Simple Interest Questions Practice Question and Answer
8 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.
1922 05f06ffde3f7f07047796b3a8
5f06ffde3f7f07047796b3a8- 1₹ 920false
- 2₹ 1620false
- 3₹ 900true
- 4₹ 960false
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Answer : 3. "₹ 900 "
Q: Find the simple interest on a principal of Rs.1250 at the rate of 5% for a time of 219 days.
1915 0601a4e2b8f9c7c5b6d8f1433
601a4e2b8f9c7c5b6d8f1433- 132.5false
- 244.5false
- 337.5true
- 436.5false
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Answer : 3. "37.5"
Q: A takes a loan of Rs. 1500 from a bank at the rate of 10% simple interest for 3 years and lends to B at the rate of 15% for the same time period. Find the overall profit of A in the whole transaction.
1905 064e7534f3be218b6cdc7ee06
64e7534f3be218b6cdc7ee06- 1Rs. 375false
- 2Rs. 275false
- 3Rs. 225true
- 4Rs. 325false
- 5Rs. 250false
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Answer : 3. "Rs. 225"
Q: The simple interest of 7 years of money is Rs. 1750. If the rate of interest was 2% more per annum, how much interest would have been higher?
1896 05f8013e60a69ab3becc7b52f
5f8013e60a69ab3becc7b52f- 1Rs. 35false
- 2Rs. 245false
- 3Rs. 350false
- 4Cannot determinedtrue
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Answer : 4. "Cannot determined"
Q: What is the difference between the interest of Ram and Shyam in the given picture if Ram's money is on simple interest and Shyam's money is on compound interest.

1866 05ef056958022cc4acbba92eb
5ef056958022cc4acbba92eb- 1735.905false
- 2745.904true
- 3735.904false
- 4740.905false
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Answer : 2. "745.904"
Q: What would be the simple interest obtained on amount of Rs.6,535 at the rate of 10% Percent per annum after 6 years?
1840 05f0ec250f4c8bf4bad01db4d
5f0ec250f4c8bf4bad01db4d- 13,414false
- 23,807false
- 33,149false
- 43,921true
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Answer : 4. "3,921"
Q: Simple interest on an amount is Rs. 24 and true discount on the same is Rs. 20. The principal amount is
1838 06058699b4789ef0456dbef00
6058699b4789ef0456dbef00- 1110false
- 2120true
- 3140false
- 4100false
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Answer : 2. "120"
Q: The difference between C.I and S.I for 2 years is Rs. 9. Find the sum (in Rs.) if the rate is 15% per annum.
1826 05dbfb56b17d85f0ae3787227
5dbfb56b17d85f0ae3787227- 1400true
- 2500false
- 3600false
- 4700false
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