Simple Interest Questions Practice Question and Answer
8 Q: A sum of money becomes 4 times at simple interest in 10 years. What is the rate of interest?
2265 05ef18c3f7fed557ba2ab1ea8
5ef18c3f7fed557ba2ab1ea8- 120%false
- 225 %false
- 330 %true
- 4$$ 33{1\over3}\%$$false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "30 %"
Q: A sum of Rs. 10,000 is rent partly at 8% and remaining at 10% per annum. If the yearly interest on the average is 9.2%, the two parts are 2188 05cfdfb7cbc9a366f29325748
5cfdfb7cbc9a366f29325748- 1Rs. 4000, Rs. 6000true
- 2Rs. 4500, Rs. 5500false
- 3Rs. 5000, Rs. 5000false
- 4Rs. 5500, Rs. 4500false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 4000, Rs. 6000"
Q: A took a certain sum as loan from bank at a rate of 8 % Simple Interest per annum. A lends the same amount to B at 12 % Simple interest per annum. If at the end of the five years. A made profit of Rs 800 form the deal, how much was the original sum?
2164 05ea6d11d5657c22f7803c0fc
5ea6d11d5657c22f7803c0fc- 1Rs. 6500false
- 2Rs. 4000true
- 3Rs. 6200false
- 4Rs. 6000false
- 5Rs. 4500false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 4000 "
Q: Kirti invested a sum of money at a certain rate of simple interest per annum for 3 years in "Bachat scheme". Had she invested the same sum in "Shiksha scheme" for 3 years which has a 2% higher simple interest rate per annum, the investment would have fetched ₹540 more. How much did Kirti invest?
2041 06422557132185cce37079548
6422557132185cce37079548- 1₹ 9,500false
- 2₹ 9,000true
- 3₹ 7,000false
- 4₹ 8,000false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "₹ 9,000"
Q: A sum of money becomes triple itself in 16 years. In how many years will it become 5 times at the same rate?
1992 05ecf3ffe9eaf5347ec78f3d6
5ecf3ffe9eaf5347ec78f3d6- 115false
- 232true
- 327false
- 430false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "32"
Q: A sum is to be paid back in 3 equal annual instalments. The interest is compound annually at 30% per annum. If each instalment be Rs.21970 then what is the sum?
1898 05f5aface69ed13038c19e82a
5f5aface69ed13038c19e82a- 1Rs.39,800false
- 2Rs.39,900true
- 3Rs.39,950false
- 4Rs.39,990false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs.39,900"
Q: How much interest will be received in 2.5 years at the rate of 4 percent simple interest of Rs. 3,680?
1812 05f87fa3c58d85e164c543f96
5f87fa3c58d85e164c543f96- 1Rs. 72false
- 2Rs. 368true
- 3Rs. 92false
- 4Rs. 455false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs. 368"
Q: What sum will give Rs. 488 as the difference between simple interest and compound interest at 10% in $$ 1{1\over2}$$ years compounded half yearly ?
1811 05efea963eb90be58c595fae7
5efea963eb90be58c595fae7- 1Rs. 80,000false
- 2Rs. 72,000false
- 3Rs. 64,000true
- 4Rs. 68,000false
- Show AnswerHide Answer
- Workspace
- SingleChoice