Simple Interest Practice Question and Answer
8 Q: A person borrows some money for 5 years and the ratio of the loan amount: total interest amount is 5 : 2. Then find the ratio of the loan amount: interest rate is equal to
1520 05f0c4758cec10557a8dbbc96
5f0c4758cec10557a8dbbc96- 15 : 2false
- 225 : 2true
- 32 : 25false
- 42 : 1false
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Answer : 2. "25 : 2"
Q: Simple interest on a certain sum is equal to the sum itself. find the time if rate of interest and time are numerically equal.
1510 05eb9466343b27164c8e423ba
5eb9466343b27164c8e423ba- 15false
- 28false
- 310true
- 41false
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Answer : 3. "10"
Q: The simple interest accrued on an amount of Rs 16500 at the end of 3 years is Rs. 4950. What would be the compound interest accrued on the same amount at the same rate in the same period?
1498 05ea6d57c8127c42fd38d914c
5ea6d57c8127c42fd38d914c- 1Rs. 5462.9false
- 2Rs. 5461.5true
- 3Rs. 5641.2false
- 4Rs. 5621.3false
- 5Rs. 5162 4false
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Answer : 2. "Rs. 5461.5 "
Q: Ram deposited a certain sum of money in a company at 12 % per annum simple interest for 4 years and deposited equal amount in fixed deposit in a bank for 5 years at 15 % per annum simple interest. If the difference in the interest from two sources is ₹ 1350 than the sum deposited in each case is
1491 05dca56b588990a4b0e803191
5dca56b588990a4b0e803191- 1₹ 3000false
- 2₹4000false
- 3₹ 6500false
- 4₹ 5000true
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Answer : 4. "₹ 5000"
Q: The simple interest on an amount of 2,800 at the end of 3 years is Rs 420. What will be the simple interest at Rs 3200 for the same rate and for the same period?
1479 05f1aa8c48ae6514e222d1dd8
5f1aa8c48ae6514e222d1dd8- 1Rs .480true
- 2Rs. 560false
- 3Rs. 440false
- 4Rs. 640false
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Answer : 1. "Rs .480"
Q: The simple interest accrued on an amount of Rs. 8500 at the end of four years is Rs.3400. What would be the compound interest accrued on the same amount at the same rate of interest after three years?
1471 05ebbcd71beb61d2288e2af07
5ebbcd71beb61d2288e2af07- 1₹ 2560.25false
- 2₹ 2813.5true
- 3₹ 2740false
- 4₹ 2944false
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Answer : 2. "₹ 2813.5 "
Q: A certain sum of money lent out at simple interest amounts to Rs. 2400 in 4 years and Rs. 3000 in 6 years. Find the rate of interest per annum?
1460 062f369be55c5be58410dbcc0
62f369be55c5be58410dbcc0- 120 %false
- 218 %false
- 325 %true
- 415 %false
- 512 %false
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Answer : 3. "25 %"
Q: A certain sum becomes Rs. 1020 in 5 years and Rs. 1200 in 8 years at simple interest. What is the value of principal?
1459 05f0d75aafce67160728ea9a2
5f0d75aafce67160728ea9a2- 1700false
- 2720true
- 3820false
- 4780false
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