Simple Interest Practice Question and Answer
8 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.
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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: A sum of money amounts to 5,200 in 5 years and to 5,680 in 7 years at simple interest. The rate of interest per annum is-
982 06549144c0795c43cec24e9f6
6549144c0795c43cec24e9f6- 13%false
- 24%false
- 35%false
- 46%true
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Answer : 4. "6%"
Explanation :
Q: If the difference between CI and SI for 3 years at the rate of 10% is Rs 31. Find the principle.
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5e9d2e8b772f97276f50e3ad- 1₹ 1,000true
- 2₹ 1,500false
- 3₹2,000false
- 4₹ 800false
- 5None of thesefalse
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Answer : 1. "₹ 1,000 "
Q: A sum of ₹ 3000 yields an interest of ₹ 1080 at 12% per annum simple interest in how many years ?
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6116217a56340c20700ac41d- 14 Yearsfalse
- 23 Yearstrue
- 35 yearsfalse
- 42½ Yearsfalse
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Answer : 2. "3 Years"
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: 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?
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5fa91c953c64cb3fb8e8b1f6- 15760false
- 26620true
- 33310false
- 42880false
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Answer : 2. "6620"
Q: At what annual percentage rate, 10 years of simple interest on an amount will be of the addition?
958 0602df6b4a503a25a4b89cf7c
602df6b4a503a25a4b89cf7c- 14 %false
- 26 %false
- 3false
- 4true
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Answer : 4. " "
Q: The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:
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5fd34d45956cb668fbde8b19- 1Rs. 2.50false
- 2Rs. 3true
- 3Rs. 3.75false
- 4Rs. 4false
- 5None of thesefalse
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