Simple Interest Practice Question and Answer
8 4 Q: At what rate percent per annum will the simple interest on a sum of money be
5cfdff59bc9a366f2932575a 4 Q:
5ebbcd71beb61d2288e2af07 4 4 Q: A sum of money becomes
5cfdf50598d53c6bd3f9d354 Answer : 1. "
4 Answer : 3. "7%"
4 Q:
5dad6e6855abe308d8014313 4 Q:
5e6b8485b88436739429103c 4 Q:
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Q: At what rate percent per annum will the simple interest on a sum of money be of the principal amount in 10 years? 1592 05cfdff59bc9a366f2932575a
5cfdff59bc9a366f2932575a- 14%true
- 26%false
- 3false
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Answer : 1. "4%"
Q: The simple interest accrued on an amount of Rs. 8500 at the end of four years is Rs.3400. What would be the compound interest accrued on the same amount at the same rate of interest after three years?
1471 05ebbcd71beb61d2288e2af07
5ebbcd71beb61d2288e2af07- 1₹ 2560.25false
- 2₹ 2813.5true
- 3₹ 2740false
- 4₹ 2944false
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Answer : 2. "₹ 2813.5 "
Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1639 15b5cc6bee4d2b4197774d9a1
5b5cc6bee4d2b4197774d9a1- 130%false
- 225%true
- 322%false
- 418%false
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Answer : 2. "25%"
Q: A sum of money becomes of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is: 1685 15cfdf50598d53c6bd3f9d354
5cfdf50598d53c6bd3f9d354- 1true
- 2false
- 318%false
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Answer : 1. " "
Q: A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and 3 months. The rate of interest per annum is : 2803 05cfdfc5bbc9a366f2932574d
5cfdfc5bbc9a366f2932574d- 1false
- 28%false
- 37%true
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Answer : 3. "7%"
Explanation :
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 %?
1141 05dad6e6855abe308d8014313
5dad6e6855abe308d8014313- 1₹ 484false
- 2₹ 560false
- 3₹ 512true
- 4None of thesefalse
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Answer : 3. "₹ 512 "
Q: Out of ₹ 20, 000 Narendra gives some amount on loan at simple interest rate 8 % per annum and rest amount at simple interest rate 4 / 3 % per annum. At the end of year he earns ₹ 800. The amount given at 8 % rate will be –
1664 05e6b8485b88436739429103c
5e6b8485b88436739429103c- 1₹ 10,000false
- 2₹ 12,000false
- 3₹ 8,000true
- 4₹ 6,000false
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Answer : 3. "₹ 8,000 "
Q: A sum of money was lent at simple interest at certain rate for 3 years. Had it been lent at 2.5 % per annum higher rate, it would have fetched ₹ 540 more. The money lent was
1791 05f0d469bfce67160728dd82a
5f0d469bfce67160728dd82a- 1₹ 6840false
- 2₹ 7200true
- 3₹ 6400false
- 4₹ 6472false
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