Simple interest and compound interest problems to prepare for federal bank exams. Solved question papers for federal bank exams and IBPS online bank exams.

1. The simple interest accrued in 3 years on a principal of Rs. 25,000 is three-twentieth of the principal.

What is the rate of simple interest p.c.p.a. ?

(1) 5 (2) 4 (3) 6 (4) 3 (5) None of these

2. The simple interest accrued in 8 years on a principal of Rs.20.000 is one tenth the principal.

What is the rate of simple interest p.c.p.a.?

(1) 1.15 (2) 2.25 (3) 1.25 (4) 2.75 (5) None of these

3. What approximate amount of compound interest can be obtained on an amount of Rs 4,890 at the rate of 5 p.c.p.a. at the end of two years?

1)Rs 452 2 )Rs 489 3)Rs 515 4)Rs 520 5)Rs 501

4. If the difference between the simple interest and compound interest earned on an amount @ 15 p.c.p.a. at the

end of 3 years is Rs 595.35, what is the amount?

1) Rs 8,400 2) Rs 9,200 3) Rs 6,800 4) Cannot be determined 5) None of these

5. What will be the difference between the simple interest and compound interest earned on a sum of Rs 985 @ 14 p.c.p.a. at the end of two years?

1) Rs 16.408 2) Rs 14.214 3)Rs 19.218 4) Rs 17.405 5) None of these

6. What approximate compound interest can be obtained on an amount of Rs 3,980 after 2 years at 8 p.c.p.a.?

1)Rs 650 2)Rs 680 3)Rs 600 4)Rs 590 5)Rs 665

7. The simple interest accrued on an amount of Rs 15,500 at the end of three years is Rs 5,580.

What would be the compound interest accrued on the same amount at the same rate in the same period?

1) Rs 6726.348 2) Rs 6276.384 3) Rs 6267.834 4) Rs 6627.438 5) None of these

8. What will be the compound interest accrued on an amount of Rs 16,500/- @ 14 p.c.p.a. at the end of three years?

1)Rs 7945.476 2)Rs 6825.281 3)Rs 7022.415 4)Rs 6928.114 5)None of these

9. Suresh invested a sum of Rs.15000 at 9 per cent per annum simple interest and Rs.12000 at 8 per cent per annum

compound interest for period of 2 years. What amount of interest did Suresh earn in 2 years?

1.Rs.4096.96 2.Rs.4696.80 3.4896.60 4.4698.60 5.none of these

10. The simple interest accrued in 2 years on a principal of Rs. 24,000 is one-eighth of the principal.

What is the rate of simple interest p.c.p.a. ?

(1)5 (2)4.5 (3) 6.25 (4) 7.25 (5) None of these

1. The simple interest accrued in 3 years on a principal of Rs. 25,000 is three-twentieth of the principal.

What is the rate of simple interest p.c.p.a. ?

(1) 5 (2) 4 (3) 6 (4) 3 (5) None of these

2. The simple interest accrued in 8 years on a principal of Rs.20.000 is one tenth the principal.

What is the rate of simple interest p.c.p.a.?

(1) 1.15 (2) 2.25 (3) 1.25 (4) 2.75 (5) None of these

3. What approximate amount of compound interest can be obtained on an amount of Rs 4,890 at the rate of 5 p.c.p.a. at the end of two years?

1)Rs 452 2 )Rs 489 3)Rs 515 4)Rs 520 5)Rs 501

4. If the difference between the simple interest and compound interest earned on an amount @ 15 p.c.p.a. at the

end of 3 years is Rs 595.35, what is the amount?

1) Rs 8,400 2) Rs 9,200 3) Rs 6,800 4) Cannot be determined 5) None of these

5. What will be the difference between the simple interest and compound interest earned on a sum of Rs 985 @ 14 p.c.p.a. at the end of two years?

1) Rs 16.408 2) Rs 14.214 3)Rs 19.218 4) Rs 17.405 5) None of these

6. What approximate compound interest can be obtained on an amount of Rs 3,980 after 2 years at 8 p.c.p.a.?

1)Rs 650 2)Rs 680 3)Rs 600 4)Rs 590 5)Rs 665

7. The simple interest accrued on an amount of Rs 15,500 at the end of three years is Rs 5,580.

What would be the compound interest accrued on the same amount at the same rate in the same period?

1) Rs 6726.348 2) Rs 6276.384 3) Rs 6267.834 4) Rs 6627.438 5) None of these

8. What will be the compound interest accrued on an amount of Rs 16,500/- @ 14 p.c.p.a. at the end of three years?

1)Rs 7945.476 2)Rs 6825.281 3)Rs 7022.415 4)Rs 6928.114 5)None of these

9. Suresh invested a sum of Rs.15000 at 9 per cent per annum simple interest and Rs.12000 at 8 per cent per annum

compound interest for period of 2 years. What amount of interest did Suresh earn in 2 years?

1.Rs.4096.96 2.Rs.4696.80 3.4896.60 4.4698.60 5.none of these

10. The simple interest accrued in 2 years on a principal of Rs. 24,000 is one-eighth of the principal.

What is the rate of simple interest p.c.p.a. ?

(1)5 (2)4.5 (3) 6.25 (4) 7.25 (5) None of these

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