Simple Interest Practice Question and Answer
8 Q: At what simple rate of interest a sum is double in 8 years?
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60f9328516158a5eedaec179- 111.0 %false
- 212.5 %true
- 312 %false
- 413.5 %false
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Answer : 2. "12.5 %"
Q: A sum of money was invested at a certain rate of simple interest for 2 years. Had it been invested at 1% higher rate, it would have fetched Rs.192 more interest. The sum of money is-
703 160f7d50aef8c4b405cab1ac4
60f7d50aef8c4b405cab1ac4- 1Rs.9000false
- 2Rs.9600true
- 3Rs.7200false
- 4Rs.8400false
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Answer : 2. "Rs.9600"
Q: The simple interest on a certain sum of the money at 4 % per annum for 4 years is Rs.80 more than the interest on the same sum for 3 years at 5 % per annum. Find the sum.
767 060b7104784a0c27500555fc3
60b7104784a0c27500555fc3- 1Rs. 6,000false
- 2Rs. 8000true
- 3Rs. 10000false
- 4Rs. 12000false
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Answer : 2. "Rs. 8000"
Q: An amount doubles itself in 5 years simple interest. What is the rate of interest per year?
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60b70eb8b8943672abc1d445- 120%true
- 235 %false
- 325 %false
- 4Cannot be determinedfalse
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Answer : 1. "20%"
Q: A sum of money becomes 3 times in 12 years. In how many years it will become 5 times at the same rate of simple interest?
778 060990bd6c4aedb3e8066a196
60990bd6c4aedb3e8066a196- 120 yearsfalse
- 216 yearsfalse
- 324 yearstrue
- 430 yearsfalse
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Answer : 3. "24 years "
Q: Rs. 1,080 invested for 3 months gave an interest of Rs. 27. The simple rate of interest per annum was :
947 0608292a360a06a7ffdaaf57c
608292a360a06a7ffdaaf57c- 12.5%false
- 25%false
- 37.5%false
- 410%true
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Answer : 4. "10%"
Q: Ms. Deksha borrow Rs. 575 at 5 % per annum simple interest. What amount (in rupees) will she pay to clear her debt after 4 years?
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606afbc26a85553684da0eae- 1690true
- 2115false
- 3151false
- 4960false
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Answer : 1. "690"
Q: Simple interest on an amount is Rs. 24 and true discount on the same is Rs. 20. The principal amount is
1074 06058699b4789ef0456dbef00
6058699b4789ef0456dbef00- 1110false
- 2120true
- 3140false
- 4100false
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