Simple Interest Questions Practice Question and Answer
8 Q: A sum of ₹ 400 amounts to ₹ 480 in 4 years. What will it amount to if the rate of interest is increased by 2 %?
1060 05dad6e6855abe308d8014313
5dad6e6855abe308d8014313- 1₹ 484false
- 2₹ 560false
- 3₹ 512true
- 4None of thesefalse
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Answer : 3. "₹ 512 "
Q: A sum of money was lent at simple interest at certain rate for 3 years. Had it been lent at 2.5 % per annum higher rate, it would have fetched ₹ 540 more. The money lent was
1685 05f0d469bfce67160728dd82a
5f0d469bfce67160728dd82a- 1₹ 6840false
- 2₹ 7200true
- 3₹ 6400false
- 4₹ 6472false
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Answer : 2. "₹ 7200"
Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1553 15b5cc6bee4d2b4197774d9a1
5b5cc6bee4d2b4197774d9a1- 130%false
- 225%true
- 322%false
- 418%false
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Answer : 2. "25%"
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: 1578 15cfdf50598d53c6bd3f9d354
5cfdf50598d53c6bd3f9d354- 1$$5{5\over9}\%$$true
- 2$$6{5\over9}\%$$false
- 318%false
- 425%false
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Answer : 1. "$$5{5\over9}\%$$"
Q: A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and 3 months. The rate of interest per annum is : 2691 05cfdfc5bbc9a366f2932574d
5cfdfc5bbc9a366f2932574d- 1$$5{1\over2}\%$$false
- 28%false
- 37%true
- 46%false
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Answer : 3. "7%"
Explanation :
Q: The difference between the simple interest between the simple interest received from two different sources on ₹ 1500 for 3 years is ₹ 13.50. The difference between their rate of interest is -
1199 05db034e8eb701b4db6e86ca7
5db034e8eb701b4db6e86ca7- 10.1 %false
- 20.2 %false
- 30.3 %true
- 40.4 %false
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Answer : 3. "0.3 % "
Q: Ajay bought Rs.11,000 from a bank to buy a car at 12% simple Interest. If he paid Rs 6,600 as interest while clearing the loan, find the time for which the loan was given.
4420 05e842dbd41a4013349c149b6
5e842dbd41a4013349c149b6- 13 yearfalse
- 24 yearfalse
- 35 yeartrue
- 46 yearfalse
- 5None of thesefalse
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Answer : 3. "5 year"
Q: 2 years, a sum was put at SI at a certain rate. If the rate was 3 % higher, it would have fetched 300 more. What will be the sum?
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5f0d4818fce67160728ddd81- 12500false
- 24484false
- 35000true
- 44800false
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