Simple Interest Practice Question and Answer
8 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: The simple interest on ₹ 4,000 in 3 years at the rate of x % per annum equals the simple interest on ₹ 5,000 at the rate of 12% per annum in 2 years. The value of x is
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5dd634a4db51363c0239468e- 110 %true
- 26 %false
- 38 %false
- 49 %false
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Answer : 1. "10 % "
Q: Ram deposited a certain sum of money in a company at 12 % per annum simple interest for 4 years and deposited equal amount in fixed deposit in a bank for 5 years at 15 % per annum simple interest. If the difference in the interest from two sources is ₹ 1350 than the sum deposited in each case is
992 05dca56b588990a4b0e803191
5dca56b588990a4b0e803191- 1₹ 3000false
- 2₹4000false
- 3₹ 6500false
- 4₹ 5000true
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Answer : 4. "₹ 5000"
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?
986 05f87f636b7ad805e26c7b573
5f87f636b7ad805e26c7b573- 1Rs. 675false
- 2Rs. 700false
- 3Rs. 276false
- 4Rs. 650true
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Answer : 4. "Rs. 650"
Q: A sum become Rs. 10,650 in 5 years and Rs.11076 in 6 years at simple interest. What is the sum?
984 0610c0344a0824f7eeb5c9240
610c0344a0824f7eeb5c9240- 1Rs.8946false
- 2Rs. 8740false
- 3Rs. 8520true
- 4Rs.8800false
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Answer : 3. "Rs. 8520"
Q: A person deposited ₹500 for 4 years and ₹ 600 for 3 years at the same rate of simple interest in a bank. Altogether he received ₹ 190 as interest. The rate of simple interest per annum was
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5dd63277c2282c484e4b5ee6- 14 %false
- 25 %true
- 32 %false
- 43 %false
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Answer : 2. "5 % "
Q: A sum of ₹ 800 amounts to ₹ 920 in 3 years at the simple interest rate. If the rate is increased by 3 % p.a., what will be the sum amount to in the same period?
961 05f0d4a9acec10557a8deb2cc
5f0d4a9acec10557a8deb2cc- 1₹ 942false
- 2₹ 982false
- 3₹ 992true
- 4₹ 962false
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Answer : 3. "₹ 992"
Q: Find the simple interest on a principal of Rs.1250 at the rate of 5% for a time of 219 days.
960 0601a4e2b8f9c7c5b6d8f1433
601a4e2b8f9c7c5b6d8f1433- 132.5false
- 244.5false
- 337.5true
- 436.5false
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