Simple Interest Practice Question and Answer
8 Q:Answer the following questions
Anshul borrowed Rs.24800 from Deepak at 8% p.a. simple interest for 4 years. He then added some more money to the borrowed sum and lent it to Rajeev for the same period at 10% p.a. If Anshul gains Rs. 5184 in the whole transaction, how much money did he add from his side?
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63bd5b308f5b1f774c45fb63- 1Rs. 8000true
- 2Rs. 8500false
- 3Rs. 7500false
- 4Rs. 9000false
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Answer : 1. "Rs. 8000 "
Q:Answer the following questions
At a simple interest Rs. 3050 becomes Rs. 4026 in four years. If the interest rate was increased by 4% how much would Rs.7500 become in four years ?
692 063bd5b8e3d35cd0deed5d39a
63bd5b8e3d35cd0deed5d39a- 1Rs.13100false
- 2Rs.11200false
- 3Rs. 12100false
- 4Rs.11100true
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Answer : 4. "Rs.11100 "
Q: The difference between the simple interest and the compound interest on a certain amount at 5% for two years is 25, what is the amount?
692 06411b7013218fd8d1492915a
6411b7013218fd8d1492915a- 18000false
- 29000false
- 310,000true
- 415,000false
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Answer : 3. "10,000 "
Q: If a sum of Rs. 12500 is invested for 1 year at 12% per annum interest being compounded semi-annually, then interest earned is
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62fb6009047feb07925d7cd5- 11545true
- 21550false
- 31505false
- 41505false
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Answer : 1. "1545"
Q: If the simple interest for 6 years be equal to 30% of the principal, it will be equal to the principal after
677 06401de1e35d86258ecd2aba4
6401de1e35d86258ecd2aba4- 120 yearstrue
- 230 yearsfalse
- 310 yearsfalse
- 422 yearsfalse
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Answer : 1. "20 years "
Q: What sum will amount to ₹ 7000 in 5 years at simple interest ?
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624d6f68badeb679cf090ce1- 16000true
- 25000false
- 36300false
- 46500false
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Answer : 1. "6000 "
Explanation :
Q: Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10:3 at the rate of 6% simple interest per annum?
648 06548d7b141ff7f5484036df7
6548d7b141ff7f5484036df7- 17 yearsfalse
- 23 yearsfalse
- 35 yearstrue
- 44 yearsfalse
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Answer : 3. "5 years "
Explanation :
Q: If 64 amount to 83.20 in 2 years what will ₹ 86 amount to in 4 years at the same rate percent per annum?
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6401dd600fa4111f87190866- 1132.50false
- 2135.60false
- 3137.60true
- 4None of thesefalse
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