Simple Interest Practice Question and Answer
8 4 Q:
5f5aface69ed13038c19e82a 4 4 Q: A sum of money becomes
5cfdf50598d53c6bd3f9d354 Answer : 1. "
4 Answer : 3. "7%"
4 Q:
5dad6e6855abe308d8014313 4 Q:
5e6b8485b88436739429103c 4 Q:
5f0d469bfce67160728dd82a 4 Q:
60f9328516158a5eedaec179
Q: A sum is to be paid back in 3 equal annual instalments. The interest is compound annually at 30% per annum. If each instalment be Rs.21970 then what is the sum?
2179 05f5aface69ed13038c19e82a
5f5aface69ed13038c19e82a- 1Rs.39,800false
- 2Rs.39,900true
- 3Rs.39,950false
- 4Rs.39,990false
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Answer : 2. "Rs.39,900"
Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1642 15b5cc6bee4d2b4197774d9a1
5b5cc6bee4d2b4197774d9a1- 130%false
- 225%true
- 322%false
- 418%false
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Answer : 2. "25%"
Q: A sum of money becomes of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is: 1688 15cfdf50598d53c6bd3f9d354
5cfdf50598d53c6bd3f9d354- 1true
- 2false
- 318%false
- 425%false
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Answer : 1. " "
Q: A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and 3 months. The rate of interest per annum is : 2804 05cfdfc5bbc9a366f2932574d
5cfdfc5bbc9a366f2932574d- 1false
- 28%false
- 37%true
- 46%false
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Answer : 3. "7%"
Explanation :
Q: A sum of ₹ 400 amounts to ₹ 480 in 4 years. What will it amount to if the rate of interest is increased by 2 %?
1142 05dad6e6855abe308d8014313
5dad6e6855abe308d8014313- 1₹ 484false
- 2₹ 560false
- 3₹ 512true
- 4None of thesefalse
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Answer : 3. "₹ 512 "
Q: Out of ₹ 20, 000 Narendra gives some amount on loan at simple interest rate 8 % per annum and rest amount at simple interest rate 4 / 3 % per annum. At the end of year he earns ₹ 800. The amount given at 8 % rate will be –
1669 05e6b8485b88436739429103c
5e6b8485b88436739429103c- 1₹ 10,000false
- 2₹ 12,000false
- 3₹ 8,000true
- 4₹ 6,000false
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Answer : 3. "₹ 8,000 "
Q: A sum of money was lent at simple interest at certain rate for 3 years. Had it been lent at 2.5 % per annum higher rate, it would have fetched ₹ 540 more. The money lent was
1791 05f0d469bfce67160728dd82a
5f0d469bfce67160728dd82a- 1₹ 6840false
- 2₹ 7200true
- 3₹ 6400false
- 4₹ 6472false
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Answer : 2. "₹ 7200"
Q: At what simple rate of interest a sum is double in 8 years?
932 160f9328516158a5eedaec179
60f9328516158a5eedaec179- 111.0 %false
- 212.5 %true
- 312 %false
- 413.5 %false
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