Simple Interest Practice Question and Answer
8 Q: What is the difference between the interest of Ram and Shyam in the given picture if Ram's money is on simple interest and Shyam's money is on compound interest.

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5ef056958022cc4acbba92eb- 1735.905false
- 2745.904true
- 3735.904false
- 4740.905false
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Answer : 2. "745.904"
Q: Simple interest on an amount is Rs. 24 and true discount on the same is Rs. 20. The principal amount is
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6058699b4789ef0456dbef00- 1110false
- 2120true
- 3140false
- 4100false
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Answer : 2. "120"
Q: What would be the simple interest obtained on amount of Rs.6,535 at the rate of 10% Percent per annum after 6 years?
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5f0ec250f4c8bf4bad01db4d- 13,414false
- 23,807false
- 33,149false
- 43,921true
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Answer : 4. "3,921"
Q: Simple interest accrued on an amount in 8 yr @ 12 % per annum is Rs 5520 What is the principal amount ?
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5e6c8fb58fcee56af205b00b- 1Rs 5750true
- 2Rs 8500false
- 3Rs 5650false
- 4Rs 8250false
- 5None of thesefalse
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Answer : 1. "Rs 5750"
Q: After 4 years, the difference between principal and simple interest is Rs. 228 at the rate of 6 percent simple interest, so what is the amount of principal?
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60373f699d90e74af72ad653- 1Rs. 300true
- 2Rs. 400false
- 3Rs. 500false
- 4Rs. 600false
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Answer : 1. "Rs. 300 "
Q: A sum of ₹ 400 amounts to ₹ 480 in 4 years. What will it amount to if the rate of interest is increased by 2 %?
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5dad6e6855abe308d8014313- 1₹ 484false
- 2₹ 560false
- 3₹ 512true
- 4None of thesefalse
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Answer : 3. "₹ 512 "
Q: At the rate of 8 % simple annual interest, if an amount becomes Rs. 819 in 3 years and 3 months, then what was the original amount?
1139 05f87f636b7ad805e26c7b573
5f87f636b7ad805e26c7b573- 1Rs. 675false
- 2Rs. 700false
- 3Rs. 276false
- 4Rs. 650true
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Answer : 4. "Rs. 650"
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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610c072a997056628331105c- 19true
- 26false
- 38false
- 412false
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