Simple Interest Practice Question and Answer
8 Q: If the simple interest on ₹ 1 for 1 month is 1 paisa, then the rate percent per annum will be
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5f0d5f106d43556009477bdf- 112%true
- 26 %false
- 310 %false
- 48 %false
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Answer : 1. "12% "
Q: The simple interest on an amount at the rate of 13.5 p.c.p.a. for 10 years is Rs. 765.45. What is the sum?
950 05eb00fa38d1f47273b1d3be3
5eb00fa38d1f47273b1d3be3- 1Rs. 567true
- 2Rs. 885.95false
- 3Rs. 5670false
- 4Can't be determinedfalse
- 5None of thesefalse
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Answer : 1. "Rs. 567 "
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
939 0600aa116bc7633585f48a611
600aa116bc7633585f48a611- 1₹ 500false
- 2₹ 200false
- 3₹ 250false
- 4₹ 100true
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Answer : 4. "₹ 100 "
Q: A person invests money in three different schemes for 6 years, 10 years and 12 years at 10%, 12% and 15% simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investments is-
935 15fc476194f2f6c622bfdae4d
5fc476194f2f6c622bfdae4d- 16 : 3 : 2false
- 22 : 3 :4true
- 33 : 4 : 6false
- 43 : 4 :2false
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Answer : 2. "2 : 3 :4"
Q: At what simple rate of interest a sum is double in 8 years?
925 160f9328516158a5eedaec179
60f9328516158a5eedaec179- 111.0 %false
- 212.5 %true
- 312 %false
- 413.5 %false
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Answer : 2. "12.5 %"
Q: A certain sum doubles in 7 years at simple interest. The same sum under the same interest rate will become 4 times in how many years.:
924 05e86d358e378b64bed5ba96f
5e86d358e378b64bed5ba96f- 114false
- 228false
- 321true
- 410false
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Answer : 3. "21 "
Q: The simple interest on a sum of money for 3 years is ₹240 and the compound interest on the same sum, at the same rate for 2 years is ₹170. The rate of interest is
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5f0d5d41fce67160728e40c7- 1
- 2
- 3true
- 4
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Answer : 3. " "
Q: 2 years, a sum was put at SI at a certain rate. If the rate was 3 % higher, it would have fetched 300 more. What will be the sum?
917 05f0d4818fce67160728ddd81
5f0d4818fce67160728ddd81- 12500false
- 24484false
- 35000true
- 44800false
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