14. Simple Interest 1, A person borrows 5000 for 2 years at the rate of 4% per annum of simple interest and lends it (0 another person for 6 years at an annual rate of 6.25%. Find the profit received by him every years. (@ T1s0 (b) T112.50 (©) %167.50 (@)_%125 RRB JE - 22/05/2019 (Shift [Ans = (b) [2 years simple interest at the rate of four percent on] fes000, 5000%4%2 100 Simple interest = 7400 Simple interest eu} ‘Simple interest of one year = 200 I2 years simple interest at the rate of 6.25% on 5000. 0006.25 «2 100 = 50 « 12.50= 2625 ‘Simple interest Simple interest ifone year = Be 231250 Profit = 312,50 - 200 = 112.50 |A person gains €112.50 by lending to another person at 6.25% interest instead of 4% per annum. 2. After 10 years the simple interest on a sum of money will be 600. If the principal is increased thrice after 5 years, what will be the total interest after 10 years? (@) 3300 () 900 (©) 21200 (8600 RRB JE - 23/05/2019 (Shift-M1) RRB JE - 25/05/2019 (Shift. PxRxT 100 |Ans : (c) Simple interest of 10 years = _PxRx10 £600: = PR = 6000 |According to the question, |Total simple interest = Five year's Sl, + five years SI, ‘What is the simple interest received at 22400 in 4 years 6 months at the rate of 4.5% per (@) 2486 () 816 (©) 7796 (d)_%926 RRB JE - 24/05/2019 (Shift-I) [Ans : (a) Given simpte interest ($1) = PRT 24004 5%9 _ yo 1002 Principal (P) = % 2400 Rate (R) = 4.5% ‘Time (T)=4 years 6 months £ Find the ratio of simple interest of 4 years and 8 years for a particular amount at a fixed rate. @ 1:2 (b) 2:1 ©) 2:3 @ 1:4 RRB JE - 30/05/2019 (Shift-U 5. In two different schemes, find the ratio of simple interest received from the same amount invested at the same rate for 6 years and 10 years respectively. (@ 4:3 (b) 3:5 (©) 4:5 (a) 3:4 RRB JE - 29/05/2019 (SI [Ans (6) PXRx6 —_100__ PxRx10 100 rea i, 10S Su:8.b=3:5 PAR , 5x3PXR _ pp 20. 6 — Find the simple interest Irom 5 February 2017 100 100 100 to 19 April 2017 for an amount of 25000 at the 20 rate of 25% annual interest = 600% 709 1200 (a) 762.50 (b) %48.50 Z (c) 264 (@) 780 Hotell Simple imierest =t 1200) RRB RPF SI - 10/01/2019 (Shift-1) Simple Taterest a YerAns : (a) Rate = 6.25%, Amount = 7 5000 Bean oy Tae vatsers 7 7 Ata fixed simple interest, the sum of €B00 becomes 2956 in 3 years, I the rate is increased Simple interest 625 by What will be the increase in investment? (a) @ 108 &) 796 (c) © 1052 @ 7 RRB JE - 28/06/2019 (Shift PxRxT Jans. (b) $1 ns. (b) 7 |Amount ~ Principal = 956-800 = 800*Rx3 100 156 xRx3 ‘Again Rat increased 10 4% = +4 Lg = 80021%3 _ 5) 100x2 increase investment = 252-156 = 296 8. How much interest will be received on the simple interest of €3680 at 4% annual simple interest rate in 2.5 years? (a) 8368 (&) 2 (© t184 (@ 274 RRB RPF Constable - 17/01/2019 (Shift-t11) [Ans. (a) : Principal = ® 3680 Rate = 4% -3680%4x2.5 100 368 9. What will be the interest received in 2 years and 3 months at 2500 at the rate of 6% annual interest? (@) €423.50 (b) & 445 (c) © 337.50 (d) &375 RRB Group-D — 05/10/2018 (Shift-1) 3.9 [Ans. (c):2 year 3 months = 2+2= 2 Years (©):2 ye +34 PxReT Simple intrest aa 100 2500x6%2, Interest received = 4 100 915 -¢ 337.50 2 How much interest will be received in 10 years ‘on the amount of 1600 if the rate of intrest is 10. 7.25% per annum? (a) & 1240 (b) & 1160 (©) % 1220 (@) & 1180 RRB Group-D — 20/09/2018 (Shift-) [Ans. (b): Principal = 81600 Time = 10 Years Rate = 7.25% PxRxT _1600%7.25x10 10 «00 = 16 «107.25 = T1160 Divide %6,600 into two parts such that the simple interest received on the first part at the rate of 10% per annum for 3 years is equal to the simple interest received on the second part ‘at 9% per annum for 4 years. (a) 3600, 3000 (b) 4000, 2600 (©) 5000, 1600 (@)_%6000, 600 RRB Group-D - 31/10/2018 (Shi Simple interest = i [Ans : (a) Suppose first part x 6600 is abstract then Second part = (6600 —x) ‘According to the question, x 3210 | (6600-1) A 00 100 First part, x=® 3600 Second part, 66003600 =% 3000 12, Sarathi deposited €3125 in @ bank on which 8% simple interest was payable annually by the bank. If sarathi puts the money in the bank for 5 years, how much interest will be earn? (@) 1,290 (&) €1,250 (© 1240 (a) 1280 RRB Group-D ~ 28/09/2018 (Shift [Ans. (b) PxRxT simple interest = ple iterest =P According tothe question- simple interest = 3125%8%5 _¢ 159 100 Simple Interest 272 YCT13. What will be the interest in 5 years at 74600 at the rate of 4.5% annual simple interest? (@ @ 1,020 (b) © 1,025 (©) ©1035 (@) T1045 RRB Group-D ~ 28/09/2018 (Shift ‘Ans : (c) Principal = © 4,600 , Rate = 4.5% Annual, Time = 5 Years, interest 14, 5.25% simple interest per annum will earn an interest __ in 8 years on an amount of €3250. (@) F125 (b) 1,395 (©) @ 1,365 (@) 1465 RRB Group-D — 03/10/2018 (Shit ‘Ans : (e) Interest Rate = 5.25% Principal Amount = 3250 Time = 8 Years = PxRxT ‘Simple interest 15. Akshay borrows €3000 at the rate of 6% simple annual interest for 2 years and lends the same amount to his friend at 9% annual simple interest for 2 years. How much will akshay benefit ina year? (@) 790 (b) 180 (©) 120 (@)_ 150 RRB Group-D ~ 25/09/2018 (Shift-1 ‘Ans : (a) Simple interest of amount taken by Akshay 300062 100 = 3360 ‘Simple interest on money given to a friend _ 3000x9x2 ~~ 100 = 3540 540-360 180 Simple interest Akshay profits in two years Profit in a year 16. An interest on an amount borrowed at an annual rate of 6% in x years is 1/3 of its principal. Find x. 5 2 a) 52 b) 4 @ 55 © 455 3 3 oF @) 5> © 6 @ sy RRB NTPC 03.04.2016 Shift : 2 [Ans :(@) Suppose Principal= P from the question- Px6xx _1 tp 100 = ox 100 ax=2sx 17, What is the ratio of simple interest earned on certain amount at the rate of 12% for 6 years and that for 12 years? (a) 1:2 (©) 3:4 (b) 2:3 (@) 4:5 RRB NTPC 30.03.2016 Shift: 1 [Ans : (a) Suppose certain Amount = &x x12x6_ 72x *, Simple interest for 6 years 100” 100 xx1212 _ dx Simple interest for 12 years = 2212812 _ Mx a a 100 100 s, Intended ratio 18. Find the simple interest on Rs. 50 for 6 months at the rate of 10% per months. (a) 235 (e) 240 (©) 25 (@) %30 RRB NTPC 18.04.2016 Shift: 1 PxRXxT 100 ‘Ans: (d) simple interest = 50106 _ 500%6 =% 100 100 19, Ata certain rate of y principal becomes 1052 in the smae period, what is the percentage of increase in the rate of interest? (a) 1% (b) 4% ©) 5% (@) 9.5% RRB NTPC 16.04.2016 Shift : 2 [Ans :(b) Interest = Amount ~ Principal = 956800 = 2156 PxRxT [According to the second deondition, suppose growth] rate in Hence rate increaed by 4 Simple Interest 273, YCT20, Find the total simple interest on © 500 at 7% per annum, on % 700 and 10% per annum and 21000 at 4% per annum for 3 years. @) 435 () 300 © 700 (1000 RRB NTPC 12.04.2016 Shift:3 PRT Jans (a) si.—PRT OS 90 si 52793 gg 00 700310%3 Sh = MIS 210 sty = 1000 129 100 “S1=S1q)+S1q+S10) 05 = 210% 120=€4 21, Find the approximate simple interest on € 2000 from March 9, 2010 to May 21, 2010 at 825% per annum. (a) %3 © 33 ) 37 (@) %40 RRB NTPC 12.04.2016 Shift : 3 [Ans : (c) From question Principal (P) =%2000 Annual Interest Rate (R) = 8.25% days number till 9® march, 2010 to 21" 22430421 100 20008257: 100%100%365 22, Rita invested a sum at 2.5% rate for 4 years. Sita invested the same amount at the same rate for 6 years. What is the ratio of the simple interest earned by Sita to that earned by Rita? (@ 3:2 (b) 2:3 @ 1:3 @ 1:4 RRB NTPC 28.04.2016 Shift : 2 ‘Ans : (a) Suppose amount is &x 4 Simple interest for Rita = "*2:5*4 10010 Simple interest for Sita = ™*25%6 _ 3x 00 20 Intended ratio 23,__The interest earned on € 3,675 at the rate of 4% simple interest per annum for 2 years will be? (a) 289.50 (b) & 292 (©) 294 (@) © 288.50 RRB ALP & Tec. (31-08-2018 Shit PxRxT 100 367542 100 ‘A sum of @,000 invested at the rate of 8.5% simple interest per annum for 6 years will yield an interest of: (a) 2935 (b) €1,020 (©) %10 (@) 11275 RRB ALP & Tec. (31-08-2018 Shift-II1) PxRxT 100 2000%8.5%6 100 Tx invested at 9% simple interest per annum for 5 years yields the same interest as that on fy invested at 7.5% simple interest per annum for 4 years. Find (@) 45:30 (b) 2:3 (©) 16:15 @ 8:9 RRB ALP & Tec. (30-08-2018 Shift-I11) PxRxT 100 |Ans. (c): simple interest =. 294 a, Ans : (b) simple interest = 1020 y- [Ans : (b) «SI Xx9xS _yXT.Sx4 [According tothe question, ereues 100-100 %6, deposited Rs, 825 in a bank that promised 8% simple interest per annum. If Saathi kept the money with the bank for 5 years, she will earn an interest of : (@) 280 (b) €330 (©) 2290 (@) %480 RRB ALP & Tec. (20-08-2018 Shift-1) PXRxT ‘Ans: (b) Simple interest ns : (b) Simple interes ion imple interest = 25%82S _ $252 _ 1650 100 3 3 ‘Simple interest = €330 27. What will be the amount received in 6 years at simple annual interest rate of 7.6% at 21,640. (a) 2750 (by 3748 (©) e742 (@) 2738 RRB Group-D — 25/09/2018 (SI [Ans : (d) Principal = © 1640 ift-1) Rate = 7.5% Annual Time 640% 7.5%6 imple interest = eae LA? ‘Simple interest i ‘Simple interest =& 738 Simple Interest 274 YCTyee If the amount of €750 becomes 1000 in 5 years at simple interest, then how much will it be in 10 years at simple interest? 28. (@) € 1750 (6) € 2000 (©) 81250 (@) ©1500 RRB JE - 02/06/2019 (Shift Ans, (c) simple interest = P* RT oan 100 asp 2 250xRxS 100 R=2013% Second simple interest = 750% 20/310 700 Simple interest = 500 Total Amount = 750 +500 = 1250 ‘A sum of money was invested at a fixed rate of| simple interest for 10 years. If it had been invested at a 5% higher rate, the interest would hhave been 21200 more. Find the amount. (a) % 2500 (b) % 2000 (©) = 3000 (a) _% 2400 RRB JE - 26/06/2019 (Shift [Ans. (d) Suppose Amount = & x Rate of Interest DB, % Ifrate of interest are 1% then, PxRxT ‘Simple interest = 100 _ exrx10_ mx 100 10 Ifrate of interest are (r+ 5)% then, xx(F+5) x10 _ e+ 5x, Simple interest 100 10 According tothe question, BASF ya9p 0 10 SKM 599 10 50 0 x=% 2400 30,2 years simple interest on an amount is €400. If ' was 4% more than the simple interest would have been 7400 more. What is the original “According to the second condition = 400-2490 = PxE+ A)? 100 so =PxE+4x2 Gy 100 |On division of equation (i) in (ii) S1x100 _ 400%100 ter 2x4 1. A seem of €26000 is divided into two amounts in such a way that 5 years simple interest at the rrate of 10% one part is equal to simple interest. of 6 years at the rate of 9% on the other part. Find the amount invested for 5 years at the Iso P 5000 rate of 10%. (a) 715000 (b) 12500 (©) %13500 (d@)_ 14000 RRB JE - 24/05/2019 (Shift-I [Ans : (c) Let first amount Time = 5 Years Rate 10% land second Amount = & (26000=x) Time = 6 Years Rate = 9% |According to the question- [Simple interest of first amount second amount XX5x10 _ (26000—x)x9x6 ‘Simple interest of 26000%54 104 Hence invest amount for 5 years at the rate of 10% =| [z13500 32, An investment of €16000 at 8% simple interest for 1 years and another investment at 18% simple interest for the same period, yields a profit of 10% on the total investment. Find the {otal amount invested. (a) 22000 (©) %20500 (b) 20000 (@)_ 318000 RRB JE - 27/05/2019 (Shift-I1L [Ans : (b) Suppose second investment = & P [From question 16000%8%1 , Px18x1 (1000+ P)10 100" 100 100 amount. 9p P (@) © 4000 (©) € 12000 1280+ 55 =1600+5 (©) = 5000 (a) = 10000 eee RRB JE -22/0572019 Shift || 320-27 —F [Ans = (@) Suppose principal = €P, Rate =1% A According to the first condition 50 320 0-222 Gy P= 4000 100 otal investment = 16000+P = 16000 + 4000 =%20000 Simple Interest, 25 ver33. If 18 months simple interest at 7.5% per annum on an amount is 32.50 more than 8 ‘months simple inerest at 12.5% annual rate on the same amount, find that amount. (@) 73000 (b) 3060 (©) %3120 (@)_ % 2900 RRB JE - 29/05/2019 (Shift-I0 [Ans : (©) Suppose that Amount is® P| Px7Sx15_Px125x8 100x12100«12 IP, + Ps + Ps = 2600 25x +508 , 258 _ 2600 32 =3250 P (112.5-100) =32.50 1 +1004 75x Toox12 150x +100x+75% _ 5699 Pxi2s 6 Px 125 =325 « 100% 12 25x = 2600 x 6 _ P=83120 34, The simple interest charged in 2 years on any |[P1= 25x =25 x 48 =%1200 onay tonsa at na sof Pk per same |, 5-50, ge eng is the same as the amount of 4 years at 5% per 3 3 annum for an amount of 21750. Find the|| 95. 95 amount. Pao = x48 = 7600 (@) 71800 (0) 1600 eae en eat 36. A fixed seem of money was Invested for 5 years aT ag REE MASAO SDY Feat 0% ihe et mold hve : gained 22000 more. What was the principal XXxTx2 _1730x54 (@) 23500 (&) 24000 100 100 (©) 4500 (@_ 25000 1750%5%4 _ e509 RRB RPF Constable 22/01/2019 (Shift Tx [Ans : (b) Suppose Principal =P Rate =R% Time 35, Pi, Pz and Py are invested at 4%, 6% and 8% ||=5 Years respectively in such a way that the simple | From question- interest received from all the three amounts at the end of the year is equal. If the sum of the Px(RHO)x5 _PeRxS three invested amounts is %2600, find the values ny noo) of Pi, P2 Ps respectively. SPR4SOP_SPR _ 999 (a) 71100, 7800, % 700 100 100 (b)_ 1200, & 600, 800 (©) %1000, & 900, & 700 ieee 1000 (@)_ 1200, & 800, & 600 i) RRB JE - 28/05/2019 (Shift 50P 3090 [Ans = (@) Simple interest is equal to P,, P:, Py and time| 100 is also equal, P= 2000x2=%4000 Let simple interest (S.1) = %x 3 Irime (T) = 1 Years 37. At the end of 3 years at 6% simple interest For Py per annum, a sum of €2940 is received. What RxT si= was the amount invested? 100 (a) 22,350 (b) 2,400 Pxdxd (©) %2,550 (@) 22,600 0m RRB RPF SI — 11/01/2019 (Shift-111 P, = 25x [Ans : (b) Rate = 6% For P: Pix 6x1 Time = 33 Years = S years 4 4 |Amount = 82940, Principal Simple Interest 276 YCT|Amount = Principal 100 6x15 RatexTime , 1] a Sushmita takes an annual rate of 7900, at 6% simple interest, how much amount will she have to returen after 4 years? (a) 2261 (b) T1161 (©) U6 @) 216 RRB NTPC 26.04.2016 Shift : 2 Ans: (©) Simple interest = P*R*T 900x6x4 200x624 _ 100-76 Simple interest + Principal 2167 900=€1116 2400 Hence amount invested = % 2400 38, The interest earned on the money invested for 6 years at a simple interest rate of 9.5% per a, Find out the principal which becomes 81000 in a months at 8% annual rate of simple interest? (@) 7781.40 (b) 2981.40 (©) 2943.40 (@)_2843.40 RRB NTPC 28.03.2016 Shift : 3 annum was %456. What was the amount invested? (@) © 750 (b) @775 (©) %800 (a) 850 RRB RPF Constable — 19/01/2019 (Shit ‘Ans : (¢) Given- simple interest Rate (R) = 9.5% 456 ‘Ans : (€) Suppose Principal Simple interest % (1000 ~ x) =1000-x 2943.40 Time (T)= 6 Years en 2. ple interest for © years at simple interest 2 100 an annual rate of 12% is %50 less than the aun cca aco interest on the same sum for Fears at an = Principal = 5 annual rate of 10%. Find the sum. Principal = & 800 (@) & 1,500 (b) € 1,000 os Theses UST eS io (©) % 2,000 (@) 1200 . An amount becomes €457 in 8 years an RRB Group-D ~ 18/09/2018 (Shift Find the value rupees) of the sum. (@) 500 (b) 280 (©) 340 (@) 420 RRB Group-D ~ 06/12/2018 (Shit [Ans. (e): Suppose Principal = & P land Rate = 1% per y |, PxSer P = 457...) in 10 years at the same simple interest rate. | Gy b) : Let Amount =% P ‘According to the question, Pxl0x7_Px12x5 _ 100x2 Px30 100100 PxS 100 P=2 1000 Px10x: 100 [subtracting equation (i) from equation (i) PxrxS 100 P. P+ 74. (ii) 17= At the rate of 8% simple Interest, a amount becomes 2924 in 6 years. What amount was deposited initially. (a) & 626 (b) % 650 (©) %600 (@_& 675 RRB Group-D — 03/10/2018 (Shift) =p) from equation (i) +117 .P=457-117 = 5340 ES Ans: () Rate = 8%, Time =62 Years Amount =8 924 a=r(1eBt) 100. Simple Interest 277 YCTsn4=P( 1+ is) 4100 27 924= (162) ee 92450, 7 Deposite amount (Principal) in the starting = % 600 44, The difference of interest of 4 years at the rate of 12% per annum simple interest on a sum of| money and 5 years interest at the rate of 9% per annum simple interest on the same amount is 8412.50. What is the sum? (@) 213,900 (b) 7 14,630 (©) 714,080 (@ 213,750 RRB Group-D — 03/12/2018 (Shift-11) [Ans : (@) Suppose that amount is &x According to the question- I2xd4xx _9xSxx = 412.50 100-100 48x — 45x = 41250 3x=41250 x= 13750 So that amount is 213750. 45. _A person has ©2000. He gives a portion of the amount at 5% simple interest rate and the remaining amount at 4% simple interest rate. After one year he earns 296. What amount did he pay at 4% interest rate? (@) 500 @) 480 (©) 400 (@ 420 RRB Group-D ~ 26/10/2018 (Shift [Ans : (6) Let amount given at 4% Interest Rate ‘Amount given on 5% = (2000-x) According tothe question, xxAxl , (2000=x)x5x1 100 100 4x, 2000%5~5x 100" 100 =x , 10000 _ 100 "100 100 Hence amount given at 4% interest rate = @ 400 46. 600 was given (0 two persons, of which the first one was given at 5% annual interest rate and the second one at 10% annual interest rate. After one year, the sum of interest of both is 40. Find the amount given to the first person. (@) & 400 (b) % 420 (c) & 380 (@ % 200 RRB Group-D ~ 27/11/2018 (Shift-1) 96, [Ans. (a): Let the amount given to other person at 10%] interest = ® x [Then the amount given to the first person at 5% interest rate = %(600—x) simple interest = & 40 |According to the question, 0 =%+130-5}=40 wot a} =X =40-30 20 x=%200 |Given amount to the first person = 600 - x = 600 - 200 = 400 47,__An amount invested for 2 years 9 months at the rate of 8% annual simple interest becomes 915 at the end of the period. How much was invested initially? (a) 725 (©) %675 (b) 700 (@) 2750 RRB Group-D ~ 05/11/2018 (Shift-I0 [Ans : (d) Let principal is &x Interest = P*R*T 100 xxextl 915-x= 91500 100x = 22 x 122x = 91500 750. The interest received in 35 years on the amount invested at 16% simple interest rate per year is equal to the interest received on investing another amount for 5 years at 12.6% simple interest rate. What is the ratio of the two invested amounts? B. (a) 149 (b) 8:7 (©) 98 (d) 65 RRB Group-D ~ 11/12/2018 (Shift-1 PxRxT |Ans. (c): Simple interest = Let first invest Amount = P) land second invest Amount = P, |According to the question- Pjx16*3.5 _ P,x12.6%5 100 100 P,x16%3.5 =P, «12.6%5 PxIL2=P)x126 AL26 P, 12 P:P,=9:8 Simple Interest 278 YCT49. When an amount was invested for 5 years, it |[Ans + yillded an amount of % 5250. If the simple interest was 2% more per year, the amount received was %5600. What was the amount of| investment. (a) %4,000 (©) %3250 (b) 23,750 (@) %3,500 RRB Group-D - 04/10/2018 (Shift 10x 100 fans. (@) Suppose principal is &x and Interest Rate a % [According to the question, fates anaes 10% 350 l>x= (b) According to the question SxDxx _8x6.25xy 100 100 86.25 5x9) _8%1.25 _8x125 _ 8125 9 900 9100 x _8x5_10 xiy xxaxs } =sea0-saso 73500 50, When an amount is invested for 5 years, the “ALS% simple interest per annum a certain sum yields a total amount of £2,790 at the end of 1 3-5 Years. The sum invested was : (a) 2,350 (b) © 2,400 (©) & 2,600 (@ & 2,550 RRB ALP & Tec. (17-08-18 Shift-I) amount becomes %3640. Ifthe rate of simple|[\ 1°, ¢)_PxRxT _PxSxI3 _ 65 p interest is already increased by 2% per annum, | ANS (0) S1="— Oo =" = 405 then this amount becomes €3920 what is the||ccording to the question, principal amount invested. I . (a) 22,560 (b) 22,690 P+ p= 2790 (©) 22,750 (d@) 22,800 a RRB Group-D ~ 25/09/2018 (Shi = 495 _ y799 [Ans. (4): Let rate x% and principal @ y 400 ‘According to the question, = p = 2790% 400 Yx(R+2)65 _YXXX5 _ 3999 3649 465 100 100 =P =6x400 yx2x5 =P =2400 1008? So invested amount = £2400 y=% 2800 54, Rahi deposited © 600 in a bank that ‘ST. The simple interest for 'y' years at the rate of| 8% simple interest per annum. If Rai kept the 3% of principal sy rupees. Find the money with te bak fr 5 years se will earn () 1002y ©) W0xy (@) 240 (&) 200 (c) 1009? (@ 10049 (©) 2280 (@) %480 ; RRB NTPC 16042016 it: 1]-——_—_—_RRB ALP Tes, (40818 Shit [Ans = (2) Let Principal = €P Principal = 2600, Rate = 8%, Time =S Years From question, pes xx imple interest Simple interest = PART Sinpieimersss 100 simple interest = 220*8*5 _ 2949 55. At 6% simple interest per annum a sum of ‘money becames 2834 ing} years, ‘The sum initially invested wa: (@) 2600 (b) % 626 (©) 675 (a) 7650 52. @ x invested at 9% simple interest per annum RRB ALP & Tec. (13-08-18 Shift-1) for 5 years yields the same interest as that on &| 7 Girege y invested at 6.25% simple interest per annum for 8 years. Find x: y. [Rate of simple interest = 6% (a) 16:15 (b) 10:9 (©) 45:50 @ 5:8 Time =64=12 Years RRB ALP & Tec, (31-08-18 ShifttI1) 272 Simple Interest 29 vor[Simple amount = & 834 Let investing Amount = &P ir imple interest => 834—P 58. Ifan amount doubles at a fixed rate in 4 years, eee then in how many years will this amount 834—P become 16 times at the same rate of simple eA interest? wap? (@) 25 Years (b) 16 Years 100 (©) 12 Years (d)_ 60 Years #3400-139P - RRB JE - 23/05/2019 (Shift-11 pecan aa @ ya ‘56, A sum of money was invested at the rate of||T,=(2—*Na, [7=ears, n=Double } 7.5% simple interest per annum for 4 years. If (n,-1) the investment was for 5 years, the interest (16-1)x4 earned would have been €375 more, What was} 73 = (yy) the initial sum invested? IE 15 x 4= 60 Years (@) %4,500 () 5,000 teas rantearan 9. Atwhat rate of interest wll an amount double RRB ALP & Tec. (09-08-18 SI aoe 7 oeseere ‘Ans: (b) Let principal Amount is ® (@) 35% (&) 3% According to the question, 1 7 Xx75x5_xx75x4 © 35% @ 34% 100-100 RRB JE - 26/05/2019 (Shift-I1) xRxT [Ans : (a) Let principal (P) = x simple inerest= P=RXT (Letina eT Simple interest (S11) = 2x—x =x =375 PRT 100 a 375x100 Sea 15 100 x= 50x 100=85000 100 514, Hence invested Amount will be %5000. 303 57. © x invested at 8% simple interest per annum | 60, At what rate will a sum of money double itself for § year yields the same interest as that on @| in twelve years? invested at 7.5% simple interest per annum 1 foréyears Findx:y. . @ % 83% (a) 9:8 (b) 5:6 1 1 () 16:15 (@) 40:45 © 81% (@ 8i% RRB ALP & Tec. 21-08-18 Shi RRB RPF S1~ 12/01/2019 (Shift [Ans =@) [Ans :(¢) Let Principal imple immeres= P*R*T “Amount = & 2P 100 Rate = r% Annual |According tothe question, Time = 12 Years Bexx5_75x6xy imple interest = 2P —P=8 P 100-100 Pxrxl2 x_15%6 100 y &xs 100 _ 25 Rn 3 1%, 3 Simple Interest 280 YCT61. In how many years will a certain sum be|65. A sum of money (P) becomes twice in 10 years. doubled at an annual interest rate of 28.75' How much will this amount become in 20 years (@) 6.00 (b) 3.47 ” at the same rate of simple interest? (©) 3.00 (@) 3.90 @P oF RRB Group-D - 16/10/2018 (Shi © 3P nnn es atesuin:s ‘Ans : (b) Let Amount =P Rate = 28.75% —s ae Interest = @P Ans: (simple interest = P*R=T Interest = EAR PxRxl0 100 According to the question, P = Px28 7507 R= 10% m 100 | According to the second condition— 10000 _ 5 47 Years Total amount after 20 years (P + SI) 2875 = ps Px20x10 Tn how much Gime will the amount invested will 100 i 1 =P+2P=3P, be tripled at the rate of 125% per annum) ¢¢ sam of money becomes 3 times of Tself in 5 simple interest? years. In how many years will this amount (a) 12 Years (b) 8 Years become $ times of itself at the same rate of (c)_ 16 Years (d) 4 Years bet @ 10 RRB Paramedical Exam — 20/07/2018 (Shift-H1 Os ee hone fo ‘Ans: (c). The amount considered will triple in T years. phere RRB NTPC 12.04.2016 Shift: 2 ‘Ans : (b) Let (Principal) = P, Rate = R% T= year fapi00 ‘Amount = 3P | 8 aumber <.Interest = 2P, Time = 5 Years R= rate TR p= G=M100 _ 2100 S00 25 25 gp -PXSAR _, 200 2 2 “100s T= 16 Years R= 40% 3. At what rate percent will an amount be || When S.1=4P doubled in 15 years? _PTR (@) 50% (b) 25% SI=To © Bn (d) 33.33% PxTx40_ RRB Group-D - 16/11/2018 (Shift 100 T=10 Years [Ans. (e): Let Amount =®P , Interest = 2P-P =P. [Time = 15 Years, Rate = R% PxRxl5 itd simple interest =P*R*1S 67. On deposits of 25000 for 4 years and 24000 for 204, 5 years, a uniform annual rate of simple interest yields a total interest of 2400. Find the a ge simple Interest per annum| annual rate of interest. 4 certain sum will double in 10 years? () 4% ©) ™% (@) 7% () 8% (©) 6% (a) 8% (©) 9% @ 10% RRB NTPC 05.04.2016 Shift: 2 ‘Ans: (@) Let Prinipal "Amount = 2x a simple interest = Amount ~ Principal 5000x4xR__ 4000x5xR. —— 2490 — S0004xR , 4000%5%R, 700 100 XxRx10 2400 = 200 R + 200R 100 Rate = 10% Simple Interest 281 YCT68, An amount of 225000 becomes 732000 in 4 years. Find the annual rate of interest. (@) 65% (b) 8% © % @_ 6% RRB JE - 25/05/2019 (Shift-I} [Ans : (©) Given, simple interest = 32000-25000 = 7000 [Ans : (a) Given=Rate (R) = Time () simple interest = ?*R*T a 100 (3264-2400) = 2400%R*R 100 ©. On a certain amount, the compound interest for 2 years is 7309 and the simple interest is 2300. Find the annua @) 7% (©) 9% PxRxT |Ans : (b) Simple interest = 1s: (b) Simpl interest = PT Rx 300 = 100 PR= 15000 wi difference in simple interest and compound interest for I2 years. oo R 309-300 = Px. 100 15000%R 100x100 R=6% Tf an amount is 4 times of itself in 20 years, then find the rate of simpel interest. 1 3 () @) 15% RRB JE - 24/05/2019 (Shift-I x20) 100 R 100, R 100 (from the equation (i)) 10. @ 10% 3 (©) 20% |Ans : (d) 4 af R= 15% TI. The loan of €2400 is repaid by giving an amount of €3264 at the end of the loan term, the duration of the years and the rate of| interest is statistically equal. What is the rate of simple interest? 864 PXRxT simple interest 100 _ 25000xRx4 7000= 10 Tf an amount becomes €20720 in 4 years and ony 24080 in 6 years, find the amount and the rate Re of simple interest. (a) 316000, 8% (b) 14000, 10% (©) 214000, 12% (d)_ 216000, 12% RRB RPF SI — 05/01/2019 (Shift-II0 [Ans : (@) Let that amont be P and the rate of simple| interest is x% Pxrxt 100 |According to the question, Prd 20720-P 24080-P Pxrx6 nn ) lequation (i) divided by (ii) 20720-P _ Pxrxd 24080-P 100 20720-P _2 24080-P 3 62160 ~ 3P = 48160-2P P= 14000 putting the value P in equation (i) 20720-14099 = M0O0xr«4 100 100 Pxrx6 6720-560 r 12% ‘An amount at the same rate of simple interest becomes 9800 in 5 years and 12005 in 8 years what is the rate of interest? (a) 12% (b) 15% (©) 8% (a) 5% RRB JE - 31/05/2019 (Shift-1 [Ans : (@) According to the question, interest of three years amount of 8 Years — amount of S years = 12005~ 9800 = 2205 BB. interest of one year 735x5)} «Rate i735 100 (a) 6% (b) 18% 173500 = (9800 ~ 3675 x R (©) 5% @_ 10% 73500 = 6125 «R RRB JE - 27/05/2019 (Shift | [R= 12%. Simple Interest 7282 Tor74, The amount of 2800 %956 in 3 years at a fixed |[Ans : (c) According to the question, rate of simple interest. Find the rate? Pxl2x3 | 3Px2xR (a) 82% (b) 8% 100-100 (c) 7.5% (d) 6.5% 123 = 3x2*R_ RRB JE - 31/05/2019 (Shift-I 9% per years [Ans. (d) Principal = %800, Time = 3 Years, Rate =|]78, In investement of €77S for 6 years yields €372 rss (Let) as interest. What is the annual rate of simple Amount = %956 interest? ae etme ere © > 156=800x—-x3 RRB Group-D — 16/10/2018 (Shift-I11) 100 [Ans : (b) Given Principal = 2775 156 . Interest = 2372 =e BB 16.5% ama eee 75. Vimal that 85000 to Kamal for 2 years and to sumal %3000 for 4 years at simple interest at same interest rate and received %2200 as interest from both calculate interest rate per year. (@) 13% (b) 15% (©) 23% (a) 10% RRB Group-D — 10/10/2018 (Shift Interest = Let 100 TISxR«6 100 - in so annual rate of simple interest will be 8% oo 2200 15500 in 6 years at the rate of simple interest 100 100 what is the rate of interest? 100R + 120 = 2200 @ 4% (b) 5% 220 R= 2200 (©) 3% (a) 6% RRB Group-D ~ 11/10/2018 (Shift-II) 76. Find the simple interest rate at which a sum of || ang : (a) s1-=PRE money becomes five times the rate of simple 100 interest in 10 years. S1L= 15,500 ~ 12,500 (a) 40% (b) 35% SI. =33000 (©) 25% (@) 50% 45000 = 12500%R x6 RRB NTPC 18.04.2016 Shift : 2 100 ‘Ans : (a) Time = 10 Years 4% Let Principal = &x 80. _ An investment of €1125 for three months yields an interest of €27. Annual rate of simple interest will be:~ (a) 7.2% (b) 12% (©) 9.6% (@) 2.4% PIR RRB Group-D — 22/09/2018 (Shift-1) sirmple internst-=-o [Ans :(@) Principal =@1,125 an [Time = 3 months = 3/12 Years 4x= Interest =% 27 tod Rate = ? L aa oe : raat? Rate = interest x100 7. Anju invested same money in a scheme for Drincipal>time years at a simple interest rate of 12% per principal xtime annum. In addition he invested three times in 27%100__ 9 6 the second scheme for 2 years. If he has earned 1125%3/12 the same simple interest from both the|8I, The money invested for 6 years yields ®B52 schemes, what is the normal interest rate of the interest on 21775, What is the rate of simple second scheme. interest per annum? (a) 12% peryear ——()_18% per year om 9% (©) 6% per year (@)_ 9% per year 2 (6) 75% RRB Group-D ~ 27/09/2018 (Shift-I11) RRB Group-D ~ 03/12/2018 (Shift-II1) Simple Interest 283 YCT(Ans. (a)? simple interest = P* RT Z 100 ITISKR x6 352 = 1ISxRx6 100 82, If the value of a bill of 6600 becomes ®660 in two years. What is the rate of simple interest per annum? (@) 10% ©) 4% (©) 6% (a) 5% RRB Group-D ~ 12/11/2018 (Shift) [Ans.(d): simple interest = 660-600 =% 60 simple interest = P* RT " 100 600% Rate x2 = T00 te = 50%100 600.2 Rate = 5% 83, _ Simple interest on a fixed amount is 1/36 of the principal. If the rate of interest and number of years are equal then what is the rate of interest? Sy (@) © 3% 10, © @ 5% RRB Group-D ~ 12/11/2018 (Shift ‘Ans : (b) Let Principal =& P simple interest = 2 " “36 Let Time =n Years Rate =n% peret 100 P_ Penn 36-100 00 _25 3679 simple interest Years 5 Rate =2% (@) 15% © 25% (b) 5% (@ 10% RRB Group-D - 11/10/2018 (Shift-1) 84, An investment of €1080 for 3 months yielded 27 as interest. The annual simple interest rate was: [Ans : (@) Given- Principal = 1080, Time = 3 months Interest = Rate =? PxRxT. 27 ‘Simple interest = _1080«rx1 100x4 £=10% %875 invested for 3 months ea interest what was the rate of simple interest per 21 85, year? (@) 12% (b) 2.4% ©) 12% (@) 9.6% RRB Group-D - 01/10/2018 (Shift-1) [Ans. (d) : Given, Z21, 875, interes Principal tine =2, Yeas xRxT simple interest = 100 9 = 875*Ratex’3 100%12 21x 100%4 Rate = 21100%4 _ 9 69, © 875, ‘The simple interest is the 9/16” part of 'P' at a certain amount of 'P' and 'R'% per annum. If 'R' is equal to the number of years (N) then find the value of N. (@) 85 © 75 (b) 7 @ 6 RRB NTPC 17.01.2017 Shift-2 {s [Ans : (c) Given~ mr 100 9 30 x0 (2 =N=75 Simple Interest 284 YCT87. The maturity value after 3 years and 5 years at the same rate of simple interest as a fixed sum of money is €8255 and %9425 respectively. Find the annual rate of interest. (@) 9% (b) 8% ©) ™% @ 6% RRB NTPC 31.03.2016 Shift : 1 [Ans : (a) Simple interest of years = 9425 ~ 8255 =1170 Simple interest of 3 years = 1703-1755 <. Principal = 8255 — 1755 = 6500 PRE su= PRE 1755 850023 om 100 ‘Simple interest at the rate of 12% is added to the principal at the end of every six months. Then what will be the annual effective rate of| interest? (a) 12.34% (©) 12.38% 88. (b) 12.26% (@) 12.36% RRB NTPC 30.03.2016 Shift : 2 ‘Ans : (d) Let Principal = €100 100x126 10x12 + Interest in last six months + Principal for next six months = 100 + 6 =%106 Interest = 196*12%6 _ 26 36 10x12 Annual rate of effective Imerest = 646.36 = 12.36% 89. Ram lent 86,000 to Shiva for 3 years and &8,000 to Krishna for 5 years at the same rate of simp! of Rs, 5,220 from both. Find the rate of interest per annum, (@) 6% &) 1% (© 8% @ 9% RRB NTPC 29.03.2016 Shift :3 % ‘Ans : (d) Let annual rate of interest -, 8000R x3 , 8000%Rx5 100 100 =5220 180 R + 400R = 5220 580 R= 5220 90. ‘The simple interest at the amount of %8500 deposided for 3 years is €2040. Find the annual rate of interest. @) 8% () 85% © 9% @ 75% RRB NTPC 18.01.2017 Shift: 1 [Ans (@) PxRXT I= S00 ogo = 8500xR x3 100 2040 = 85 «Rx 3 R= 2040 99 3533 91. ‘The simple interest for 2 years 8 months on 27800 is 71976, Find the annual rate of interest. (a) 8.5% (b) 9% (©) 95% (@) 10% RRB NTPC 12.04.2016 Shift : 2 ‘Ans : (¢) Principal = %7800 rin v0 § ate (204) Yor $Y Rate = ? simple interest = 1976 PxTxR 100 _7800xR x8 1976= SL 1976x300 7800%8 2. value of the percentage and yen rate of interest are equal and the simple interest on an amount is 9/16 of the principal. Find the rate of simple interest. (a) 912% (b) 11% © 152% @ 12% RRB NTPC 22.04.2016 Shift: 3 [an (6 Sipe = Pic! 2 Simpleinterest _ 9 Principal R=N 16 1009 Interest # Rate (R terest B Rate (R) =O" 900 16 [900 _ 30 164 15 Simple Interest 285 YCT93. (b) 105 @ 125 RRB NTPC 29.04.2016 Shift : 1 ‘Ans : (d) Time (T) = 8 Years ipal (P) = Simple interest (SI) P=Si PIR 100 paPx8xR 100 Px100 > Px8 > R= 12.5% 94, © 750 invested for 3 months gave an interest of 18, What was the simple rate of interest per annum? (a) 24% () 9.6% (©) 72% @ 12% RRB ALP & Tec. (09-08-18 Shift-I1) PxRxT Ans :(b) simple int s+ (b) simple interest = 18x 100 18x100%4 _ 750 18x2x4 _ 48 5s Ss 6% per years teu archuleta (a) 6 years (b) 7 years (c) 9 years (d) 8 years RRB RPF SI — 16/01/2019 (Shift-1) Ans : (d) Let invested Amount = %x Rate x Time 125xt Time (t)= 8 Years If an amount becomes 4 times in 7 years. In what time will this amount become 16 times at the same rate of simple interest? (a) 25 years (b) 28 years (©) 20 years (@)_ 35 years RRB JE - 27/06/2019 (Shift-111) [Ans : (@) Let Principal = P 4P 4P- Years 96. Amount Interest Time Interest_x_100 Rate of Interest = terest = 100_ Time » Principal 3Px100 _ 300.9, 7xP 7° |Time when the amount is 16 times esl) 300p 7 15%100*7 55 Vears 300 If the simple interest is 12.5% more than the principal and (n) the number of years. n and the rate (r) is numerically in a ratio of 2:1 then find the value of n and r. (@) n= 12,1=6% 97. 1 b) n=15,r= 7% ) 3 (©) n=20,1=10% (@) n= 14,1=7% RRB JE - 24/05/2019 (Shift-I) [Ans : (@) Let Principal rime = 2x Years, Rate = x% us Simp interest xP a 100 PARXT Simpte interest = " 100 2S p_Pxduxx 100 100 112.5=2%2 x55625 x=7. 2 aaxex(te i) Hence Rate 74% and Time (n)= 2x74=15 Years 2 2 Simple Interest 286 YCT98. If a loan increases 3 times in 6 years at simple interest, then how much time will it take to get 8 times. (a) 15 Years (b) 22 Years (©) 20 Years (@_21 Years RRB JE - 29/05/2019 (Shi [Ans : (d) Let Principal is © x amount =& 3x |According to first condition, simple interest = 3x ~x=8 2x simple interest = P*R*T a 100 ay = BARS 100 |According to second condition, qq a XxRXM 100 99. Raghu has invested €1000 and received €1300 after x years at a simple interest rate of 6% per annum. Find the value of x? (a) 2 Years (b) SYears (©) 3¥ears ()_4Years RRB Group-D ~ 27/09/2018 (Shift-1 [Ans. (b) Interest = 1300 - 1000 = 300 PxRxT Interest = 1000%6%x 100 x=5 Years 100. In what time will simple interest of €390 yielded at 5% rate at 71800 per annum, (@) 5 years 3 months (b) 5 years 4 months (©) 4 years 4 months (@) 4 years 2 months RRB Group-D ~ 16/10/2018 (Shit 300= 101. Simple interest on a fixed amount is 9/4 of the principal amount. If the number of years and the rate of interest are the same, then for what period the amount was deposited? (a) 12 years (©) 55 years (©) 15 years (@ 75 years RRB Group-D - 26/10/2018 (Shift-11) PxRxT. 100 According to the question, Rate = Time 9P _ Pxtimex time 4 100 9100 4 Time = J9%25 =15 Years [Ans :(¢) simple interest, ime x Time [Ans : (6) Principal = %1,800 Rate = 5% 1800%5x time 399 = SOONS Time = Years = 412 months = 8 months 6 6 104. At what time will the simple interest of €8750 cipal at an annual rate (b) 4 years (©) 2 years Years _(d)_5 years RRB NTPC 28. ‘Ans :(a) From Que 6 simple Interest = 8750x£ = 21 Simple Interest =8750%5==2100 8750«nx8, 100 210000 8750«8 =2100 years Simple Interest 287 YCT