Simple Interest Questions Practice Question and Answer
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64105386b34a0b67fcdbe702 4 4 Q:
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Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1528 15b5cc6bee4d2b4197774d9a1
5b5cc6bee4d2b4197774d9a1- 130%false
- 225%true
- 322%false
- 418%false
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Answer : 2. "25%"
Q: The amount ₹2,100 became ₹ 2,352 in 2 years at simple interest. If the interest rate is decreased by 1%, what is the new interest?
364 0641054a856c45fd8d3ac4931
641054a856c45fd8d3ac4931- 1₹210true
- 2₹220false
- 3₹942false
- 4₹242false
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Answer : 1. "₹210"
Q: In what time will ₹8000, at 3% per annum, produce the same interest as ₹6000 does in 5 years at 4% simple interest is?
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6410540956c45fd8d3ac4305- 15 yearstrue
- 26 yearsfalse
- 33 yearsfalse
- 44 yearsfalse
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Answer : 1. "5 years"
Q: Atm of ₹2.400. amounts to ₹3,264 in 4 years at a certain rate of simple interest. If the rate of interest is increased by 1% the same sum in the same time would amount to-
362 064105386b34a0b67fcdbe702
64105386b34a0b67fcdbe702- 1₹3288false
- 2₹3340false
- 3₹3312false
- 4₹3360true
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Answer : 4. "₹3360"
Q: The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50. The difference between their rates of interest is : 1643 15cfdfae270433d6f12b5404b
5cfdfae270433d6f12b5404b- 10.1%false
- 20.2%false
- 30.3%true
- 40.4%false
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Answer : 3. "0.3%"
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: 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 2183 05cfdfb7cbc9a366f29325748
5cfdfb7cbc9a366f29325748- 1Rs. 4000, Rs. 6000true
- 2Rs. 4500, Rs. 5500false
- 3Rs. 5000, Rs. 5000false
- 4Rs. 5500, Rs. 4500false
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Answer : 1. "Rs. 4000, Rs. 6000"
Q: The simple interest on a sum of money is $${4\over 9}$$of the principal and the number of years is equal to the rate percent per annum. The rate per annum is : 1637 05cfdfdf770433d6f12b54050
5cfdfdf770433d6f12b54050- 15%false
- 2$$6{2\over3}\%$$true
- 36%false
- 4$$7{1\over5}\%$$false
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Answer : 2. "$$6{2\over3}\%$$"
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