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Simple and Compound Interest Questions for AGNIVEER ARMY

Free, AI-curated practice for the Simple and Compound Interest section of AGNIVEER ARMY. We have 20+ verified questions in this bank. Below: 5 sample questions. Sign up free to unlock unlimited practice + AI explanations + per-topic analytics.

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Sample questions

Q1 · medium · AI-verified
A sum of ₹5,000 is invested at 8% per annum simple interest for 3 years. What is the total amount at the end of 3 years?
  1. ₹6,200
  2. ₹6,400
  3. ₹5,800
  4. ₹6,000
Q2 · medium · AI-verified
At what rate of simple interest per annum will ₹2,400 amount to ₹3,264 in 4 years?
  1. 9%
  2. 12%
  3. 10%
  4. 8%
Q3 · medium · AI-verified
₹6,250 is borrowed at compound interest at the rate of 4% per annum. What is the amount to be paid after 2 years?
  1. ₹6,750
  2. ₹6,800
  3. ₹6,500
  4. ₹6,760
Q4 · hard · AI-verified
A sum of ₹12000 is lent partly at 10% and partly at 15% simple interest per annum. If the total interest received after 2 years is ₹3300, what amount was lent at 10%?
  1. ₹9000
  2. ₹7500
  3. ₹6000
  4. ₹3000
Q5 · medium · AI-verified
The difference between compound interest and simple interest on ₹10,000 at 10% per annum for 2 years is:
  1. ₹50
  2. ₹100
  3. ₹150
  4. ₹200
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