Simple Interest Practice Question and Answer

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?

658 0

  • 1
    Rs. 9600
    Correct
    Wrong
  • 2
    Rs. 6000
    Correct
    Wrong
  • 3
    Rs. 8400
    Correct
    Wrong
  • 4
    Rs. 9000
    Correct
    Wrong
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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?

937 0

  • 1
    2 year
    Correct
    Wrong
  • 2
    2 year 6 month
    Correct
    Wrong
  • 3
    3 year
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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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?

535 0

  • 1
    5000
    Correct
    Wrong
  • 2
    7500
    Correct
    Wrong
  • 3
    10000
    Correct
    Wrong
  • 4
    15000
    Correct
    Wrong
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Answer : 2. "7500"

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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%. 

2293 0

  • 1
    ₹ 2800
    Correct
    Wrong
  • 2
    ₹ 3000
    Correct
    Wrong
  • 3
    ₹ 2500
    Correct
    Wrong
  • 4
    ₹ 2400
    Correct
    Wrong
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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 ?

851 0

  • 1
    4 Years
    Correct
    Wrong
  • 2
    3 Years
    Correct
    Wrong
  • 3
    5 years
    Correct
    Wrong
  • 4
    2½ Years
    Correct
    Wrong
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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?

782 0

  • 1
    9
    Correct
    Wrong
  • 2
    6
    Correct
    Wrong
  • 3
    8
    Correct
    Wrong
  • 4
    12
    Correct
    Wrong
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Answer : 1. "9"

Q:

A sum become Rs. 10,650 in 5 years and Rs.11076 in 6 years at simple interest. What is the sum?

984 0

  • 1
    Rs.8946
    Correct
    Wrong
  • 2
    Rs. 8740
    Correct
    Wrong
  • 3
    Rs. 8520
    Correct
    Wrong
  • 4
    Rs.8800
    Correct
    Wrong
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Answer : 3. "Rs. 8520"

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