Simple Interest Questions Practice Question and Answer
8 Q: If $${8+2\sqrt{3} \over 3\sqrt{3}+5}=a\sqrt{3}-b$$, then the value of a+b is equal to:
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64ccb87a8f85ca71558e4d76- 118true
- 215false
- 324false
- 416false
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Answer : 1. "18"
Q: A certain sum amounts to ₹15,500 in 2 years at 12% p.a. simple interest. The same sum will amount to what in$$1{1\over 2}$$ years at 10% p.a., if the interest is compounded half yearly (nearest to ₹1)?
414 064be676823047f4c71dc9c42
64be676823047f4c71dc9c42- 1₹ 14,470true
- 2₹ 15,125false
- 3₹ 14,360false
- 4₹ 13,460false
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Answer : 1. "₹ 14,470"
Q: A sum triple itself in 9 years at simple interest. Find the rate of interest per annum is.
583 064b50596e154aff53372df18
64b50596e154aff53372df18- 1$$38{2\over 9} \% $$false
- 2$$33{1\over 3} \% $$false
- 3$$27{1\over 9} \% $$false
- 4$$22{2\over 9} \% $$true
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Answer : 4. "$$22{2\over 9} \% $$"
Q: What is the ratio of the simple interest earned on a certain amount at the rate of 21% per annum for 8 years to that earned on the same sum at the same rate for 21 years?
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64a5449fdc607a4d2b2861b8- 18:21true
- 221:5false
- 35:21false
- 421:8false
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Answer : 1. "8:21 "
Q: In 5 years, the simple interest on an amount of Rs. X is $$2\over 5$$ of the principal. The rate of interest per annum is:
444 0649e789746047484bc7daf92
649e789746047484bc7daf92- 112%false
- 28%true
- 310%false
- 45%false
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Answer : 2. "8%"
Q: The difference of simple interest from two banks on ₹8,000 in 3 years is ₹800. If the rate of interest per annum in two banks are R1 and R2, then what is the value of R1 - R2? (Where R1 > R2)
866 064953da1187426e0496a835f
64953da1187426e0496a835f- 1$$ 5{1\over 3}\% $$false
- 2$$ 3{1\over 3}\% $$false
- 3$$ 1{1\over 3}\% $$true
- 4$$ 2{1\over 3}\% $$false
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Answer : 3. " $$ 1{1\over 3}\% $$"
Q: A sum of money doubles itself in 7 years at simple interest. In how much time will it become 5 times of itself?
464 0648723eee8d2170cb3a23c6b
648723eee8d2170cb3a23c6b- 121 yearsfalse
- 225 yearsfalse
- 328 yearstrue
- 423 yearsfalse
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Answer : 3. "28 years"
Q: A person deposited ₹15,600 in a fixed deposit at 10% per annum simple interest. After every second year he adds his interest earned to the principal. The interest at the end of 4 years is:
544 06481860c23e51f477708d12b
6481860c23e51f477708d12b- 1₹6,655false
- 2₹3,744false
- 3₹6,864true
- 4₹3,975false
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