Simple Interest Practice Question and Answer
8 Q: A property fetches a net annual income of ₹1000 deducting all outgoings. The capitalized value of the property for the rate of interest 6% will be (in ₹) -
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62ff7acffef7996822ddfa7c- 1₹16667.00true
- 2₹15003.00false
- 3₹18000.00false
- 4None of the abovefalse
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Answer : 1. "₹16667.00"
Q: If a sum of Rs. 12500 is invested for 1 year at 12% per annum interest being compounded semi-annually, then interest earned is
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62fb6009047feb07925d7cd5- 11545true
- 21550false
- 31505false
- 41505false
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Answer : 1. "1545"
Q: The simple interest on a sum for 5 years is one fourth of the sum. The rate of interest per annum is
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62fb5e9839a8157d97182f6f- 15%false
- 26%true
- 34%false
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Answer : 2. "6%"
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?
1312 062f369be55c5be58410dbcc0
62f369be55c5be58410dbcc0- 120 %false
- 218 %false
- 325 %true
- 415 %false
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Answer : 3. "25 %"
Q: A man invested Rs.25000 on simple interest at R% p.a. If interest received by man is three twentieth of the principal after three years, then find ‘R’?
910 062e0fcd555271b350333ad52
62e0fcd555271b350333ad52- 15%true
- 24%false
- 36%false
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Answer : 1. "5%"
Q: The simple interest on a certain sum at 15% per annum for 5 year is Rs1500 more to the simple interest on the same at 12% per annum for the same period. Find the sum-
670 062c6a3a451fe3472d68fbcb4
62c6a3a451fe3472d68fbcb4- 1Rs 12000false
- 2Rs 12500false
- 3Rs 8000false
- 4Rs 10000true
- 5None of thesefalse
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Answer : 4. "Rs 10000"
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
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5f0c4758cec10557a8dbbc96- 15 : 2false
- 225 : 2true
- 32 : 25false
- 42 : 1false
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Answer : 2. "25 : 2"
Q: The simple interest on a sum of money is $$8\over 25$$ of the sum. If the number of years is numerically half the rate percent per annum, then the rate percent per annum is
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5f0d5a17cec10557a8df1489- 16%false
- 28%true
- 35%false
- 44%false
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