Simple Interest Practice Test – Set 1

A sum of ₹13,500 amounts to ₹15,500 in 4 years at a rate of simple interest p.a. What is the rate of interest?

A man borrowed ₹29,000 for 3 years and ₹45,000 for 5 years at the same rate of simple interest. If he paid a total interest of ₹62,400, then what was the rate of interest?

If x, y, z are three sums of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z?

The simple interest on a certain amount of money is 45% of the principal amount. The time for which the money was lent is four-fifth of the numerical value of the rate percent per annum. What is the rate percent per annum?

A certain sum of money, invested on simple interest, amounts to ₹756 in 2 years and to ₹873 in 3.5 years. Find the sum (in ₹).