# ICSE Class 8 Maths Simple Interest Problems

Understand the steps to compute simple interest in Maths problems with our ICSE Class 8 Maths Chapter 9 Simple and Compound Interest - Simple Interest Problems online learning materials. Our experts have prepared study resources like chapter notes and more to help you gain conceptual clarity. Your conceptual understanding will benefit you immensely when you come across real-life situations where you need to calculate simple interest.

TopperLearning’s Maths practice test for Class 8 ICSE will support you in improving your knowledge of simple interest with assessment tests. Also, resolve your doubts any time promptly by asking questions based on interest in our online portal’s ‘Undoubt’ section.

## Sample Q&A

- A sum of money is invested for 3 years at a particular rate of interest. If the rate of interest were 3% p.a. higher, the interest would have been Rs 1467 more. Find the sum of money.
- Find the principal on which a simple interest of ₹55 will be obtained after 9 months at the rate of 5.5%per annum
- 4000 amount to 5000 in 8 years ; in what time will 2100 amount to 2800 at the same rate ?
- Find the si and amount which rs 12500 amounts to8%pa from 18th January 2011 to 19TH APRIL 2012
- At what rate of simple interest will a sum of money double itself in 6 years?
- Simple interest on a certain sum is 9/16 of the sum. Find the rate per cent and the time if both are numerically equal.
- A man borrows a sum of money and agrees to settle his debt by paying Rs 1200 at the end of the first year and Rs 1200 at the end of the second year. If the rate of simple interest was 6% per annum, find the sum borrowed.
- On 01.04.2012, Preeti takes a study loan of ₹ 4.5 lakh from a bank at a concessional rate of 4.8% p. a. On 01.10.2015, she repays ₹ 2.5 lakh. How much money will Preeti owe to the bank on 01.06.2017?
- A and B went to a moneylender to borrow a total of ₹ 60,000. The money lender gave A a loan at 28% p. a. and B a loan at a higher rate of interest. If both A and B had to pay the moneylender ₹ 9,800 as interest after a year, how much money was lent to B and at what rate of simple interest?
- 1) An office receptionist took ₹8000 as a personal loan from the manager for 6 months at 11%per annum simple interest. At the end of 6 months, she gave the manager ₹3500 & a gold coin to settle her dues. At what price did the manager get the gold coin?

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