Simple Interest Practice Question and Answer
8 Q: At what simple rate of interest a sum is double in 8 years?
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60f9328516158a5eedaec179- 111.0 %false
- 212.5 %true
- 312 %false
- 413.5 %false
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Answer : 2. "12.5 %"
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: 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?
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5f0d4818fce67160728ddd81- 12500false
- 24484false
- 35000true
- 44800false
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Answer : 3. "5000 "
Q: What is the ratio of the simple interest earned on a certain amount at the rate of 21% per annum for 8 years to that earned on the same sum at the same rate for 21 years?
813 064a5449fdc607a4d2b2861b8
64a5449fdc607a4d2b2861b8- 18:21true
- 221:5false
- 35:21false
- 421:8false
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Answer : 1. "8:21 "
Q: If the difference of interest of two banks of Rs 500 is Rs 2.50, find the difference between their rates.
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5fe1b9ffce32c8585c7382d9- 10.35 %false
- 20.25 %true
- 30.45 %false
- 40.55 %false
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Answer : 2. "0.25 %"
Q: In a certain time, the ratio of a certain principle and interest obtained from it are in the ratio 10 : 3 at 10 % interest per annum. The number of years for which the money was invested is?
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5f0d47be9b26c36beb2fd731- 15 yearsfalse
- 27 yearsfalse
- 31 yearsfalse
- 43 yearstrue
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Answer : 4. "3 years "
Q: If an amount doubles automatically in 8 years, then what is the interest rate?
798 05fb39b2b75c7de676fb32579
5fb39b2b75c7de676fb32579- 1$$ {12{1\over 2}}\%$$true
- 2$$ {15{1\over 2}}\%$$false
- 35 %false
- 4$$ {5{1\over 2}}\%$$false
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Answer : 1. "$$ {12{1\over 2}}\%$$"
Q: ₹ 500 was invested at 12 % per annum simple interest and another certain sum of money invested at 10 % per annum simple interest . If the total interest on both the sum after 4 years is 480, the latter sum of money is
796 05ef153568022cc4acbbe17ac
5ef153568022cc4acbbe17ac- 1₹ 450false
- 2₹ 550false
- 3₹ 750false
- 4₹ 600true
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