Simple Interest Practice Question and Answer
8 Q: An amount doubles itself in 5 years with simple interest. What is the rate of interest per year?
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5f632c3a3366f3388365fe45- 120%true
- 235 %false
- 325 %false
- 4None of thesefalse
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Answer : 1. "20%"
Q: A sum of ₹ 1750 is divided into two parts such that the interests on the first part at 8 % simple interest per annum and that on the other part at 6 % simple interest per annum are equal. The interest on each part (in rupees) is
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5f0d7b609b26c36beb30ca45- 170false
- 240false
- 360true
- 465false
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Answer : 3. "60"
Q: If certain sum, at simple interest turns into thrice of actual amount in 4 years. Find out time to become the amount thirteen times of initial amount?
1273 05e8b06bebd0d850c66cb3da1
5e8b06bebd0d850c66cb3da1- 128 yrsfalse
- 226 yrsfalse
- 320 yrsfalse
- 424 yrstrue
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Answer : 4. "24 yrs"
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 -
1271 05db034e8eb701b4db6e86ca7
5db034e8eb701b4db6e86ca7- 10.1 %false
- 20.2 %false
- 30.3 %true
- 40.4 %false
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Answer : 3. "0.3 % "
Q: A sum of ₹ 7, 930 is divided into 3 parts and given at loan at 5 % simple interest to A, B and C for 2, 3 and 4 years respectively. If the amounts of all three are equal after their respective periods of loan, then the A received a loan of
1264 05dca57bbf7c0852c4475b500
5dca57bbf7c0852c4475b500- 1₹ 2,800false
- 2₹ 3,050false
- 3₹ 2,750false
- 4₹ 2,760true
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Answer : 4. "₹ 2,760 "
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?
1255 05f9be3223dfc3659c6979e00
5f9be3223dfc3659c6979e00- 1Rs. 400true
- 2Rs. 525false
- 3Rs. 425false
- 4Rs. 525false
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Answer : 1. "Rs. 400 "
Q: In what time will the simple interest be of the principle at 8 percent per annum ? 1229 05cfe008bbc9a366f2932575f
5cfe008bbc9a366f2932575f- 18 yearsfalse
- 27 yearsfalse
- 35 yearstrue
- 46 yearsfalse
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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?
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5f0d65989b26c36beb30748d- 13.5false
- 24true
- 32false
- 43false
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