Simple Interest Questions Practice Question and Answer
8 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.
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Answer : 3. "10% "
Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1642 15b5cc6bee4d2b4197774d9a1
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Answer : 2. "25%"
Q: A sum of money becomes
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Answer : 1. "
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 : 2804 05cfdfc5bbc9a366f2932574d
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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 -
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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.
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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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Answer : 3. "5000 "
Q: Aryan invested ₹ 5200 at 4 %, 6 % and 8 % per annum simple interest. At the end of the year, he got the same interest in all the three cases, find the money invested at 4%.
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