Simple Interest Questions Practice Question and Answer
8 Q: If the annual rate of simple interest increases from 8% to 13%, a man’s yearly income increases by Rs. 4800. His principal (in Rs.) is:
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5e8431eece19223edbcf9fe7- 1Rs.90,000false
- 2Rs.96,000true
- 3Rs.88,000false
- 4Rs.1,00,000false
- 5None of thesefalse
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Answer : 2. "Rs.96,000"
Q:Direction: Bar graph given below shows number of pens and pencils sold by five different shops. Read the data carefully and answer the questions.

A man invested Rs. 9600 in two equal parts on SI for T years and (T + 2) years at the rates of 12.5% p.a and 16% p.a respectively. If the man got a total interest of Rs. 4272, then find the value of T.
1753 061c341e3e343c027677ccada
61c341e3e343c027677ccada
- 11false
- 23false
- 31.5false
- 42.5false
- 52true
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Answer : 5. "2 "
Q: ₹ 26100 is divided between Ram and Shyam so that the interest that Ram receives in 3 years is the same as that Shyam receives in 6 years. If the interest rate of 4 % per annum then Ram's share is
1739 05f0d7c746d4355600947f3bb
5f0d7c746d4355600947f3bb- 1₹ 8,700false
- 2₹ 19,000false
- 3₹ 8,500false
- 4₹ 17,400true
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Answer : 4. "₹ 17,400 "
Q: The simple interest on a sum of money is 4 / 9 of the principal and the number of years is equal to the rate percent per annum. The rate per annum is
1739 05dfca8da54723673b3fedd00
5dfca8da54723673b3fedd00- 15 %false
- 2true
- 36 %false
- 4false
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Answer : 2. " "
Q: Two equal sum were lent out at 7% and 5% S.I respectively. The interest earned on the two loans add up to ₹960 for 4 years. The total sum lent out is
1716 05dd635e7db51363c023948b4
5dd635e7db51363c023948b4- 1₹ 3500false
- 2₹ 2500false
- 3₹ 2000true
- 4₹ 3000false
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Answer : 3. "₹ 2000 "
Q: Ramesh deposited ₹ 15600 in a fixed deposit at the rate of 10 % per annum simple interest. After every second year, he adds his interest earnings to the principal. The interest at the end of fourth year is
1694 05f043991d3626553adad5fd0
5f043991d3626553adad5fd0- 1₹ 3744true
- 2₹ 1872false
- 3₹ 1716false
- 4₹ 1560false
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Answer : 1. "₹ 3744 "
Q: Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9 % p. a. for the next five years and 13 % p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is ₹8,160, the money borrowed by him ( in ₹ ) was -
1679 05dd6357ac2282c484e4b7dfc
5dd6357ac2282c484e4b7dfc- 112,000false
- 26,000false
- 38,000true
- 410,000false
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Answer : 3. "8,000 "
Q: A sum of money becomes of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is: 1678 15cfdf50598d53c6bd3f9d354
5cfdf50598d53c6bd3f9d354- 1true
- 2false
- 318%false
- 425%false
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