Simple Interest Questions Practice Question and Answer

Q:

On a sum Rina earn a interest of Rs. 1519 at S.I. in 7 years at 7% p.a. Find the sum.

432 0

  • 1
    Rs. 3100
    Correct
    Wrong
  • 2
    Rs.3000
    Correct
    Wrong
  • 3
    Rs.2800
    Correct
    Wrong
  • 4
    Rs. 3200
    Correct
    Wrong
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Answer : 1. "Rs. 3100 "

Q:

Mahesh invests a sum of money which becomes Rs. 1344 in 3 years and Rs. 1536 in 7 years. How much had he invested?

463 0

  • 1
    1800
    Correct
    Wrong
  • 2
    1200
    Correct
    Wrong
  • 3
    1500
    Correct
    Wrong
  • 4
    2800
    Correct
    Wrong
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Answer : 2. "1200"

Q:

A certain sum of money lent out at simple interest amounts to Rs. 2400 in 4 years and Rs. 3000 in 6 years. Find the rate of interest per annum?

616 0

  • 1
    20 %
    Correct
    Wrong
  • 2
    18 %
    Correct
    Wrong
  • 3
    25 %
    Correct
    Wrong
  • 4
    15 %
    Correct
    Wrong
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Answer : 3. "25 %"

Q:

Answer the following questions

At a simple interest Rs. 3050 becomes Rs. 4026 in four years. If the interest rate was increased by 4% how much would Rs.7500 become in four years ?

424 0

  • 1
    Rs.13100
    Correct
    Wrong
  • 2
    Rs.11200
    Correct
    Wrong
  • 3
    Rs. 12100
    Correct
    Wrong
  • 4
    Rs.11100
    Correct
    Wrong
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Answer : 4. "Rs.11100 "

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Answer : 1. "Rs. 8000 "

Q: In what time will the simple interest be $${2\over 5}$$ of the principle at 8 percent per annum ? 1115 0

  • 1
    8 years
    Correct
    Wrong
  • 2
    7 years
    Correct
    Wrong
  • 3
    5 years
    Correct
    Wrong
  • 4
    6 years
    Correct
    Wrong
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Answer : 3. "5 years"

Q: At what rate percent per annum will the simple interest on a sum of money be $${2\over 5}$$ of the principal amount in 10 years? 1476 0

  • 1
    4%
    Correct
    Wrong
  • 2
    6%
    Correct
    Wrong
  • 3
    $$5{2\over3}\%$$
    Correct
    Wrong
  • 4
    $$6{2\over3}\%$$
    Correct
    Wrong
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Answer : 1. "4%"

Q:

What would be the simple interest obtained on an amount of `6,535 at the rate of 10 % p.a. (percent per annum) after 6 years?

515 0

  • 1
    3414
    Correct
    Wrong
  • 2
    3921
    Correct
    Wrong
  • 3
    3807
    Correct
    Wrong
  • 4
    3149
    Correct
    Wrong
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Answer : 2. "3921"

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