Simple Interest Questions Practice Question and Answer
8 Q: The simple interest on a sum of money is $$8\over 25$$ of the sum. If the number of years is numerically half the rate percent per annum, then the rate percent per annum is
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Answer : 2. "8%"
Q: A sum of money becomes Rs 16000 in 6 years at the rate of 25% per annum simple interest. What is the total interest for 6 years?
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624315a7398e4a497b38c65a- 1Rs. 9600true
- 2Rs. 6000false
- 3Rs. 8400false
- 4Rs. 9000false
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Answer : 1. "Rs. 9600 "
Q: In what time will the annual simple interest rate at $$ {6{1\over4}{\%}}$$ , 72 rupees becomes 81 rupees?
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5f8014474e4f797ddbd7c4de- 12 yeartrue
- 22 year 6 monthfalse
- 33 yearfalse
- 4None of thesefalse
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Answer : 1. " 2 year"
Q: What sum of money must be given as simple interest for six months at 4% per annum in order to earn 150 interest?
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6218ed9b3e501f3ab0a886cb- 15000false
- 27500true
- 310000false
- 415000false
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Answer : 2. "7500"
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.
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- 23false
- 31.5false
- 42.5false
- 52true
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Answer : 5. "2 "
Q: Aryan invested ₹ 5200 at 4 %, 6 % and 8 % per annum simple interest. At the end of the year, he got the same interest in all the three cases, find the money invested at 4%.
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6142c25b56320f13fbcafe78- 1₹ 2800false
- 2₹ 3000false
- 3₹ 2500false
- 4₹ 2400true
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Answer : 4. "₹ 2400 "
Q: A sum of ₹ 3000 yields an interest of ₹ 1080 at 12% per annum simple interest in how many years ?
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6116217a56340c20700ac41d- 14 Yearsfalse
- 23 Yearstrue
- 35 yearsfalse
- 42½ Yearsfalse
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Answer : 2. "3 Years"
Q: A sum becomes 5 times of itself in 3 years at compound interest (interest is compounded annually). In how many years will the sum becomes 125 times of itself?
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- 26false
- 38false
- 412false
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