Simple Interest Practice Question and Answer
8 4 Q: At what rate percent per annum will the simple interest on a sum of money be
5cfdff59bc9a366f2932575a 4 Q:
5dd634a4db51363c0239468e 4 Answer : 2. "Rs. 7500"
5 Q:
5d4a9a6c11160f2052371025 Answer : 3. "Rs 20,000"
4 4 Q: A sum of money becomes
5cfdf50598d53c6bd3f9d354 Answer : 1. "
4 Answer : 3. "7%"
4 Q:
5dad6e6855abe308d8014313
Q: At what rate percent per annum will the simple interest on a sum of money be
5cfdff59bc9a366f2932575a- 14%true
- 26%false
- 3false
- 4false
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Answer : 1. "4%"
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
1224 05dd634a4db51363c0239468e
5dd634a4db51363c0239468e- 110 %true
- 26 %false
- 38 %false
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Answer : 1. "10 % "
Q: What sum of money must be given at simple interest for six months at 4% per annum in order to earn Rs. 150 interest? 2855 25cfdf45098d53c6bd3f9d34e
5cfdf45098d53c6bd3f9d34e- 1Rs. 5000false
- 2Rs. 7500true
- 3Rs. 10000false
- 4Rs. 15000false
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Answer : 2. "Rs. 7500"
Explanation :
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?
2246 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
Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1639 15b5cc6bee4d2b4197774d9a1
5b5cc6bee4d2b4197774d9a1- 130%false
- 225%true
- 322%false
- 418%false
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Answer : 2. "25%"
Q: A sum of money becomes
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 : 2803 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 %?
1141 05dad6e6855abe308d8014313
5dad6e6855abe308d8014313- 1₹ 484false
- 2₹ 560false
- 3₹ 512true
- 4None of thesefalse
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