Simple Interest Practice Test – Set 1

If a sum of money amounts to ₹2,502 in 3 years and ₹3,087 in 5.5 years at the same rate of simple interest per annum, then the rate of simple interest is:

A sum of ₹4,000 becomes ₹4,960 in 4 years at simple interest. If the rate of interest becomes 1.5 times of itself, then how much will this sum become after 4 years?

The rate of interest for the first 2 years is 6% p.a., for the next 3 years is 10% p.a. and for the period beyond 5 years is 12% p.a. If a person gets ₹12,771 as simple interest after 7 years, then how much money did he invest?

A sum of money earns a simple interest at 7.25% per annum for the first 8 years, at 8.5% for the next 6 years, and at 6.5% for the final 4 years. If the total interest earned during these 18 years was ₹35,100, what was the original sum invested (in ₹)?

The simple interest on a sum of ₹15,000 for 3 years is ₹3,600 . Find the rate of interest per annum.