Simple Interest Questions Practice Question and Answer

Q:

A man borrows some amount at the rate of 12% per annum at simple interest. After 6 years 8 months, he paid 720 as an interest. Find the amount borrowed by him. 

1064 0

  • 1
    ₹ 920
    Correct
    Wrong
  • 2
    ₹ 1620
    Correct
    Wrong
  • 3
    ₹ 900
    Correct
    Wrong
  • 4
    ₹ 960
    Correct
    Wrong
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Answer : 3. "₹ 900 "

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 0

  • 1
    Rs. 4000, Rs. 6000
    Correct
    Wrong
  • 2
    Rs. 4500, Rs. 5500
    Correct
    Wrong
  • 3
    Rs. 5000, Rs. 5000
    Correct
    Wrong
  • 4
    Rs. 5500, Rs. 4500
    Correct
    Wrong
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Answer : 1. "Rs. 4000, Rs. 6000"

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 

1532 0

  • 1
    5 %
    Correct
    Wrong
  • 2
    $$ 6{2\over 3}\% $$
    Correct
    Wrong
  • 3
    6 %
    Correct
    Wrong
  • 4
    $$ 8{2\over 3}\% $$
    Correct
    Wrong
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Answer : 2. "$$ 6{2\over 3}\% $$"

Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1528 1

  • 1
    30%
    Correct
    Wrong
  • 2
    25%
    Correct
    Wrong
  • 3
    22%
    Correct
    Wrong
  • 4
    18%
    Correct
    Wrong
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Answer : 2. "25%"

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 1

  • 1
    $$5{5\over9}\%$$
    Correct
    Wrong
  • 2
    $$6{5\over9}\%$$
    Correct
    Wrong
  • 3
    18%
    Correct
    Wrong
  • 4
    25%
    Correct
    Wrong
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Answer : 1. "$$5{5\over9}\%$$"

Q: A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and 3 months. The rate of interest per annum is : 2659 0

  • 1
    $$5{1\over2}\%$$
    Correct
    Wrong
  • 2
    8%
    Correct
    Wrong
  • 3
    7%
    Correct
    Wrong
  • 4
    6%
    Correct
    Wrong
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Answer : 3. "7%"
Explanation :

Q:

The difference between the simple interest between the simple interest received from two different sources on ₹ 1500 for 3 years is ₹ 13.50. The difference between their rate of interest is - 

1171 0

  • 1
    0.1 %
    Correct
    Wrong
  • 2
    0.2 %
    Correct
    Wrong
  • 3
    0.3 %
    Correct
    Wrong
  • 4
    0.4 %
    Correct
    Wrong
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Answer : 3. "0.3 % "

Q:

Ajay bought Rs.11,000 from a bank to buy a car at 12% simple Interest. If he paid Rs 6,600 as interest while clearing the loan, find the time for which the loan was given.

4387 0

  • 1
    3 year
    Correct
    Wrong
  • 2
    4 year
    Correct
    Wrong
  • 3
    5 year
    Correct
    Wrong
  • 4
    6 year
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. "5 year"

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