Simple Interest (SI)
*b)
Calculate the missing terms in
Principal (P) Rate of Interest (R) Time (T)
400
31600
19 years
31000
31700
10
7%
7700
325000
9%
5 years
711250
2. Simran deposited 712,500 in a bank, which pays simple interest at 8% pa zanum. Find the interest site
will receive at the end of 4 years.
3. A man borrowed 318,000 from his friend at 7% per annum simple interest. He returned the money
after 3 years 6 months. How much money did he pay bask altogether?
4. How long does it take for a principal of $25,000 at a simple interest rate of 5% to become 30,000
5. Ajay deposited 335,000 in a finance company for 4 years and received 345.500 in total. What was the
rate of simple interest per annum?
6. Irfan deposited 342,000 in two bank accounts. He deposited 227,000 in one account which gives
92% simple interest per annum and the remaining in another account which gives 11% penam
How much interest will he receive after 3 years?
7. Find the time after which the simple interest on a sum of money will be double of the sum at the rate
of 10% per annum
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