Simple Interest Practice Question and Answer
8 Q: The difference between C.I and S.I for 2 years is Rs. 9. Find the sum (in Rs.) if the rate is 15% per annum.
1077 05dbfb56b17d85f0ae3787227
5dbfb56b17d85f0ae3787227- 1400true
- 2500false
- 3600false
- 4700false
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Answer : 1. "400"
Q: The difference between the simple interest between the simple interest received from two different sources on ₹ 1500 for 3 years is ₹ 13.50. The difference between their rate of interest is -
1172 05db034e8eb701b4db6e86ca7
5db034e8eb701b4db6e86ca7- 10.1 %false
- 20.2 %false
- 30.3 %true
- 40.4 %false
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Answer : 3. "0.3 % "
Q: What will be the difference between the compound interest and simple interest at the rate of 5% per annum on an amount of Rs 4000 at the end of 2 year?
2640 05da057f000e22578c9e9a517
5da057f000e22578c9e9a517- 1Rs 10true
- 2Rs 20false
- 3Rs 25false
- 4Data inadequatefalse
- 5None of thesefalse
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Answer : 1. "Rs 10"
Q: The simple interest on a certain sum of money at the rate of 5 % per annum for 8 years is ₹ 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is?
1202 05d9dac3ae215617fef75f6d1
5d9dac3ae215617fef75f6d1- 17%false
- 28%true
- 39%false
- 410%false
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Answer : 2. "8%"
Explanation :
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Q: A sum of Rs. 400 amounts to Rs. 480 in 4 years. What will it amount of if the rate of interact is increased by 2% ? 2711 05cfdfebd70433d6f12b54059
5cfdfebd70433d6f12b54059- 1Rs. 484false
- 2Rs. 560false
- 3Rs. 512true
- 4None of thesefalse
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Answer : 3. "Rs. 512"
Q: A sum of money becomes $${7\over6}$$ of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is: 1550 15cfdf50598d53c6bd3f9d354
5cfdf50598d53c6bd3f9d354- 1$$5{5\over9}\%$$true
- 2$$6{5\over9}\%$$false
- 318%false
- 425%false
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Answer : 1. "$$5{5\over9}\%$$"
Q: The simple interest on a certain sum at 5% per annum for 3 years and 4 years differ by Rs. 42. The sum is : 2581 15cfdf87e70433d6f12b54046
5cfdf87e70433d6f12b54046- 1Rs. 210false
- 2Rs. 280false
- 3Rs. 750false
- 4Rs. 840true
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Answer : 4. "Rs. 840"
Q: Mr. Khanna took a loan of Rs 10,000 on simple interest for two years at the rate 3% per annum. The total amount that he will be paying as interest in 2 year is 3% of his monthly salary. What his monthly salary?
2019 05d4a9a6c11160f2052371025
5d4a9a6c11160f2052371025- 1Rs 30,000false
- 2Rs 16,000false
- 3Rs 20,000true
- 4Rs 12,000false
- 5None of thesefalse
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Answer : 3. "Rs 20,000"
Explanation :
3% of SI=PRT/100
10,000*3*2/100= 3 of x
then x =20,000