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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
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%
Q2 · medium · AI-verified
The simple interest on a sum of money for 5 years at 6% per annum is ₹1,350. What is the principal?
  1. ₹3,600
  2. ₹4,500
  3. ₹4,000
  4. ₹5,000
Q3 · medium · AI-verified
What is the compound interest on ₹8,000 at 15% per annum for 2 years, compounded annually?
  1. ₹2,400
  2. ₹2,640
  3. ₹2,580
  4. ₹2,450
Q4 · hard · AI-verified
On what sum of money will the difference between compound interest and simple interest for 2 years at 5% per annum be ₹25?
  1. ₹5000
  2. ₹10000
  3. ₹8000
  4. ₹12500
Q5 · easy · AI-verified
At what rate of simple interest per annum will ₹6000 amount to ₹7500 in 5 years?
  1. 5%
  2. 8%
  3. 4%
  4. 6%
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