Simple Interest Practice Question and Answer
8 Q: At what rate per cent per annum will a sum of money double in 8 years?
456 06410568a5bff3d098ddc0683
6410568a5bff3d098ddc0683- 112.5%true
- 213.5%false
- 311.5%false
- 414.5%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "12.5%"
Q: The difference between the simple interest and the compound interest on a certain amount at 5% for two years is 25, what is the amount?
581 06411b7013218fd8d1492915a
6411b7013218fd8d1492915a- 18000false
- 29000false
- 310,000true
- 415,000false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "10,000 "
Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1544 15b5cc6bee4d2b4197774d9a1
5b5cc6bee4d2b4197774d9a1- 130%false
- 225%true
- 322%false
- 418%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "25%"
Q: The amount ₹2,100 became ₹ 2,352 in 2 years at simple interest. If the interest rate is decreased by 1%, what is the new interest?
373 0641054a856c45fd8d3ac4931
641054a856c45fd8d3ac4931- 1₹210true
- 2₹220false
- 3₹942false
- 4₹242false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "₹210"
Q: In what time will ₹8000, at 3% per annum, produce the same interest as ₹6000 does in 5 years at 4% simple interest is?
367 06410540956c45fd8d3ac4305
6410540956c45fd8d3ac4305- 15 yearstrue
- 26 yearsfalse
- 33 yearsfalse
- 44 yearsfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "5 years"
Q: Atm of ₹2.400. amounts to ₹3,264 in 4 years at a certain rate of simple interest. If the rate of interest is increased by 1% the same sum in the same time would amount to-
372 064105386b34a0b67fcdbe702
64105386b34a0b67fcdbe702- 1₹3288false
- 2₹3340false
- 3₹3312false
- 4₹3360true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "₹3360"
Q: A sum of ₹ 800 amounts to ₹ 920 in 3 years at the simple interest rate. If the rate is increased by 3 % p.a., what will be the sum amount to in the same period?
979 05f0d4a9acec10557a8deb2cc
5f0d4a9acec10557a8deb2cc- 1₹ 942false
- 2₹ 982false
- 3₹ 992true
- 4₹ 962false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "₹ 992"
Q: A person invests money in three different schemes 6 years, 10 years and 12 years at 10%, 12% and 15% simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investment is
673 06401de99cbcfaac053030577
6401de99cbcfaac053030577- 16: 3: 2true
- 22: 3: 4false
- 33: 4: 6false
- 43: 4: 2false
- Show AnswerHide Answer
- Workspace
- SingleChoice