Simple Interest Questions Practice Question and Answer
8 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?
781 05fa91b5b4e71ba46b02a64b7
5fa91b5b4e71ba46b02a64b7- 11800false
- 21600false
- 32000true
- 42100false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "2000"
Q: A property fetches a net annual income of ₹1000 deducting all outgoings. The capitalized value of the property for the rate of interest 6% will be (in ₹) -
776 062ff7acffef7996822ddfa7c
62ff7acffef7996822ddfa7c- 1₹16667.00true
- 2₹15003.00false
- 3₹18000.00false
- 4None of the abovefalse
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "₹16667.00"
Q: A sum of money lent at simple interest amounts to ₹ 880 in 2 years and to ₹ 920 in 3 years. The sum of money (in rupees) is
767 0624d63766dc29f5ccd0ea9d9
624d63766dc29f5ccd0ea9d9- 1784false
- 2800true
- 3700false
- 4760false
- Show Answer
- Workspace
- SingleChoice
Answer : 2. "800"
Explanation :
Q: The simple interest on a certain sum at 15% per annum for 5 year is Rs1500 more to the simple interest on the same at 12% per annum for the same period. Find the sum-
764 062c6a3a451fe3472d68fbcb4
62c6a3a451fe3472d68fbcb4- 1Rs 12000false
- 2Rs 12500false
- 3Rs 8000false
- 4Rs 10000true
- 5None of thesefalse
- Show Answer
- Workspace
- SingleChoice
Answer : 4. "Rs 10000"
Q: A sum of money becomes Rs 16000 in 6 years at the rate of 25% per annum simple interest. What is the total interest for 6 years?
751 0624315a7398e4a497b38c65a
624315a7398e4a497b38c65a- 1Rs. 9600true
- 2Rs. 6000false
- 3Rs. 8400false
- 4Rs. 9000false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 9600 "
Q: A certain sum of money lent out at simple interest amounts to Rs. 2400 in 4 years and Rs. 3000 in 6 years. Find the rate of interest per annum?
739 063d0c6d10d9e560db8e9f83c
63d0c6d10d9e560db8e9f83c- 120 %false
- 218 %false
- 325 %true
- 415 %false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "25 %"
Q: In how much time will a sum of Rs. 12500 amounts to Rs. 20000 at the rate of 8 percent per annum at simple interest?
738 0644f9fed508d9a21f78e706d
644f9fed508d9a21f78e706d- 110 yearsfalse
- 27.5 yearstrue
- 38 yearsfalse
- 412.5 yearsfalse
- Show Answer
- Workspace
- SingleChoice
Answer : 2. "7.5 years"
Q: Mahesh invests a sum of money which becomes Rs. 1344 in 3 years and Rs. 1536 in 7 years. How much had he invested?
730 063d2968d6071cf76fc1eb5ab
63d2968d6071cf76fc1eb5ab- 11800false
- 21200true
- 31500false
- 42800false
- Show Answer
- Workspace
- SingleChoice