SI rate changes over successive periods, total interest given: the sum
This type of question, asked 3 times: 17 Jul 2023 S3, 20 Jul 2023 S2, 14 Sep 2025 S2. All 3 questions below, oldest first.
Try each one first, then open its answer.
Question 1
17 Jul 2023 S3
69A person took a loan at per annum simple interest during the first year and with an increase of simple interest every year from the second year onwards. After 4 years, he paid ₹4,600 as a total interest to settle the loan completely. How much was the loan?Tap an option to check your answer.
Question 2
20 Jul 2023 S2
52A sum of money earns a simple interest at 7.25% per annum for the first eight years, at 8.5% for the next six years, and at 6.5% for the final four years. If the total interest earned during these eighteen years was ₹35,100, what was the original sum invested (in ₹)?Tap an option to check your answer.
Question 3
14 Sep 2025 S2
69Rahul borrowed a sum of money at simple interest of per annum for the first 3 years, per annum for the next 5 years, and per annum for the period beyond 8 years. If he pays a total of ₹6800 as interest only at the end of 10 years, how much money did he borrow?Tap an option to check your answer.