Simple Interest Practice Question and Answer
8 Q: If Suresh borrows Rs. 36000 from Mahesh at rate of interest 6% S.I, at the end of four years how much interest Suresh has to pay along with principal amount?
50313 05ee305602bf4c404464925b9
5ee305602bf4c404464925b9- 1Rs. 12560false
- 2Rs. 12960true
- 3Rs. 13500false
- 4Rs. 14500false
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Answer : 2. "Rs. 12960"
Q: A sum of money becomes triple itself in 16 years. In how many years will it become 5 times at the same rate?
1992 05ecf3ffe9eaf5347ec78f3d6
5ecf3ffe9eaf5347ec78f3d6- 115false
- 232true
- 327false
- 430false
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Answer : 2. "32"
Q: A certain amount of money earns Rs. 540 as simple interest in 3 years. If it earns a compound interest of Rs. 376.20 at the same rate of interest in 2 years, find the amount.
1111 05ec71dd4eaf6d54c81d84edc
5ec71dd4eaf6d54c81d84edc- 12000true
- 22100false
- 31600false
- 41800false
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Answer : 1. "2000 "
Q: A sum of Rs.1600 gives a simple interest of Rs.252 in 2 years and 3 months. The rate of interest per annum is
922 05ec5f6e2980ff60a66c35c84
5ec5f6e2980ff60a66c35c84- 1$$ 5{1\over2}$$false
- 28%false
- 37%true
- 46%false
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Answer : 3. "7% "
Q: In what time will the simple interest be $$ {2\over5} $$ of the principal at 8% per annum?
751 05ec5f681977d8b0224abe9eb
5ec5f681977d8b0224abe9eb- 18 yearsfalse
- 27 yearsfalse
- 35 yearstrue
- 46 yearsfalse
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Answer : 3. "5 years "
Q: The simple interest accrued on an amount of Rs. 8500 at the end of four years is Rs.3400. What would be the compound interest accrued on the same amount at the same rate of interest after three years?
1046 05ebbcd71beb61d2288e2af07
5ebbcd71beb61d2288e2af07- 1₹ 2560.25false
- 2₹ 2813.5true
- 3₹ 2740false
- 4₹ 2944false
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Answer : 2. "₹ 2813.5 "
Q: Simple interest on a certain sum is equal to the sum itself. find the time if rate of interest and time are numerically equal.
1413 05eb9466343b27164c8e423ba
5eb9466343b27164c8e423ba- 15false
- 28false
- 310true
- 41false
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Answer : 3. "10"
Q: The compound interest accrued on an amount of Rs. 22,000 at the end of two years is Rs. 5,596.8. What would be the simple interest accrued on the same amount at the same rate in the same period ?
2472 05eb23d2cfafa823419a7bcd7
5eb23d2cfafa823419a7bcd7- 1Rs. 5,420false
- 2Rs. 5,360false
- 3Rs. 5,280true
- 4Rs. 5,140false
- 5None of thesefalse
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