Simple Interest Questions Practice Question and Answer

Q:

A sum of Rs.1600 gives a simple interest of Rs.252 in 2 years and 3 months. The rate of interest per annum is 

939 0

  • 1
    $$ 5{1\over2}$$
    Correct
    Wrong
  • 2
    8%
    Correct
    Wrong
  • 3
    7%
    Correct
    Wrong
  • 4
    6%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "7% "

Q:

A sum of money lent out at simple interest amounts to ₹720 after 2 years and 1020 after a further period of 5 years. Find the principal. 

934 0

  • 1
    ₹ 1740
    Correct
    Wrong
  • 2
    ₹ 120
    Correct
    Wrong
  • 3
    ₹ 6000
    Correct
    Wrong
  • 4
    ₹ 600
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "₹ 600 "

  • Show AnswerHide Answer
  • Workspace

Answer : 2. "500"

Q:

The principal which gives ₹ 1 interest per day at a rate of 5 % simple interest per annum is 

915 0

  • 1
    ₹ 5000
    Correct
    Wrong
  • 2
    ₹35500
    Correct
    Wrong
  • 3
    ₹ 7300
    Correct
    Wrong
  • 4
    ₹3650
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "₹ 7300 "

Q:

A man invested Rs.25000 on simple interest at R% p.a. If interest received by man is three twentieth of the principal after three years, then find ‘R’?

913 0

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

Answer : 1. "5%"

Q:

A certain sum of Rs.4200 becomes Rs5523 at 11% p.a simple interest in a certain time. What is the simple interest on the sum of Rs. 4800 at the same rate and in same time period?

911 0

  • 1
    1346
    Correct
    Wrong
  • 2
    1512
    Correct
    Wrong
  • 3
    1506
    Correct
    Wrong
  • 4
    1495
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "1512 "

Q:

Any money at the rate of simple interest becomes Rs 1143 in 3 years and Rs 1305 in 5 years Find the rate of principal and interest.

907 0

  • 1
    960 and 5 %
    Correct
    Wrong
  • 2
    900 and 9%
    Correct
    Wrong
  • 3
    850 and 8 %
    Correct
    Wrong
  • 4
    800 and 4 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "900 and 9%"

Q:

If the simple interest on a certain sum of money for 2 years in one fifth of the Principal, then find rate of interest per annum. 

892 0

  • 1
    25%
    Correct
    Wrong
  • 2
    15%
    Correct
    Wrong
  • 3
    10%
    Correct
    Wrong
  • 4
    20%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "10% "

      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

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully