annual installments.
If the rate of interest be 20% compounded annually, then the value of each installment is

During the first year the population of a village is increased by 5% and the second
year it is diminished by 5%. At the end of the second year its population was 31500. What was the population at the beginning of the first year?

If Rs. 7200 amounts to Rs.10368 at compound interest in a certain time , then Rs. 7200 amounts to what in half of the time?

A part of 70000 is lent out at 10% annum. The rest of the amount is lent out at 5% per
annum after one year. The ratio of interest after 3 years from the time when first amount
was lent out is 1:2. Find the second part that was lent out at 5%.

There is 50% increase in an amount in 5 years at simple interest. What will be the
compound interest of Rs. 12,000 after 3 years at the same rate?

Karthik lends a certain amount to Vignesh on simple interest for two years at 20%.
Vignesh gives this entire amount to Kamal on compound interest for two years at the same rate annually. Find the percentage earning of Vignesh at the end of two years on the entire amount.

A man borrows 3000 rupees at 10% compound interest. At the end every year he
pays rupees 1000 back. How much amount should he pay at the end of the fourth Year to
clear all his debt?

Rahul saves an amount of 800 every year and then lent that amount at an interest of 10
percent compounded annually. Find the amount after 3 years.

Find the compound interest at the rate of 8% for 3 years on that principal which in 3
years at the rate of 10% per annum gives 300 as simple interest.

The difference between the total simple interest and the total compound interest
compounded annually at the same rate of interest on a sum of money at the end of two
years is Rs. 450. What is definitely the rate of interest per cent per annum?

The CI on Rs.6000 for 3 years at 8% for first year, 7% for second year, 6% for the
third year will be

Venkat and Vidhya have to clear their respective loans by paying 2 equal annual
instalments of Rs.30000 each. Venkat pays at 10% pa of SI and Vidhyapays at 10% CI pa. What is the difference in their payments ?

The difference between interest received by Vivek and Vimal is Rs.405 on Rs.4500 for
3 years. What is the difference in rate of interest ?