# Simple Interest Questions

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1. ₹800 becomes ₹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?
1. ₹ 1025
2. ₹ 1050
3. ₹ 1020.50
4. ₹ 1052

### Answer is d

2. A man lent ₹60,000, partly at 5% and the rest at 4% simple interest. When the total annual interest is ₹2560, the money lent at 4% was

1. ₹ 44000
2. ₹ 45000
3. ₹ 40000
4. ₹ 30000

### Answer is a

3. The population of a village decreases at the rate of 20% per annum. When its population 2 years ago was 10,000, the present population

1. 6400
2. 6000
3. 4600
4. 7600

### Answer is a

4. If a sum of money amounts to ₹12,900 and ₹14,250 at the end of 4th year and 5th year respectively at a certain rate of simple interest, then the rate of interest is

1. 12%
2. 20%
3. 10%
4. 18%

### Answer is d

5. Alipta got some amount of money from her father. In how many years will the ratio of the money and interest obtained from it be 10.3 at the rate of 6% simple interest per annum?

1. 3 years
2. 4 years
3. 7 years
4. 5 years

### Answer is d

Read More: Simple Interest Concepts