Simple Interest Questions Practice Question and Answer

Q:

What is the rate of interest per annum for simple interest at which Rs.880 amounts to Rs.913 in $$1{1\over 2}$$years?

499 0

  • 1
    $$2{2\over 3}\%$$
    Correct
    Wrong
  • 2
    $$2{1\over 4}\%$$
    Correct
    Wrong
  • 3
    $$2{1\over 2}\%$$
    Correct
    Wrong
  • 4
    $$2{1\over 3}\%$$
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "$$2{1\over 2}\%$$"

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?

641 0

  • 1
    10 years
    Correct
    Wrong
  • 2
    7.5 years
    Correct
    Wrong
  • 3
    8 years
    Correct
    Wrong
  • 4
    12.5 years
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "7.5 years"

Q:

What will be the ratio of the interests earned by identical sum of money invested at the same rate of simple interest for 6 years and for 15 years respectively?

379 0

  • 1
    3 : 5
    Correct
    Wrong
  • 2
    5 : 3
    Correct
    Wrong
  • 3
    5 : 2
    Correct
    Wrong
  • 4
    2 : 5
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "2 : 5"

  • Show AnswerHide Answer
  • Workspace

Answer : 4. "1 : 8"

  • Show AnswerHide Answer
  • Workspace

Answer : 2. "₹ 9,000"

Q:

 If 64 amount to 83.20 in 2 years what will ₹ 86 amount to in 4 years at the same rate percent per annum? 

563 0

  • 1
    132.50
    Correct
    Wrong
  • 2
    135.60
    Correct
    Wrong
  • 3
    137.60
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "137.60"

Q:

At what rate per cent per annum will a sum of money double in 8 years?

452 0

  • 1
    12.5%
    Correct
    Wrong
  • 2
    13.5%
    Correct
    Wrong
  • 3
    11.5%
    Correct
    Wrong
  • 4
    14.5%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "12.5%"

Q:

The difference between the simple interest and the compound interest on a certain amount at 5% for two years is 25, what is the amount?

581 0

  • 1
    8000
    Correct
    Wrong
  • 2
    9000
    Correct
    Wrong
  • 3
    10,000
    Correct
    Wrong
  • 4
    15,000
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "10,000 "

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully