Simple Interest Questions Practice Question and Answer
8 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
1627 05f0d7c746d4355600947f3bb
5f0d7c746d4355600947f3bb- 1₹ 8,700false
- 2₹ 19,000false
- 3₹ 8,500false
- 4₹ 17,400true
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Answer : 4. "₹ 17,400 "
Q: Mr. Dutta desired to deposit his retirement benefit of ₹3 lacs partly to a post office and partly to a bank at 10 % and 6 % simple interests respectively. If his monthly interest income was ₹ 2000, then the difference of his deposits in the post office and in the bank was -
1623 05f0d5ba96d4355600947531a
5f0d5ba96d4355600947531a- 1₹ 40,000false
- 2₹ 50,000false
- 3₹ 1,00,000false
- 4₹ Niltrue
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Answer : 4. "₹ Nil "
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
1612 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
1599 05f043991d3626553adad5fd0
5f043991d3626553adad5fd0- 1₹ 3744true
- 2₹ 1872false
- 3₹ 1716false
- 4₹ 1560false
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Answer : 1. "₹ 3744 "
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.
1592 061c341e3e343c027677ccada
61c341e3e343c027677ccada- 11false
- 23false
- 31.5false
- 42.5false
- 52true
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Answer : 5. "2 "
Q: Out of ₹ 20, 000 Narendra gives some amount on loan at simple interest rate 8 % per annum and rest amount at simple interest rate 4 / 3 % per annum. At the end of year he earns ₹ 800. The amount given at 8 % rate will be –
1567 05e6b8485b88436739429103c
5e6b8485b88436739429103c- 1₹ 10,000false
- 2₹ 12,000false
- 3₹ 8,000true
- 4₹ 6,000false
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Answer : 3. "₹ 8,000 "
Q: What is the simple interest when Rs. 13000 get the interest Rs. 6,370 in the $$ {3{1\over 2}}$$ year?
1555 05fb4e1702638fd6f56649583
5fb4e1702638fd6f56649583- 15 %false
- 210 %false
- 314 %true
- 412%false
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Answer : 3. "14 %"
Q: A sum of money becomes $${7\over6}$$ of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is: 1550 15cfdf50598d53c6bd3f9d354
5cfdf50598d53c6bd3f9d354- 1$$5{5\over9}\%$$true
- 2$$6{5\over9}\%$$false
- 318%false
- 425%false
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