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Maths With Aditya Patel Sir

Simple Interest
Class Room Sheet by Aditya Patel Sir

Type - 1
1-
Find the simple interest of a sum of Rs.
What is the simple interest (in Rs.) on a
80,000 at 20% for the time of 1 year 73
principal of Rs. 1440 for 3 years at the
days?
rate of 8% per annum?
(a) Rs. 19200 (b) Rs. 19300
(a) Rs. 345.6 (b) Rs. 230.4
By- Aditya Sir Winners
(c)Institute
Rs. 19000 (d) Rs. 19500
(c) Rs. 364.8 (d) Rs. 162.6

What is the simple interest on Rs. 5400 Find the simple interest of a sum of Rs.
in 5 years at the rate of 12% per annum? 𝟏
999990 at 𝟏𝟏 𝟗 % for 3 years?
(a) 2700 (b) 2950
(c) 3120 (d) 3240 (a) Rs. 333330 (b) Rs. 333340
(c) Rs. 111100 (d) Rs. 333030

Type - 2
Find the simple interest of a sum of Rs.
66,000 at 10% for the time of 2 years 6
month?
(a) Rs. 16000 (b) Rs. 16400 In what time will Rs. 1860 amount to
(c) Rs. 16100 (d) Rs. 16500 2,641.20 at simple interest 12% per
annum?
𝟏
(a) 3 years (b) 𝟑 𝟐 𝐲𝐞𝐚𝐫𝐬
𝟏
(c) 4 years (d) 𝟒 𝟐 𝐲𝐞𝐚𝐫𝐬
Find the simple interest of a sum of Rs.
85,000 at 15% for the time of 2 years 4
month?
(a) Rs. 29700
(b) Rs. 28750 𝟏
In what time Rs. 72 become Rs. 81 at 𝟔 𝟒%
(c) Rs. 29750
(d) Rs. 26500 per annum?
(a) 2 years (b) 4 years
(c) 5 years (d) 1 years

Find the simple interest of a sum of Rs.

54,000 at % for the time of 3 years 2
month?
(a) Rs. 19700 A man borrows some money at the rate
(b) Rs. 19000 of 12% per annum at simple interest.
(c) Rs. 16550 After 6 years 8 months, he would pay Rs.
(d) Rs. 19800
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720 as an interest. Find the amount Ratio of the principal and the amount
borrowed by him? after 1 year is 10:12. Then the rate of
(a) Rs. 900 (b) Rs. 960 interest per annum is?
(c) Rs. 920 (d) Rs. 1620 (a) 12% (b) 16%
(c) 18% (d) 20%

A sum of Rs. 400 becomes Rs. 448 at

simple interest in 2 years, In how many A person borrows some money for 5
years will the sum of Rs. 550 amount to years and the ratio of loan amount and
Rs. 682 at the same rate? total interest amount is 5:2. Then find the
(a) 2 (b) 3 ratio of principal and one year interest?
(c) 3.5 (d) 4 (a) 2 : 25 (b) 2 : 1
(c) 5 : 2 (d) 25 : 2
Type - 3

𝟏
A simple interest of 3 years at 12𝟐% per
If rate 15% per annum, time 2 years and
the amount received Rs. 1,17,000 So how annum is Rs. 3500 less than its principal.
many Rs. were lent? Find the simple interest?
(a) Rs. 90,000 (b) Rs. 80,000 (a) Rs. 2100 (b) Rs. 1400
(c) Rs. 7,0000 (d) Rs. 75000 (c) Rs. 6000 (d) Rs. 1600

Rate of interest 3.5% & Time 6 years.

Amount received Rs. 48,400 then find the
simple interest?
(a) Rs. 8400 (b) Rs. 8500
(c) Rs. 8800 (d) Rs. 8200 A person borrows Rs. 5,000 for 2 years
at 4% per annum simple interest. He
immediately lends it to another person at
𝟏
6𝟒% per annum simple interest for 2
years. His gain in this transaction is?
(a) Rs. 115 (b) Rs. 450
(c) Rs. 225 (d) Rs. 150
Albert invested an amount of X rupees in
a fixed deposit scheme offering 10% per
annum for 1st year and 15% per annum
for 2nd year and received an amount of
Rs. 20,240 after the two years. What is X
(in Rs.)? If the simple interest on a certain sum of
(a) 16000 (b) 16192 money for 15 months at % per annum
(c) 16200 (d) 16100 exceeds the simple interest on the same
sum for 8 months at per annum by Rs.
32.50, then the sum of money (in Rs.) is?
(a) 312 (b) 312.50

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(c) 3120 (d) 3120.50

Type -4 A man invest half of his capital at the rate

of 10% per annum, one-third at 9% and
the rest at 12% per annum. The average
rate of interest per annum, which he gets
is?
(a) 9% (b) 10%
(c) 10.5% (d) 12%
A certain sum lent for 5 years at 6% and
4% for the next 3 years and 3% for the
last 2 years. Thus at the end of 10 years,
the total interest obtained Rs. 24,000.
Find the principal?
(a) 50,000 (b) 46,000
(c) 80,000 (d) 10,000 If a man receives on one-fourth of his
capital 3% interest, on two-third 5% and
on the remaining 11%, the percentage he
receives on the whole is?
(a) 4.5% (b) 5%
(c) 5.5% (d) 5.2%

Nitin borrowed some money at the rate Type - 5

of 6% P.A. for the first 3 years, 9% P.A.
for the next 5 years and 13% P.A. for the
period beyond 8 years. If the total
interest paid by him at the end of 11
years is Rs. 8,160, the money borrowed
by him (in Rs.) was?
(a) 12,000 (b) 6,000 With a given rate of simple interest the
(c) 8,000 (d) 10,000 ratio of principal and amount for a
certain period of time is 4: 5. After 3
years with the same rate of interest. The
ratio of the principal and amount
becomes 5 : 7. The rate of interest is?
(a) 4% (b) 6%
(c) 5% (d) 7%
A person lends 40% of his sum of money
at 15% per annum. 50% of rest at 10% per
annum, and the rest at 8% per annum
rate of interest. What would be the
annual rate of interest if the interest is
calculated on the whole sum?
(a) 13.4% (b) 14.33% With a given rate of simple interest the
(c) 11.4% (d) 13.33% ratio of principal and amount for a
certain period of time is 3: 4. After 4
years with the same rate of interest. The
ratio of the principal and amount
becomes 7 : 12. The rate of interest is?
(a) 9.52% (b) 6.5%

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(c) 10.55% (d) 8.99%

Type - 6
A person lent Rs. 400 for 2 years, Rs. 550
for 4 years and 1200 for 6 years. The total
interest received Rs 1020. The rate per
annum is?
(a) 11% (b) 15%
A money lender claims to lend money at (c) 10% (d) 14%
the rate of 10% per annum simple
interest. However. He takes the interest
in advance when he lends a sum for one
year. At what interest rate does he lend
the money actually?
𝟖 𝟏
(a) 𝟏𝟏 𝟑 % (b) 𝟏𝟏 𝟗 % Kapil deposited Rs. 500 for 4 years and
𝟏 𝟖 Rs, 600 for 3 years at the same rate of
(c) 𝟏𝟎 𝟖 % (d) 𝟏𝟎 𝟑 % simple interest in a bank. Altogether he
received Rs. 190 as interest. The rate of
simple interest per annum was?
Type - 7 (a) 8% (b) 6%
(c) 5% (d) 9%

A certain sum of money become 6500 in Type - 8

5 years and 7100 in 8 years. Find the
principal?
(a) Rs. 5500 (b) Rs. 5600
(c) Rs. 5800 (d) Rs. 5400 A certain sum of money become 6 times
in 20 years. Find the rate of simple
interest?
(a) 23% (b) 20%
(c) 22% (d) 25%
A certain sum of money amounts to Rs.
𝟏
756 in 2 years and Rs. 873 in 3𝟐 years at
a certain rate of simple interest. The rate A certain sum at money 3.5 times for 10
of interest per annum is? years. Find rate of simple interest?
(a) 10% (b) 11% (a) 22% (b) 25%
(c) 12% (d) 13% (c) 16% (d) 22%

A certain sum of money become 4 times

The amount of 2 years on a sum is Rs. 𝟏
at 𝟖 𝟑 % per annum. Find time?
720 at simple interest and if it is lent for
5 years more it becomes 1020. Then find (a) 36 years (b) 15 years
the principal? (c) 17 years (d) 16 years
(a) Rs. 600 (b) Rs. 400
(c) Rs. 650 (d) Rs. 120

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The rate of simple interest per annum at A certain sum doubles in 7 years at
which a sum of money double itself in simple interest. The same sum under the
𝟐
𝟏𝟔 𝟑 % years is? same interest rate will become 4 times in
(a) 4% (b) 5% how many years?
𝟐 (a) 14 (b) 28
(c) 6% (d) 𝟔 𝟑 %
(c) 21 (d) 10

A sum of money become three times at A certain sum 3 times in 10 years at

the simple interest rate of 4% by at what simple interest. The same sum under the
percent rate will becomes it 6 times? same interest rate will become how may
(a) 9% (b) 10% times in 20 years?
(c) 11% (d) 12% (a) 4 (b) 5
(c) 6 (d) 7

A certain sum of money become 2 times At what rate percent per annum will the
in 5 years at S.I. while at another rate it simple interest on a sum of money be
becomes 3 times in 12 years. Find the 𝟒𝟏 𝟏
least rate of simple interest? at the principal amount in 𝟒 years?
𝟒𝟎
𝟏 𝟏 (a) 11% (b) 40%
(a) 𝟏𝟔 𝟑% (b) 𝟏𝟓 𝟑%
𝟐 𝟏
(c) 10% (d) 50%
(c) 𝟏𝟔 𝟑% (d) 𝟏𝟒 𝟑%

Type - 9
𝟏
If principal become , rate become
𝟐
𝟑 𝟏
and time become 𝟓 . Then find the
𝟒
A certain sum of money become 3 times difference percent of simple interest?
in 10 years. Then in how many years it (a) 25% (b) 44%
become 11 times? (c) 23% (d) 92.5%
(a) 50 (b) 52
(c) 48 (d) 51
Type - 10

A certain sum of money becomes 11

times in 20 years. In how many years it
A certain money lent at a fixed rate at
become 15 times?
interest for 2 years. If the interest rate
(a) 20 years (b) 28 years
had been 3% higher then S.I. would
(c) 16 years (d) 50 years
receive Rs. 1080 more. Find principal?
(a) Rs. 16000 (b) Rs. 17000
(c) Rs. 18000 (d) Rs. 15000

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interest is decreased by 20% then find

the amount after 5 years?
(a) Rs. 18000 (b) Rs. 14000
(c) Rs. 15000 (d) Rs. 17500
A sum of Rs. 400 amounts to Rs. 480 in
4 years. What will it amount when the
rate of interest is increased by 2%?
(a) Rs. 484 (b) Rs. 560
(c) Rs. 512 (d) None of these
A money lender finds that due to fall in
the annual rate of interest from 8% to
𝟑
𝟕 𝟒 % his yearly income diminishes by
Rs. 61.50. His capital is?
(a) Rs. 22400 (b) Rs. 23800
Rs. 800 becomes Rs. 956 in 3 years at a
(c) Rs. 24600 (d) Rs. 26000
certain rate of simple interest. If the rate
of interest in increased by 4%, what
amount will Rs. 800 become in 3 years?
(a) Rs. 1020.80 (b) Rs. 1025
(c) Rs. 1052 (d) Rs. 1050

A sum of Rs. x was put at simple interest

at a certain rate for 2 years. Had it been
put at 3% higher rate, it would have
fetched Rs. 300 more. The value of 4x is?
(a) Rs. 24,000 (b) Rs. 20,000
Rs. 2000 becomes Rs. 2600 in 5 years at
(c) Rs. 16,000 (d) Rs. 36,000
a certain rate of simple interest if the rate
of interest is 3% more then find the
amount in the same time period?
(a) Rs. 2600 (b) Rs. 2900
(c) Rs. 2950 (d) Rs. 2800

A certain sum in certain time become Rs.

10000 at the rate of 24% per annum SI
and the same sum amounts to Rs. 4000
Rs. 6000 becomes 7200 in 4 years at at the rate of 8% per annum SI in the
certain rate of interest. If the rate of same duration. Find the sum and time.
interest becomes 1.5 times then find the (a) Rs.800,35 yr.
amount? (b) Rs.600, 75 yr.
(a) Rs. 7800 (b) Rs. 8600 (c) Rs. 1600, 55 yr.
(c) Rs. 8400 (d) Rs. 8500 (d) Rs. 1000, 37.5 yr.

Simple interest of an amount for a period

of 12 years is Rs. 2400. If the sum triples
12000 becomes 21000 in 3 years at
after 3 years then what will be the
certain rate of interest. If the rate of
interest after 12 years?
(a) Rs. 6300 (b) Rs. 7200
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(c) Rs. 5600 (d) Rs. 6000

Type - 11 Three person Anand, Avdesh and Anil

invested different sum in a fixed deposit
scheme for one year at rate of 12% per
annum and earned a total interest of Rs.
3240 at the end of year. If the amount
invested by Avdesh is Rs. 5000 more
than amount invested by Anand and
invested by Anil is Rs. 2000 more than
amount invested by Avdesh. What is the
amont invested by Avdesh.
Ankur borrowed some money from (a) Rs. 12000 (b) Rs. 10000
Megha at 8% p.a. simple interest and (c) Rs. 7000 (d) Rs. 8000
twice the amount from Harshita at 9%
p.a. simple interest. He then added some Type - 12
more money of his own and lent the
entire amount to Shalini at 10% p.a.
simple interest. At the end of the year
Ankur gained Rs. 1400. If Ankut lent
40000 to Shalini, then how much did 𝟕
Ankur borrow from Megha. A sum of money becomes 𝟔 of it self in
(a) 20000 (b) 25000 3 years at a certain rate of simple
(c) 15000 (d) 10000 interest. The rate of interest per annum
is?
𝟓 𝟓
(a) 𝟓 𝟗 % (b) 𝟔 𝟗 %
(c) 18% (d) 25%

𝟐
In what time will the simple interest be 𝟓
Gaurav and Rohan invested some of the principal at 8 % per annum?
money at 6% & 7% per annum (a) 8 years (b) 7 years
respectively at simple interest. At the (c) 5 years (d) 6 years
end of 2 years they found that together
they receive Rs. 354 as interest. One
fourth of Gaurav’s initial investment is
equal to one fifth of the money invested
by Rohan. Find the total money that was On a certain sum the simple interest for
invested? 𝟏 𝟑
(a) 2200 (b) 2500 𝟏𝟐 𝟐 year is 𝟒 of the sum. Then the rate
(c) 2700 (b) 3200 of interest is?
(a) 5% p/a (b) 6% p/a
(c) 7% p/a (d) 8% p/a

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Winners Institute Indore. Maths With Aditya Patel Sir
𝟏𝟏 amount. Find the principal amount
If the amount of a sum is 𝟑 times of its
borrowed by A & B?
simple interest. If simple interest is Rs.
(a) 22000, 33000 (b) 20000, 30000
3600, then find principal?
(c) 25000, 30000 (d) 24000, 31000
(a) Rs. 9600 (b) Rs. 1500
(c) Rs. 1600 (d) Rs. 1800

𝟏𝟑 The sum of Rs. 18000 lent to A and B. The

If amount of a sum is 𝟒 times of its
rate of interest for A was 6% and 10% for
simple interest. If principal is Rs. 4500.
B. After 2 years they had to pay 20800.
Find amount?
Then find principal amount borrowed by
(a) Rs. 5500 (b) Rs. 4400
A and B?
(c) Rs. 6500 (d) Rs. 4300
(a) 8000, 10000 (b) 15000, 3000
(c) 10,000, 8000 (d) 14000, 4000
Type - 13

A sum of Rs. 10,000 is lent partly at 8%

Mr. Dutta desired to deposit his
and remaining at 10% per annum. If the
retirement benefit of Rs. 3 lacs partly to
yearly average interest is 9.2%, the two
a post office and partly to a bank at 10%
parts are?
and 6% simple interest respectively. If
(a) 6000, 4000 (b) 9000, 1000
his monthly interest income was Rs.
(c) 5000, 5000 (d) 4500, 5500
2000, than the difference of his deposits
in the post office and in the bank was?
(a) Rs.1,00,000 (b) Rs. 40,000
(c) Rs. 50,000 (d) Rs. Nill/’kwU;

A Sum of Rs. 30,000 lent to A and B at Type - 14

simple interest. The rate of interest for A
was 13% and 18% for B. After two years
they had to pay Rs. 39000 as amount
then find the principal amount borrowed
by A?
(a) 17000 (b) 18000
The simple interest on a sum of money
(c) 15000 (d) 12000 𝟏𝟔
is 𝟐𝟓 of the sum. If the number of years
equal to the rate of interest then find the
rate of interest?
(a) 8% (b) 7%
(c) 10% (d) 9%
The sum of Rs. 55,000 lent to A and B at
simple interest. The rate of simple
interest for A was 9% and 14% for B.
After 3 years they had to pay 74800

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The simple interest on a sum of money equal, Which is Rs. 4600. Find the sum
𝟒 he has invested in each investment.
is 𝟗 of the principal and the number of
(a) 4000 (b) 4500 (c) 3500 (b) 5000
years is equal to the rate percent per
annum. The rate per annum is ?

Anil lent out two equal sums in two parts

at the rate of 8% and 7% per annum on
simple interest. If the former is
The simple interest on a sum of money recovered 6 months earlier than the later
𝟖
is of the sum. If the number of year is so he received equal amount of Rs. 2560
𝟐𝟓
each from both the parts. Find the
numerically half the rate percent per
principal?
annum, then the rate percent per annum
(a) Rs. 4000 (b) Rs. 2000
is?
(c) Rs. 1000 (d) None of these
(a) 5 % (b) 4%
(c (d) 8%
Type - 16

The simple interest on a sum of money Rs. 52,000 invest into two part in a
is 9/35 of the sum. If the number of years scheme the first part was invested for 5
in numerically 5/7 times of rate percent years at the rate of 10% pa on SI and rest
per annum, then the rate percent per remaining part for 6 years at 9% pa. Find
annum is? invested sum of first scheme?
(a) 9% (b) 7% (a) 27000 (b) 25000
(c) 6% (b) 4% (c) 15000 (d) 20000

Type - 15

12,000 is divided into two parts such that

the simple interest on the first part for 3
years at 12% per annum will be equal to
the simple interest on the second part for
A certain sum was invested by a person 4.5 years at 16% per annum. The ratio of
on SI at 5% per annum. After 6 months the first part to the second part is?
he again made an investment of the (a) 2 : 1 (b) 1 : 2
same sum on SI at 6% per annum. after a (b) 2 : 3 (d) 3 : 2
certain period of time the amount
received from both investments are

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Type - 17

Rs. 51,000 was invested in 3 schemes.

The interest rate for all three plans is 5%.
Rs. 45000 was invested into three If the time duration for 1st plan is 5 years,
schemes. The first part was invested for for second plan 20 years and for third
3 years at the rate 2% and the second plan 30 years. The amount received from
part for 4 years at the rate of 3%. Third all three schemes are equal. Then how
part for 5 years at the rate of 4%. If the much invested in each schemes?
interest received from all three schemes (a) 24000, 15000, 12000
are equal, then how much money was (b) 16000, 25000, 10000
invested in each schemes? (c) 15000, 24000, 12000
(a) 19000, 25000, 1000 (d) 20000, 30000, 1000
(b) 25000,12500, 7500
(c) 18000, 20000, 7000
(d) 11000,16000, 8000

A father decided to divide Rs. 120000

between two son’s in such a way that
they both receive same amount after the
A person invest money in three different age of 18 years If rate of interest is 5%
scheme for 6 years, 10 years and 12 pa. Find the share received by his
years at 10%, 12% and 15% simple younger son?
interest respectively. At the completion (a) 62400 (b) 57600
of each scheme, he gets the same (c) 60000 (d) 57400
interest. The ratio of his investment is?
(a) 6 : 3 : 2 (b) 2 : 3 : 4
(c) 3 : 4 : 6 (d) 3 : 4 : 2

Type - 18

A father leat a will of Rs. 35 lakhs

between his two daughters aged 8.5 and
16 such that they may get equal amounts
Rs. 100000 invest into two part in a when each of them reach the age of 21
scheme the first part was invested for 4 years. The original amount invested of
years at the rate of 5% pa on SI and rest 10% p.a. Simple interest. How much did
remaining part for 2 years at 15% pa. If the elder daughter get at the time of the
amount received on both parts is equal will?
then Find invested sum of first scheme? (a) Rs. 17.5 L (b) Rs. 21 L
(a) 52000 (b) 48000 (c) Rs. 14 L (d) Rs. 20 L
(c) 55000 (d) 45000

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A and B borrowes Rs. 2,000 and Rs.

Type - 19 3,000 respectively at the same rate of
𝟏
interest for 𝟐 𝟐 years, If B paid Rs. 125
more interest than A, find the rate of
The principal which gives Rs. 1 interest interest?
per day at a rate of 5% simple interest per (a) 7% (b) 8%
annum is? (c) 6% (d) 5%
(a) Rs. 7000 (b) Rs. 3550
(c) Rs. 7300 (d) Rs. 7050

A man buys a TV priced at 16,000. He

The sum lent at 5% per annum (i.e. 365 pays 4000 at once and the rest after 15
days) simple interest, that produces months on which he is charged a simple
interest of Rs. 2.00 per day, is? interest at the rate of 12% per year. The
(a) Rs. 7300 (b) Rs. 3650 total amount he pays for the TV is?
(c) Rs. 7000 (d) Rs. 7,300 (a) Rs. 18.200 (b) Rs. 17,200
(c) Rs. 17,800 (d) Rs. 16,800

The simple interest on Rs. 7,300 from 11

may 1987 to 10 September 1987 (both
days included) at 5% per annum is?
(a) Rs. 123 (b) Rs. 103
(c) Rs. 200 (d) Rs. 223
A boy aged 12 years is left with Rs.
100,000 which is under a trust. The
trustees invest the money at 6% per
annum and pay the minor boy a sum of
Rs. 2500, for his pocket money at the end
of each year. The expenses of trust come
out to be Rs. 500 per annum. Find the
Tushar borrowed a sum of Rs. 12,000 at amount that will be handed over to the
15% per annum from a money lender on minor boy after he attains the age of 18
13th January, 2007 and return the amount years ?
on 8th June 2007 to clear his debt. Then (a) Rs. 125000 (b) Rs. 118000
the amount paid by Tushar to the money- (c) Rs. 150000 (d) Rs. 120000
lender to clear his debt was ?
(a) Rs. 15000 (b) Rs. 11,394
(c) Rs. 12,720 (d) Rs. 13,650

Type - 20

A person invests Rs. 12,000 as fixed

deposite at a bank at the rate of 10% per
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Winners Institute Indore. Maths With Aditya Patel Sir

annum simple interest. But due to some What equal installment of annual
pressing needs he has to withdraw the payment will discharge a debt which is
entire money after 3 years, for which the due as Rs. 848 at the end of 4 years and
bank allowed him a lower rate of interest. at 4% per annum simple interest?
If he gets Rs. 3320 less than what he (a) Rs. 212 (b) Rs. 200
would have got at the end of 5 years, the (c) Rs. 250 (d) Rs. 225
rate of interest allowed by the bank is?
𝟓 𝟒 𝟖 𝟕
(a) 𝟕 𝟗 % (b) 𝟕 𝟗 % (c) 7𝟗 % (d) 𝟖 𝟗 %

What equal annual installment will

discharge a debt of Rs. 3600 in 5 years,
If rate of interest 10%, then find each
installment?
(a) Rs. 600 (b) Rs. 500
𝟏 (c) Rs. 500 (d) Rs. 102
A owes B Rs. 2600, payable 𝟐 𝟐 yr hence.
If also B owes A Rs. 3180, payable 6
months hence. If they want to settle the
account forthwith, keeping 12% as the
rate of simple interest, then who should
pay whom and how much?
(a) Rs. 1500 (b) Rs. 2000
(c) Rs. 1000 (d) Rs. 3000 An sum of Rs. 16000 which was
borroewed 3 years ago hence is fully
repaid in 3 annal installmnent first
Type - 21 installment is half of the 2nd installment
and 2nd installment is 2/3 of third
installment. If the rate of simple interest
is 10% per annum. Find the value of
second installment.
(a) Rs. 7000 (b) Rs. 6000
After 5 years Rs. 770 was paid in 5 (c) Rs. 7500 (d) Rs. 6500
annual installment. If the rate of SI is 5%
per annum. Find out the amount of each
installment? Type - 22
(a) Rs. 140 (b) Rs. 160
(c) Rs. 170 (d) Rs. 180

A pen can purchase in Rs. 100. It is also

purchased in 11 equal monthly
installment at Rs. 10. Find rate at simple
What annual installment will discharge a interest?
debt of Rs. 6450 due in 4 years at 5% 𝟗 𝟏
simple interest? (a) 𝟐𝟏 𝟏𝟏 % (b) 𝟐𝟑 𝟐 %
𝟏 𝟏
(a) Rs. 1500 (b) Rs. 1835 (c) 𝟐𝟑 𝟐 % (d) 𝟒𝟓 𝟑 %
(c) Rs. 1935 (d) Rs. 1950

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Winners Institute Indore. Maths With Aditya Patel Sir

A man borrow 9000 Rs. on a condition

such that he will discharge a debt of Rs.
Type - 23
1000 in 10 month. Then find rate of
simple interest?
𝟏 𝟏
(a) 𝟐𝟔 𝟑 % (b) 𝟐𝟖 𝟑 %
𝟐 𝟏
(c) 𝟐𝟔 𝟑 % (d) 𝟐𝟖 𝟐 %
Ram lent Rs 7680 to 3 persons A, B and
C at the rate of 15%, 12% and 10%
respectively. If he gains Rs. 960 at the
end of year then find the amount lent to
A?
(a) 1680 (b) 1550
(c) 1920 (d) 2020
A mobile can be purchased on cash
payment of Rs. 1500. But the same
mobile can also be purchased on the
cash down payment of Rs. 350 and rest
can be paid in three equal annual
installment of Rs. 400 for next three Rs. 1000 is invested at 5% per annum
years. Find the rate of simple interest? simple interest. If the interest is added to
𝟐 𝟐
(a) 𝟐𝟒 𝟑% (b) 𝟑𝟔 𝟑% the principal after every 10 years, then
𝟐 𝟐 after how many years amount will
(c) 𝟐 𝟗% (d) 𝟒 𝟑% become Rs. 2000?
(a) 15 years (b) 18 years
𝟐
(c) 20 years (d) 16 𝟑 𝐲𝐞𝐚𝐫𝐬

The market price of refrigerator is Rs.

10000. It is available on a cash down
payment of Rs. 2000 and 9 monthly
installment of Rs. 1000 each. Find the
rate of installment?
𝟏 𝟏
(a) 𝟑𝟎 𝟑 % (b) 𝟑𝟐 𝟑 %
𝟐 𝟏
(c) 𝟑𝟎 𝟑 % (d) 𝟑𝟑 𝟑 %
Out of Rs. 50000 that a man has, he lends
𝟏
Rs. 8000 at 𝟓 𝟐 % per annum simple
interest and Rs. 24000 at 6% per annum
simple interest. He lends the remaining
money at a certain rate of interest so that
he gets total annual interest of Rs. 3680.
The market price of watch is Rs. 10000. It The rate of interest per annum, at which
is available on a cash down payment of the remaining money is lent, is?
Rs. 2000 and 2 monthly installment of (a) 5% (b) 7% (c) 10% (d) 12%
Rs. 4500 each. Find the rate (approx.) of
installment?
(a) 101 % (b) 104 %
(c) 102 % (d) 106 % &&&&&&

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