Simple Interest Problems Practice Question and Answer
6 4 Q:
62fb6009047feb07925d7cd5 4 Q:
5ef5b6bddc58d02c6fe6afe4 4 Q:
5dd634a4db51363c0239468e 4 4 4
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
387 062fb6009047feb07925d7cd5
62fb6009047feb07925d7cd5- 11545true
- 21550false
- 31505false
- 41505false
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Answer : 1. "1545"
Q: In what time will the simple interest be 2/5 of the principal at 8 percent per annum?
1701 05ef5b6bddc58d02c6fe6afe4
5ef5b6bddc58d02c6fe6afe4- 17 yearsfalse
- 25 yearstrue
- 38 yearsfalse
- 46 yearsfalse
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Answer : 2. "5 years "
Q: The simple interest on ₹ 4,000 in 3 years at the rate of x % per annum equals the simple interest on ₹ 5,000 at the rate of 12% per annum in 2 years. The value of x is
862 05dd634a4db51363c0239468e
5dd634a4db51363c0239468e- 110 %true
- 26 %false
- 38 %false
- 49 %false
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Answer : 1. "10 % "
Q: A sum of Rs. 400 amounts to Rs. 480 in 4 years. What will it amount of if the rate of interact is increased by 2% ? 2478 05cfdfebd70433d6f12b54059
5cfdfebd70433d6f12b54059- 1Rs. 484false
- 2Rs. 560false
- 3Rs. 512true
- 4None of thesefalse
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Answer : 3. "Rs. 512"
Q: A sum of money becomes $${7\over6}$$ of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is: 1333 15cfdf50598d53c6bd3f9d354
5cfdf50598d53c6bd3f9d354- 1$$5{5\over9}\%$$true
- 2$$6{5\over9}\%$$false
- 318%false
- 425%false
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Answer : 1. "$$5{5\over9}\%$$"
Q: The simple interest on a certain sum at 5% per annum for 3 years and 4 years differ by Rs. 42. The sum is : 2392 15cfdf87e70433d6f12b54046
5cfdf87e70433d6f12b54046- 1Rs. 210false
- 2Rs. 280false
- 3Rs. 750false
- 4Rs. 840true
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Answer : 4. "Rs. 840"
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