Simple Interest Practice Question and Answer
8 Q: A sum of money at simple interest amount to Rs.4800 in 3 years and Rs.5600 in the 5 years. The sum is
746 0602259583fb46f5722f78d80
602259583fb46f5722f78d80- 1Rs. 3,400false
- 2Rs. 3,600true
- 3Rs. 3,200false
- 4Rs. 3,000false
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Answer : 2. "Rs. 3,600"
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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Answer : 3. "37.5"
Q: The simple interest and the true discount on a certain sum for a given period and at a given rate are 25 and 20 respectively. The sum is
780 0600aa116bc7633585f48a611
600aa116bc7633585f48a611- 1₹ 500false
- 2₹ 200false
- 3₹ 250false
- 4₹ 100true
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Answer : 4. "₹ 100 "
Q: If the difference of interest of two banks of Rs 500 is Rs 2.50, find the difference between their rates.
799 05fe1b9ffce32c8585c7382d9
5fe1b9ffce32c8585c7382d9- 10.35 %false
- 20.25 %true
- 30.45 %false
- 40.55 %false
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Answer : 2. "0.25 %"
Q: Any money at the rate of simple interest becomes Rs 1143 in 3 years and Rs 1305 in 5 years Find the rate of principal and interest.
889 05fe1b9a092210049c5b0cc4a
5fe1b9a092210049c5b0cc4a- 1960 and 5 %false
- 2900 and 9%true
- 3850 and 8 %false
- 4800 and 4 %false
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Answer : 2. "900 and 9%"
Q: Rs. 2,000 is invested at 10% p.a. on simple interest. If that interest is added to the principal after every 20 years, the amount will become Rs. 14,000 after
814 05fd874de6c22b74b3a9ee9d4
5fd874de6c22b74b3a9ee9d4- 115 yearsfalse
- 2$$ {{33}{1\over 3}}$$ yearstrue
- 3$$ {{16}{2\over 3}}$$ yearsfalse
- 440 yearsfalse
- 5None of thesefalse
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Answer : 2. "$$ {{33}{1\over 3}}$$ years "
Q: The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:
862 05fd34d45956cb668fbde8b19
5fd34d45956cb668fbde8b19- 1Rs. 2.50false
- 2Rs. 3true
- 3Rs. 3.75false
- 4Rs. 4false
- 5None of thesefalse
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Answer : 2. "Rs. 3"
Q: Sapna borrowed a certain sum of money from Kavita under the following repayment scheme based on simple interest. 8% p.a. for the initial 2 years, 9.5% p.a. for the next 4 years, 11% p.a. for the next 2 years, 12% p.a. after the first 8 years. Find the amount which a sum of Rs. 9000 taken for 12 years becomes at the end of 12 years?
5098 05fd1e1da4ae2934b44f63c6f
5fd1e1da4ae2934b44f63c6f- 1Rs. 20160true
- 2Rs. 22350false
- 3Rs. 23470false
- 4Rs. 24567false
- 5None of thesefalse
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