Simple Interest Questions Practice Question and Answer

Q:

A sum of money amounts to 5,200 in 5 years and to 5,680 in 7 years at simple interest. The rate of interest per annum is-

411 0

  • 1
    3%
    Correct
    Wrong
  • 2
    4%
    Correct
    Wrong
  • 3
    5%
    Correct
    Wrong
  • 4
    6%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "6%"
Explanation :

Q:

In how many years a sum of Rs. 3000 will yield an interest of Rs. 1080 at 12% per annum simple interest?

424 0

  • 1
    4 years
    Correct
    Wrong
  • 2
    3 years
    Correct
    Wrong
  • 3
    5 years
    Correct
    Wrong
  • 4
    6 years
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "3 years"
Explanation :

Q:

What annual instalment will discharge a debt of ₹ 6450 due in 4 years at 5% simple interest?

244 0

  • 1
    1500
    Correct
    Wrong
  • 2
    1835
    Correct
    Wrong
  • 3
    1935
    Correct
    Wrong
  • 4
    1950
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "1500 "
Explanation :

Q:

Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10:3 at the rate of 6% simple interest per annum?

247 0

  • 1
    7 years
    Correct
    Wrong
  • 2
    3 years
    Correct
    Wrong
  • 3
    5 years
    Correct
    Wrong
  • 4
    4 years
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "5 years "
Explanation :

Q:

The sum of money that will yield Rs. 60 as simple interest at the rate of 6% per annum in 5 years is-

222 0

  • 1
    200
    Correct
    Wrong
  • 2
    225
    Correct
    Wrong
  • 3
    175
    Correct
    Wrong
  • 4
    300
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "200 "
Explanation :

Q:

 ₹ 800 becomes ₹ 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4 %, what amount will ₹ 800 become in 3 years? 

1579 0

  • 1
    ₹ 1020.80
    Correct
    Wrong
  • 2
    ₹ 1025
    Correct
    Wrong
  • 3
    ₹ 1052
    Correct
    Wrong
  • 4
    ₹ 1050
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "₹ 1052 "
Explanation :

Q:

A sum of money amounts to 5,200 in 5 years and to 5,680 in 7 years at simple interest. The rate of interest per annum is-

170 0

  • 1
    3%
    Correct
    Wrong
  • 2
    4%
    Correct
    Wrong
  • 3
    5%
    Correct
    Wrong
  • 4
    6%
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "6%"
Explanation :

Q:

₹ 1,000 is invested at 5% per annum simple interest. If the interest is added to the Aprincipal after every 10 years, the amount will become 2,000 after

238 0

  • 1
    15 years
    Correct
    Wrong
  • 2
    18 years
    Correct
    Wrong
  • 3
    20 years
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 4. "None of these"
Explanation :

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully