Simple Interest Practice Question and Answer
8 Q: A sum of ₹ 1750 is divided into two parts such that the interests on the first part at 8 % simple interest per annum and that on the other part at 6 % simple interest per annum are equal. The interest on each part (in rupees) is
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5f0d7b609b26c36beb30ca45- 170false
- 240false
- 360true
- 465false
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Answer : 3. "60"
Q: A certain sum becomes Rs. 1020 in 5 years and Rs. 1200 in 8 years at simple interest. What is the value of principal?
1382 05f0d75aafce67160728ea9a2
5f0d75aafce67160728ea9a2- 1700false
- 2720true
- 3820false
- 4780false
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Answer : 2. "720"
Q: A sum of Rs. 400 becomes Rs. 448 at simple interest in 2 years. In how many years, will the sum of Rs. 550 amounts to Rs. 682 at the same rate?
1141 05f0d65989b26c36beb30748d
5f0d65989b26c36beb30748d- 13.5false
- 24true
- 32false
- 43false
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Answer : 2. "4 "
Q: The simple interest on a sum of money for 10 year is Rs. 3130. If the principal becomes 5 times after 5 years, then what will be the total interest (in Rs) obtained after 10 years?
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5f0d62cd6d4355600947905f- 19390true
- 215650false
- 36260false
- 47825false
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Answer : 1. "9390"
Q: If the simple interest on ₹ 1 for 1 month is 1 paisa, then the rate percent per annum will be
885 05f0d5f106d43556009477bdf
5f0d5f106d43556009477bdf- 112%true
- 26 %false
- 310 %false
- 48 %false
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Answer : 1. "12% "
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
843 05f0d5d41fce67160728e40c7
5f0d5d41fce67160728e40c7- 1$$7{9\over 17}\%$$false
- 2$$29{1\over 6}\%$$false
- 3$$12{1\over 2}\%$$true
- 4$$5{5\over 17}\%$$false
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Answer : 3. "$$12{1\over 2}\%$$"
Q: Mr. Dutta desired to deposit his retirement benefit of ₹3 lacs partly to a post office and partly to a bank at 10 % and 6 % simple interests respectively. If his monthly interest income was ₹ 2000, then the difference of his deposits in the post office and in the bank was -
1671 05f0d5ba96d4355600947531a
5f0d5ba96d4355600947531a- 1₹ 40,000false
- 2₹ 50,000false
- 3₹ 1,00,000false
- 4₹ Niltrue
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Answer : 4. "₹ Nil "
Q: A sum of money lent out at simple interest amounts to ₹720 after 2 years and 1020 after a further period of 5 years. Find the principal.
942 05f0d59c8cec10557a8df13f9
5f0d59c8cec10557a8df13f9- 1₹ 1740false
- 2₹ 120false
- 3₹ 6000false
- 4₹ 600true
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