Simple Interest Practice Question and Answer
8 Q: The total sum of amounts of A and B at the end of 4 years and 2 years respectively on the same principal is Rs. 20,020. If A is charged Simple interest at the rate 10% and B is charged Compound interest at the rate 5%. The principal is?
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64e761763be218b6cdc81426- 1Rs. 5,000false
- 2Rs. 7,500false
- 3Rs. 2,500false
- 4Rs. 8,000true
- 5Rs. 6,000false
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Answer : 4. "Rs. 8,000"
Q: What sum of money must be given as simple interest for six months at 4% per annum in order to earn 150 interest?
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6218ed9b3e501f3ab0a886cb- 15000false
- 27500true
- 310000false
- 415000false
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Answer : 2. "7500"
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: Rinky borrowed a certain sum of money from Kajal under the following repayment scheme based on simple interest. 8% p.a. for the initial 2 years, 9.5% p.a. for the next 4 years, 11% p.a. for the next 2 years, 12% p.a. after the first 8 years. Find the amount which a sum of Rs. 9000 taken for 12 years becomes at the end of 12 years?
618 0630db3237c72c077845b7f7e
630db3237c72c077845b7f7e- 1Rs. 23470false
- 2Rs. 24567false
- 3Rs. 20160true
- 4Rs. 22350false
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Answer : 3. "Rs. 20160"
Q: At some rate of simple interest, A lent ₹ 6,000 to B for 2 years and ₹ 1,500 to C for 4 years and received ₹ 9,00 as interest from both of them together. The rate of interest per annum was
617 0624d65556dc29f5ccd0eb56e
624d65556dc29f5ccd0eb56e- 18%false
- 210%false
- 35%true
- 46%false
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Answer : 3. "5% "
Explanation :
Q: What annual instalment will discharge a debt of ₹ 6450 due in 4 years at 5% simple interest?
616 06548d87fddecc634f37a8c79
6548d87fddecc634f37a8c79- 11500true
- 21835false
- 31935false
- 41950false
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Answer : 1. "1500 "
Explanation :
Q: What would be the simple interest obtained on an amount of `6,535 at the rate of 10 % p.a. (percent per annum) after 6 years?
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639c8e074eaee21296c28ae4- 13414false
- 23921true
- 33807false
- 43149false
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Answer : 2. "3921"
Q: A sum of money at simple interest amounts to ₹ 1,012 in years and to ₹ 1,067.20 in 4 years. The rate of interest per annum is:
601 0624d71d267b2505d7e578227
624d71d267b2505d7e578227- 14%true
- 25%false
- 32.5%false
- 43%false
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