**Simple interest**

**(Set – 1)**

1) Find the simple interest on Rs.15625 at 2.5% pa after 4 years?

a) 630 b) 625 c) 525 d) 450 e) None of these

2) Find the simple interest on Rs.1500 at 6% pa after 10 months.

a) 50 b) 40 c) 60 d) 55 e) None of these

3) Rs 1200 amounts to Rs 1,632 in 4 years at a certain rate of simple interest. If the rate of interest

is increased by 1%, it would amount to?

a) 1680 b) 1670 c) 1660 d) 1650 e) None of these

4) The simple interest on a certain sum of money at 3.5% pa after 8 years is Rs.640 more than the

interest on the same sum at 8% pa after 2.5 years. Find the sum?

a) 8500 b) 8000 c) 9000 d) 9500 e) None of these

5) The SI on a sum of money will be Rs. 450 after 6 years. In the next 8 years principal becomes 3

times, what will be the total interest at the end of the 14th year?

a) 2250 b) 2050 c) 1950 d) 1900 e) None of these

6) The SI on a sum of money will be Rs. 625 after 4 years. In the next 12 years principal becomes 8

times, what will be the total interest at the end of the 16th year?

a) 15525 b) 16525 c) 16625 d) 15625 e) None of these

7) A sum of Rs. 633 was lent out at a simple interest and at the end of 1 year 8 months the total

amount was Rs. 1055. Find the rate of interest?

a) 25% b) 20% c) 30% d) 40% e) None of these

8) The difference of the money deposited by a man and the interest earned by him at 5% pa after 4

years is Rs.4800. Find what amount would be received by the man at the end of the 3 years from

the bank?

a) 6900 b) 6500 c) 5400 d) 5000 e) None of these