Simple Interest Practice Question and Answer
8 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 -
1247 05db034e8eb701b4db6e86ca7
5db034e8eb701b4db6e86ca7- 10.1 %false
- 20.2 %false
- 30.3 %true
- 40.4 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "0.3 % "
Q: If the instalments are paid at the end of every year, what annual payment will discharge a debt of Rs. 7,200 due in 3 years at 20% per annum simple interest?
1246 05ee9aeeebc81cb2528ec1e14
5ee9aeeebc81cb2528ec1e14- 1Rs. 1500false
- 2Rs. 1800false
- 3Rs. 2000true
- 4Rs. 2250false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 2000"
Q: An amount doubles itself in 5 years with simple interest. What is the rate of interest per year?
1239 05f632c3a3366f3388365fe45
5f632c3a3366f3388365fe45- 120%true
- 235 %false
- 325 %false
- 4None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "20%"
Q: The simple interest for four years is one fourth of the principal. At the same rate, which amount become Rs.450 total amount in 2 years?
1234 05f9be3223dfc3659c6979e00
5f9be3223dfc3659c6979e00- 1Rs. 400true
- 2Rs. 525false
- 3Rs. 425false
- 4Rs. 525false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "Rs. 400 "
Q: In how many years will Rs 4600 amount to Rs 5428 at 3 % per annum simple interest?
1225 05df0b8d0004abe5c78f750c7
5df0b8d0004abe5c78f750c7- 13false
- 25false
- 36true
- 44false
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "6"
Q: In what time will the simple interest be $${2\over 5}$$ of the principle at 8 percent per annum ? 1204 05cfe008bbc9a366f2932575f
5cfe008bbc9a366f2932575f- 18 yearsfalse
- 27 yearsfalse
- 35 yearstrue
- 46 yearsfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "5 years"
Q: A sum of Rs. 400 becomes Rs. 448 at simple interest in 2 years. In how many years, will the sum of Rs. 550 amounts to Rs. 682 at the same rate?
1196 05f0d65989b26c36beb30748d
5f0d65989b26c36beb30748d- 13.5false
- 24true
- 32false
- 43false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "4 "
Q: A man borrows some amount at the rate of 12% per annum at simple interest. After 6 years 8 months, he paid 720 as an interest. Find the amount borrowed by him.
1193 05f06ffde3f7f07047796b3a8
5f06ffde3f7f07047796b3a8- 1₹ 920false
- 2₹ 1620false
- 3₹ 900true
- 4₹ 960false
- Show AnswerHide Answer
- Workspace
- SingleChoice