Simple Interest Practice Question and Answer
8 Q: A certain sum (in Rs.) is invested at simple interest at x% p.a. for 5 years. Had it been invested at (x+5)% p.a, the simple interest would have been Rs.9,200 more than the earlier one. What is the sum?
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6051c468a37d522d6c151713- 1Rs. 36,800true
- 2Rs. 36,400false
- 3Rs. 35,800false
- 4Rs.40,000false
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Answer : 1. "Rs. 36,800"
Q: At what rate percent per annum will a sum of Rs.5000 amount to Rs.6000 in 4 years?
2472 060376f1e24cd273bc4f52076
60376f1e24cd273bc4f52076- 15%true
- 26%false
- 33.5%false
- 44%false
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Answer : 1. "5% "
Q: The difference between the compound interest and simple interest of a certain sum of amount is rupees 256.40 for 4 years at 10% rate per annum. Find the sum of money?
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60376e53cd43d04a8f4b7ae5- 14800false
- 26000false
- 34000true
- 44500false
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Answer : 3. "4000"
Q: The amount of Rs 400 becomes Rs 480 in 4 years. If the rate of interest is increased by 2 percent, how much will it be?
765 060373fd19792c13b285804f3
60373fd19792c13b285804f3- 1Rs. 484false
- 2Rs. 560false
- 3Rs. 512true
- 4None of thesefalse
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Answer : 3. "Rs. 512 "
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?
719 060373f699d90e74af72ad653
60373f699d90e74af72ad653- 1Rs. 300true
- 2Rs. 400false
- 3Rs. 500false
- 4Rs. 600false
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Answer : 1. "Rs. 300 "
Q: A certain sum of Rs.4200 becomes Rs5523 at 11% p.a simple interest in a certain time. What is the simple interest on the sum of Rs. 4800 at the same rate and in same time period?
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602e408f6d461f66398818d3- 11346false
- 21512true
- 31506false
- 41495false
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Answer : 2. "1512 "
Q: At what annual percentage rate, 10 years of simple interest on an amount will be $$ {2\over 5}$$ of the addition?
868 0602df6b4a503a25a4b89cf7c
602df6b4a503a25a4b89cf7c- 14 %false
- 26 %false
- 3$$ {5{2\over3}{\%}}$$false
- 4$$ {6{2\over3}{\%}}$$true
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Answer : 4. "$$ {6{2\over3}{\%}}$$"
Q: Which amount will be Rs 520 in 5 years with simple interest and Rs 568 in 7 years?
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602df66ba503a25a4b89cf53- 1400true
- 2120false
- 3310false
- 4220false
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