Simple Interest Problems Practice Question and Answer

Q:

If a sum of Rs. 12500 is invested for 1 year at 12% per annum interest being compounded semi-annually, then interest earned is

563 0

  • 1
    1545
    Correct
    Wrong
  • 2
    1550
    Correct
    Wrong
  • 3
    1505
    Correct
    Wrong
  • 4
    1505
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "1545"

Q:

In what time will the simple interest be 2/5 of the principal at 8 percent per annum? 

1872 0

  • 1
    7 years
    Correct
    Wrong
  • 2
    5 years
    Correct
    Wrong
  • 3
    8 years
    Correct
    Wrong
  • 4
    6 years
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "5 years "

Q:

The simple interest on ₹ 4,000 in 3 years at the rate of x % per annum equals the simple interest on ₹ 5,000 at the rate of 12% per annum in 2 years. The value of x is 

1023 0

  • 1
    10 %
    Correct
    Wrong
  • 2
    6 %
    Correct
    Wrong
  • 3
    8 %
    Correct
    Wrong
  • 4
    9 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "10 % "

Q: A sum of Rs. 400 amounts to Rs. 480 in 4 years. What will it amount of if the rate of interact is increased by 2% ? 2711 0

  • 1
    Rs. 484
    Correct
    Wrong
  • 2
    Rs. 560
    Correct
    Wrong
  • 3
    Rs. 512
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs. 512"

Q: A sum of money becomes $${7\over6}$$ of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is: 1549 1

  • 1
    $$5{5\over9}\%$$
    Correct
    Wrong
  • 2
    $$6{5\over9}\%$$
    Correct
    Wrong
  • 3
    18%
    Correct
    Wrong
  • 4
    25%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "$$5{5\over9}\%$$"

Q: The simple interest on a certain sum at 5% per annum for 3 years and 4 years differ by Rs. 42. The sum is : 2581 1

  • 1
    Rs. 210
    Correct
    Wrong
  • 2
    Rs. 280
    Correct
    Wrong
  • 3
    Rs. 750
    Correct
    Wrong
  • 4
    Rs. 840
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "Rs. 840"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully