Simple & Compound Interest Previous Year Questions
36 Simple & Compound Interest (Mathematics) questions asked in RRB JE previous year papers, each with the correct answer and explanation. Read them free on UTpaper, or attempt the full papers as timed online tests.
Sakshi invested a sum of ₹8900 at 10% per annum compound interest, componded annually. If she received an amount of ₹10769 after n years, the value of n is:
Suman invested a sum of ₹3500 at 20% per annum compound interest, componded annually. If she received an amount of ₹6048 after n years, the value of n is:
Komal invested a sum of ₹5000 at 20% per annum compound interest, componded annually. If she received an amount of ₹8640 after n years, the value of n is:
Amit had invested same amount of sums at simple as well as compound interest,
compounded annually. The time period of both the sums was 2 years and rate of
interest too was same 10% per annum. At the end, he found a difference of ₹97 in both
the interests received. What were the sums (in ₹) invested?
Akshay has borrowed an amount of ₹440000 from a bank to start a business. How
much simple interest (in ₹) will he pay at a rate of 5% per annum after 4 years?
Gopal has borrowed an amount of ₹420000 from a bank to start a business. How much
simple interest (in ₹) will he pay at a rate of 5% per annum after 4 years?
The difference between compound interest, compounded annually, and simple interest
for 3 years at a rate of 20% per annum is ₹256. What is the principal lent?
David has borrowed an amount of ₹440000 from a bank to start a business. How much
simple interest (in ₹) will he pay at a rate of 6% per annum after 2 years?
If a point is located below the principal axis of a spherical mirror, what sign is assigned
to its perpendicular distance according to the sign convention for spherical mirrors?
Kiran has borrowed an amount of ₹4,40,000 from a bank to start a business. How much
simple interest (in ₹) will he pay at a rate of 7% per annum after 2 years?
Amit had invested same amount of sums at simple interest as well as compound
interest, compounded annually. The time period of both the sums was 2 years and rate
of interest too was the same 10% per annum. At the end, he found a difference of ₹45 in
both the interests received. What were the sums (in ₹) invested in each case?
Mahesh has borrowed an amount of ₹420000 from a bank to start a business. How
much simple interest (in ₹) will he pay at a rate of 6% per annum after 2 years?
Rupesh has borrowed an amount of ₹4,40,000 from a bank to start a business. How
much simple interest (in ₹) will he pay at a rate of 7% per annum after 3 years?
If at the same rate of interest, in 2 years, the simple interest is ₹48 and compound
interest, compounded annually, is ₹54, then what is the principal (in ₹)?
Mahesh has borrowed an amount of ₹4,40,000 from a bank to start a business. How
much simple interest (in ₹) will he pay at a rate of 6% per annum after 4 years?
A physicist uses a convex lens to focus sunlight onto a piece of paper and notices the
smallest, brightest spot forms at a certain distance from the lens. Which property of the
lens does this experiment help to determine?
AThe experiment helps to determine the principal axis of the lens.
BThe experiment helps to determine the optical center of the lens.
CThe experiment helps to determine the diameter of the lens.
DThe experiment helps to determine the focal length of the lens.
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Correct answer: (D) The experiment helps to determine the focal length of the lens.
The difference between simple interest and compound interest, compounded annually,
on a certain sum of money for 2 years at 11% per annum is ₹371. Find the sum. [Give
your answer rounded off to the nearest integer.]
A₹30,672
B₹30,669
C₹30,679
D₹30,661
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Correct answer: (D) ₹30,661
How to use these RRB JE Mathematics questions
Every question here was asked in a real RRB JE paper; the paper and shift are shown on the card, and the number opens the question on its own page. Try each one before tapping Show answer, then attempt the full RRB JE papers as timed tests to check your speed under exam conditions.