Simple Interest Practice Question and Answer

Q:

A person deposited ₹500 for 4 years and ₹ 600 for 3 years at the same rate of simple interest in a bank. Altogether he received ₹ 190 as interest. The rate of simple interest per annum was 

974 0

  • 1
    4 %
    Correct
    Wrong
  • 2
    5 %
    Correct
    Wrong
  • 3
    2 %
    Correct
    Wrong
  • 4
    3 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "5 % "

Q:

Two equal sum were lent out at 7% and 5% S.I respectively. The interest earned on the two loans add up to ₹960 for 4 years. The total sum lent out is 

1620 0

  • 1
    ₹ 3500
    Correct
    Wrong
  • 2
    ₹ 2500
    Correct
    Wrong
  • 3
    ₹ 2000
    Correct
    Wrong
  • 4
    ₹ 3000
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "₹ 2000 "

Q:

Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9 % p. a. for the next five years and 13 % p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is ₹8,160, the money borrowed by him ( in ₹ ) was -  

1485 0

  • 1
    12,000
    Correct
    Wrong
  • 2
    6,000
    Correct
    Wrong
  • 3
    8,000
    Correct
    Wrong
  • 4
    10,000
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "8,000 "

Q:

If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z we have – 

1381 0

  • 1
    $$x^2=xy$$
    Correct
    Wrong
  • 2
    xyz = 1
    Correct
    Wrong
  • 3
    $$x^2=xy$$
    Correct
    Wrong
  • 4
    $$y^2=zx$$
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "$$y^2=zx$$"

Q:

The simple interest on ₹ 4,000 in 3 years at the rate of x % per annum equals the simple interest on ₹ 5,000 at the rate of 12% per annum in 2 years. The value of x is 

1027 0

  • 1
    10 %
    Correct
    Wrong
  • 2
    6 %
    Correct
    Wrong
  • 3
    8 %
    Correct
    Wrong
  • 4
    9 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "10 % "

Q:

The principal which gives ₹ 1 interest per day at a rate of 5 % simple interest per annum is 

897 0

  • 1
    ₹ 5000
    Correct
    Wrong
  • 2
    ₹35500
    Correct
    Wrong
  • 3
    ₹ 7300
    Correct
    Wrong
  • 4
    ₹3650
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "₹ 7300 "

Q:

A sum of ₹ 7, 930 is divided into 3 parts and given at loan at 5 % simple interest to A, B and C for 2, 3 and 4 years respectively. If the amounts of all three are equal after their respective periods of loan, then the A received a loan of 

1147 0

  • 1
    ₹ 2,800
    Correct
    Wrong
  • 2
    ₹ 3,050
    Correct
    Wrong
  • 3
    ₹ 2,750
    Correct
    Wrong
  • 4
    ₹ 2,760
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "₹ 2,760 "

  • Show AnswerHide Answer
  • Workspace

Answer : 4. "₹ 5000"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully