Simple Interest Practice Question and Answer

Q:

Rakesh invests Rs. 8000 at some rate of interest. Being simple interest the  money doubles in 5 years. Raj sees this and invests Rs. 6250 for 3 years at the same rate of interest. How much interest does Raj get?

3460 1

  • 1
    Rs. 3750
    Correct
    Wrong
  • 2
    Rs. 6250
    Correct
    Wrong
  • 3
    Rs. 3125
    Correct
    Wrong
  • 4
    Rs. 4250
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Rs. 3750"

Q:

Mohit borrowed Rs. 22000 at 5% simple interest repayable in 5 equal installments. What will be the annual installment payable by him?

1342 0

  • 1
    Rs 4800
    Correct
    Wrong
  • 2
    Rs 5500
    Correct
    Wrong
  • 3
    Rs 4600
    Correct
    Wrong
  • 4
    Rs 500
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs 4600"

Q:

The simple interest on an amount of 2,800 at the end of 3 years is Rs 420. What will be the simple interest at Rs 3200 for the same rate and for the same period?

1356 0

  • 1
    Rs .480
    Correct
    Wrong
  • 2
    Rs. 560
    Correct
    Wrong
  • 3
    Rs. 440
    Correct
    Wrong
  • 4
    Rs. 640
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Rs .480"

Q:

What would be the simple interest obtained on amount of Rs.6,535 at the rate of 10% Percent per annum after 6 years?

1082 0

  • 1
    3,414
    Correct
    Wrong
  • 2
    3,807
    Correct
    Wrong
  • 3
    3,149
    Correct
    Wrong
  • 4
    3,921
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "3,921"

Q:

Megha invests an amount of Rs. 15,860 in the names of her three daughters A, B and C in such a way that they get the same interest after 2, 3 and 4 years respectively. If the rate of simple interest is 5 % p.a, then the ratio of the amounts invested among A, B and C will be – 

1450 0

  • 1
    6 : 7 : 8
    Correct
    Wrong
  • 2
    6 : 5 : 4
    Correct
    Wrong
  • 3
    5 : 10 : 12
    Correct
    Wrong
  • 4
    $${1\over 10}:{1\over 15}:{1\over 20}$$
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "$${1\over 10}:{1\over 15}:{1\over 20}$$"

  • Show AnswerHide Answer
  • Workspace

Answer : 2. "500"

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% "

  • Show AnswerHide Answer
  • Workspace

Answer : 2. "₹ 10,000 "

      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