Simple Interest Practice Question and Answer

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?

893 0

  • 1
    1346
    Correct
    Wrong
  • 2
    1512
    Correct
    Wrong
  • 3
    1506
    Correct
    Wrong
  • 4
    1495
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "1512 "

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 0

  • 1
    960 and 5 %
    Correct
    Wrong
  • 2
    900 and 9%
    Correct
    Wrong
  • 3
    850 and 8 %
    Correct
    Wrong
  • 4
    800 and 4 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "900 and 9%"

Q:

A man invested Rs.25000 on simple interest at R% p.a. If interest received by man is three twentieth of the principal after three years, then find ‘R’?

881 0

  • 1
    5%
    Correct
    Wrong
  • 2
    4%
    Correct
    Wrong
  • 3
    6%
    Correct
    Wrong
  • 4
    3%
    Correct
    Wrong
  • 5
    8%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "5%"

Q:

If the simple interest on a certain sum of money for 2 years in one fifth of the Principal, then find rate of interest per annum. 

877 0

  • 1
    25%
    Correct
    Wrong
  • 2
    15%
    Correct
    Wrong
  • 3
    10%
    Correct
    Wrong
  • 4
    20%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "10% "

Q:

A principal increase by 50 percent in five years at the rate of simple interest. What will be the compound interest for 3 years at Rs 20,000 with the same interest rate?

871 0

  • 1
    5760
    Correct
    Wrong
  • 2
    6620
    Correct
    Wrong
  • 3
    3310
    Correct
    Wrong
  • 4
    2880
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "6620"

Q:

At what annual percentage rate, 10 years of simple interest on an amount will be $$ {2\over 5}$$ of the addition?

868 0

  • 1
    4 %
    Correct
    Wrong
  • 2
    6 %
    Correct
    Wrong
  • 3
    $$ {5{2\over3}{\%}}$$
    Correct
    Wrong
  • 4
    $$ {6{2\over3}{\%}}$$
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "$$ {6{2\over3}{\%}}$$"

Q:

If the simple interest on ₹ 1 for 1 month is 1 paisa, then the rate percent per annum will be 

865 0

  • 1
    12%
    Correct
    Wrong
  • 2
    6 %
    Correct
    Wrong
  • 3
    10 %
    Correct
    Wrong
  • 4
    8 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "12% "

Q:

The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:

862 0

  • 1
    Rs. 2.50
    Correct
    Wrong
  • 2
    Rs. 3
    Correct
    Wrong
  • 3
    Rs. 3.75
    Correct
    Wrong
  • 4
    Rs. 4
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "Rs. 3"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully