Simple Interest Questions Practice Question and Answer
8 Q: The simple interest on a certain sum of the money at 4 % per annum for 4 years is Rs.80 more than the interest on the same sum for 3 years at 5 % per annum. Find the sum.
772 060b7104784a0c27500555fc3
60b7104784a0c27500555fc3- 1Rs. 6,000false
- 2Rs. 8000true
- 3Rs. 10000false
- 4Rs. 12000false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 8000"
Q: Which amount will be Rs 520 in 5 years with simple interest and Rs 568 in 7 years?
770 0602df66ba503a25a4b89cf53
602df66ba503a25a4b89cf53- 1400true
- 2120false
- 3310false
- 4220false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "400"
Q: A certain sum (in Rs.) is invested at simple interest at x% p.a. for 5 years. Had it been invested at (x+5)% p.a, the simple interest would have been Rs.9,200 more than the earlier one. What is the sum?
767 06051c468a37d522d6c151713
6051c468a37d522d6c151713- 1Rs. 36,800true
- 2Rs. 36,400false
- 3Rs. 35,800false
- 4Rs.40,000false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 36,800"
Q: A sum of money at double the rate of simple interest doubles itself in 10 years. In how much time will that amount be triple of itself?
762 05f76c8e6e487e60dced902dc
5f76c8e6e487e60dced902dc- 115 yearsfalse
- 218 yearsfalse
- 320 yearstrue
- 430 yearsfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "20 years"
Q: After 4 years, the difference between principal and simple interest is Rs. 228 at the rate of 6 percent simple interest, so what is the amount of principal?
754 060373f699d90e74af72ad653
60373f699d90e74af72ad653- 1Rs. 300true
- 2Rs. 400false
- 3Rs. 500false
- 4Rs. 600false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 300 "
Q: A sum of money becomes two times of itself in 8 years at simple interest, and it becomes four times of itself in 2 years at compound interest, when interest is compounded annually. Find the ratio of the rate of simple interest to the rate of compound interest offered per year.
715 0642255deed76c064b8506f1b
642255deed76c064b8506f1b- 12 : 3false
- 23 : 5false
- 35 : 3false
- 41 : 8true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "1 : 8"
Q: A sum of money was invested at a certain rate of simple interest for 2 years. Had it been invested at 1% higher rate, it would have fetched Rs.192 more interest. The sum of money is-
707 160f7d50aef8c4b405cab1ac4
60f7d50aef8c4b405cab1ac4- 1Rs.9000false
- 2Rs.9600true
- 3Rs.7200false
- 4Rs.8400false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs.9600"
Q: The simple interest on an amount at the rate of 7 percent for five years is Rs 700. So how much is the principal?
703 05fa91b5b4e71ba46b02a64b7
5fa91b5b4e71ba46b02a64b7- 11800false
- 21600false
- 32000true
- 42100false
- Show AnswerHide Answer
- Workspace
- SingleChoice