CAT Simple Interest Compound Interest Questions & Solutions

A sample of real CAT Simple Interest Compound Interest past-year questions, each with a worked solution and the correct answer highlighted. AthenaPrep has 21 Simple Interest Compound Interest questions in all — sign up free to practise them timed.

Q1.CAT 2025
At a certain simple rate of interest, a given sum amounts to Rs 13920 in 3 years, and to Rs 18960 in 6 years and 6 months. If the same given sum had been invested for 2 years at the same rate as before but with interest compounded every 6 months, then the total interest earned, in rupees, would have been nearest to
- 3221
- 3180
- 3150
- 3096
Q2.CAT 2025
Kamala divided her investment of Rs 100000 between stocks, bonds, and gold. Her investment in bonds was 25% of her investment in gold. With annual returns of 10%, 6%, 8% on stocks, bonds, and gold, respectively, she gained a total amount of Rs 8200 in one year. The amount, in rupees, that she gained from the bonds, was
Answer: 900
Q3.CAT 2024
Anil invests Rs 22000 for 6 years in a scheme with 4% interest per annum, compounded half-yearly. Separately, Sunil invests a certain amount in the same scheme for 5 years, and then reinvests the entire amount he receives at the end of 5 years, for one year at 10% simple interest. If the amounts received by both at the end of 6 years are equal, then the initial investment, in rupees, made by Sunil is
- 20860
- 20640
- 20480
- 20808
Q4.CAT 2024
Aman invests Rs 4000 in a bank at a certain rate of interest, compounded annually. If the ratio of the value of the investment after 3 years to the value of the investment after 5 years is 25 : 36, then the minimum number of years required for the value of the investment to exceed Rs 20000 is
Answer: 9
Q5.CAT 2023
Anil borrows Rs 2 lakhs at an interest rate of 8% per annum, compounded half-yearly. He repays Rs 10320 at the end of the first year and closes the loan by paying the outstanding amount at the end of the third year. Then, the total interest, in rupees, paid over the three years is nearest to
- 45311
- 51311
- 33130
- 40991
Q6.CAT 2022
Alex invested his savings in two parts. The simple interest earned on the first part at 15% per annum for 4 years is the same as the simple interest earned on the second part at 12% per annum for 3 years. Then, the percentage of his savings invested in the first part is
- 37.5%
- 62.5%
- 60%
- 40%
Q7.CAT 2022
Nitu has an initial capital of ₹20,000. Out of this, she invests ₹8,000 at 5.5% in bank A, ₹5,000 at 5.6% in bank B and the remaining amount at x% in bank C, each rate being simple interest per annum. Her combined annual interest income from these investments is equal to 5% of the initial capital. If she had invested her entire initial capital in bank C alone, then her annual interest income, in rupees, would have been
- 700
- 800
- 900
- 1000
Q8.CAT 2021
Bank A offers 6% interest rate per annum compounded half-yearly. Bank B and Bank C offer simple interest but the annual interest rate offered by Bank C is twice that of Bank B. Raju invests a certain amount in Bank B for a certain period and Rupa invests ₹ 10,000 in Bank C for twice that period. The interest that would accrue to Raju during that period is equal to the interest that would have accrued had he invested the same amount in Bank A for one year. The interest accrued, in INR, to Rupa is
- 3436
- 2436
- 2346
- 1436
Q9.CAT 2020
A person invested a certain amount of money at 10% annual interest, compounded half-yearly. After one and a half years, the interest and principal together became Rs.18522. The amount, in rupees, that the person had invested is
Answer: 16000
Q10.CAT 2020
For the same principal amount, the compound interest for two years at 5% per annum exceeds the simple interest for three years at 3% per annum by Rs 1125. Then the principal amount in rupees is
Answer: 90000
Q11.CAT 2019
A person invested a total amount of Rs 15 lakh. A part of it was invested in a fixed deposit earning 6% annual interest, and the remaining amount was invested in two other deposits in the ratio 2 : 1, earning annual interest at the rates of 4% and 3%, respectively. If the total annual interest income is Rs 76000 then the amount (in Rs lakh) invested in the fixed deposit was
Answer: 9
Q12.CAT 2018
Gopal borrows Rs. X from Ankit at 8% annual interest. He then adds Rs. Y of his own money and lends Rs. X+Y to Ishan at 10% annual interest. At the end of the year, after returning Ankit’s dues, the net interest retained by Gopal is the same as that accrued to Ankit. On the other hand, had Gopal lent Rs. X+2Y to Ishan at 10%, then the net interest retained by him would have increased by Rs. 150. If all interests are compounded annually, then find the value of X + Y.
Answer: 4000

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CAT Simple Interest Compound Interest previous year questions with solutions — AthenaPrep

CAT Simple Interest Compound Interest Questions & Solutions

Q1.CAT 2025

At a certain simple rate of interest, a given sum amounts to Rs 13920 in 3 years, and to Rs 18960 in 6 years and 6 months. If the same given sum had been invested for 2 years at the same rate as before but with interest compounded every 6 months, then the total interest earned, in rupees, would have been nearest to

3221
3180
3150
3096

Q2.CAT 2025

Kamala divided her investment of Rs 100000 between stocks, bonds, and gold. Her investment in bonds was 25% of her investment in gold. With annual returns of 10%, 6%, 8% on stocks, bonds, and gold, respectively, she gained a total amount of Rs 8200 in one year. The amount, in rupees, that she gained from the bonds, was

Answer: 900

Q3.CAT 2024

Anil invests Rs 22000 for 6 years in a scheme with 4% interest per annum, compounded half-yearly. Separately, Sunil invests a certain amount in the same scheme for 5 years, and then reinvests the entire amount he receives at the end of 5 years, for one year at 10% simple interest. If the amounts received by both at the end of 6 years are equal, then the initial investment, in rupees, made by Sunil is

20860
20640
20480
20808

Q4.CAT 2024

Aman invests Rs 4000 in a bank at a certain rate of interest, compounded annually. If the ratio of the value of the investment after 3 years to the value of the investment after 5 years is 25 : 36, then the minimum number of years required for the value of the investment to exceed Rs 20000 is

Answer: 9

Q5.CAT 2023

Anil borrows Rs 2 lakhs at an interest rate of 8% per annum, compounded half-yearly. He repays Rs 10320 at the end of the first year and closes the loan by paying the outstanding amount at the end of the third year. Then, the total interest, in rupees, paid over the three years is nearest to

45311
51311
33130
40991

Q6.CAT 2022

Alex invested his savings in two parts. The simple interest earned on the first part at 15% per annum for 4 years is the same as the simple interest earned on the second part at 12% per annum for 3 years. Then, the percentage of his savings invested in the first part is

37.5%
62.5%
60%
40%

Q7.CAT 2022

Nitu has an initial capital of ₹20,000. Out of this, she invests ₹8,000 at 5.5% in bank A, ₹5,000 at 5.6% in bank B and the remaining amount at x% in bank C, each rate being simple interest per annum. Her combined annual interest income from these investments is equal to 5% of the initial capital. If she had invested her entire initial capital in bank C alone, then her annual interest income, in rupees, would have been

700
800
900
1000

Q8.CAT 2021

Bank A offers 6% interest rate per annum compounded half-yearly. Bank B and Bank C offer simple interest but the annual interest rate offered by Bank C is twice that of Bank B. Raju invests a certain amount in Bank B for a certain period and Rupa invests ₹ 10,000 in Bank C for twice that period. The interest that would accrue to Raju during that period is equal to the interest that would have accrued had he invested the same amount in Bank A for one year. The interest accrued, in INR, to Rupa is

3436
2436
2346
1436

Q9.CAT 2020

A person invested a certain amount of money at 10% annual interest, compounded half-yearly. After one and a half years, the interest and principal together became Rs.18522. The amount, in rupees, that the person had invested is

Answer: 16000

Q10.CAT 2020

For the same principal amount, the compound interest for two years at 5% per annum exceeds the simple interest for three years at 3% per annum by Rs 1125. Then the principal amount in rupees is

Answer: 90000

Q11.CAT 2019

A person invested a total amount of Rs 15 lakh. A part of it was invested in a fixed deposit earning 6% annual interest, and the remaining amount was invested in two other deposits in the ratio 2 : 1, earning annual interest at the rates of 4% and 3%, respectively. If the total annual interest income is Rs 76000 then the amount (in Rs lakh) invested in the fixed deposit was

Answer: 9

Q12.CAT 2018

Gopal borrows Rs. X from Ankit at 8% annual interest. He then adds Rs. Y of his own money and lends Rs. X+Y to Ishan at 10% annual interest. At the end of the year, after returning Ankit’s dues, the net interest retained by Gopal is the same as that accrued to Ankit. On the other hand, had Gopal lent Rs. X+2Y to Ishan at 10%, then the net interest retained by him would have increased by Rs. 150. If all interests are compounded annually, then find the value of X + Y.

Answer: 4000

9+ more Simple Interest Compound Interest questions inside

Get the full CAT Simple Interest Compound Interest set with timed practice, bookmarks and analysis — free to start.

Start practising free

CAT Simple Interest Compound Interest previous year questions with solutions — AthenaPrep