Simple Interest Practice Question and Answer

Q:

After 4 years, the difference between principal and simple interest is Rs. 228 at the rate of 6 percent simple interest, so what is the amount of principal?

719 0

  • 1
    Rs. 300
    Correct
    Wrong
  • 2
    Rs. 400
    Correct
    Wrong
  • 3
    Rs. 500
    Correct
    Wrong
  • 4
    Rs. 600
    Correct
    Wrong
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Answer : 1. "Rs. 300 "

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Answer : 4. "1 : 8"

Q:

The simple interest on an amount at the rate of 7 percent for five years is Rs 700. So how much is the principal?

679 0

  • 1
    1800
    Correct
    Wrong
  • 2
    1600
    Correct
    Wrong
  • 3
    2000
    Correct
    Wrong
  • 4
    2100
    Correct
    Wrong
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Answer : 3. "2000"

Q:

A sum of money was invested at a certain rate of simple interest for 2 years. Had it been invested at 1% higher rate, it would have fetched Rs.192 more interest. The sum of money is-

679 1

  • 1
    Rs.9000
    Correct
    Wrong
  • 2
    Rs.9600
    Correct
    Wrong
  • 3
    Rs.7200
    Correct
    Wrong
  • 4
    Rs.8400
    Correct
    Wrong
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Answer : 2. "Rs.9600"

Q:

Ms. Deksha borrow Rs. 575 at 5 % per annum simple interest. What amount (in rupees) will she pay to clear her debt after 4 years?

667 0

  • 1
    690
    Correct
    Wrong
  • 2
    115
    Correct
    Wrong
  • 3
    151
    Correct
    Wrong
  • 4
    960
    Correct
    Wrong
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Answer : 1. "690"

Q:

A sum of money becomes Rs 16000 in 6 years at the rate of 25% per annum simple interest. What is the total interest for 6 years?

660 0

  • 1
    Rs. 9600
    Correct
    Wrong
  • 2
    Rs. 6000
    Correct
    Wrong
  • 3
    Rs. 8400
    Correct
    Wrong
  • 4
    Rs. 9000
    Correct
    Wrong
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Answer : 1. "Rs. 9600 "

Q:

A sum of money lent at simple interest amounts to ₹ 880 in 2 years and to ₹ 920 in 3 years. The sum of money (in rupees) is

651 0

  • 1
    784
    Correct
    Wrong
  • 2
    800
    Correct
    Wrong
  • 3
    700
    Correct
    Wrong
  • 4
    760
    Correct
    Wrong
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Answer : 2. "800"
Explanation :

Q:

The simple interest on a certain sum at 15% per annum for 5 year is Rs1500 more to the simple interest on the same at 12% per annum for the same period. Find the sum-

649 0

  • 1
    Rs 12000
    Correct
    Wrong
  • 2
    Rs 12500
    Correct
    Wrong
  • 3
    Rs 8000
    Correct
    Wrong
  • 4
    Rs 10000
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 4. "Rs 10000"

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