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:
1769 05e8431eece19223edbcf9fe7
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: In a certain time, the ratio of a certain principle and interest obtained from it are in the ratio 10 : 3 at 10 % interest per annum. The number of years for which the money was invested is?
907 05f0d47be9b26c36beb2fd731
5f0d47be9b26c36beb2fd731- 15 yearsfalse
- 27 yearsfalse
- 31 yearsfalse
- 43 yearstrue
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Answer : 4. "3 years "
Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1639 15b5cc6bee4d2b4197774d9a1
5b5cc6bee4d2b4197774d9a1- 130%false
- 225%true
- 322%false
- 418%false
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Answer : 2. "25%"
Q: A sum of money becomes
5cfdf50598d53c6bd3f9d354- 1true
- 2false
- 318%false
- 425%false
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Answer : 1. "
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 : 2802 05cfdfc5bbc9a366f2932574d
5cfdfc5bbc9a366f2932574d- 1false
- 28%false
- 37%true
- 46%false
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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 -
1283 05db034e8eb701b4db6e86ca7
5db034e8eb701b4db6e86ca7- 10.1 %false
- 20.2 %false
- 30.3 %true
- 40.4 %false
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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.
4521 05e842dbd41a4013349c149b6
5e842dbd41a4013349c149b6- 13 yearfalse
- 24 yearfalse
- 35 yeartrue
- 46 yearfalse
- 5None of thesefalse
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Answer : 3. "5 year"
Q: 2 years, a sum was put at SI at a certain rate. If the rate was 3 % higher, it would have fetched 300 more. What will be the sum?
920 05f0d4818fce67160728ddd81
5f0d4818fce67160728ddd81- 12500false
- 24484false
- 35000true
- 44800false
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