All the following questions are selected from previous years papers of SSC, CDS, CAT, Bank Exams to help aspirants understand the variety and difficulty level of questions asked on Simple and Compound Interest in various exams.

1. A man borrowed some money from a private organisation at 5% simple interest per annum. He lend this money to another person at 10% compounded interest per annum and made a profit of Rs. 26410 in 4 years. The man borrowed (SSC CGL Exam 31-08-2016)

(a) 200000

(b) 150000

(c) 132050

(d) 100000

1. A man borrowed some money from a private organisation at 5% simple interest per annum. He lend this money to another person at 10% compounded interest per annum and made a profit of Rs. 26410 in 4 years. The man borrowed (SSC CGL Exam 31-08-2016)

(a) 200000

(b) 150000

(c) 132050

(d) 100000