Simple Interest Questions Practice Question and Answer
8 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?
1704 05f9be3223dfc3659c6979e00
5f9be3223dfc3659c6979e00- 1Rs. 400true
- 2Rs. 525false
- 3Rs. 425false
- 4Rs. 525false
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Answer : 1. "Rs. 400 "
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?
1671 05f8013e60a69ab3becc7b52f
5f8013e60a69ab3becc7b52f- 1Rs. 35false
- 2Rs. 245false
- 3Rs. 350false
- 4Cannot determinedtrue
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Answer : 4. "Cannot determined"
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?
1659 05f0ec250f4c8bf4bad01db4d
5f0ec250f4c8bf4bad01db4d- 13,414false
- 23,807false
- 33,149false
- 43,921true
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Answer : 4. "3,921"
Q: Find the simple interest on a principal of Rs.1250 at the rate of 5% for a time of 219 days.
1655 0601a4e2b8f9c7c5b6d8f1433
601a4e2b8f9c7c5b6d8f1433- 132.5false
- 244.5false
- 337.5true
- 436.5false
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Answer : 3. "37.5"
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.
1650 05dbfb56b17d85f0ae3787227
5dbfb56b17d85f0ae3787227- 1400true
- 2500false
- 3600false
- 4700false
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Answer : 1. "400"
Q: A person lends 40 % of his sum of money at 15 % per annum, 50 % of rest at 10 % per annum and the rest at 18 % per annum rate of interest. What would be the annual rate of interest, if the interest is calculated on the whole sum?
1634 05f0c48cd9b26c36beb2cc5d0
5f0c48cd9b26c36beb2cc5d0- 114.4 %true
- 213.33 %false
- 313.4 %false
- 414.33 %false
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Answer : 1. "14.4 % "
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.
1632 064e7534f3be218b6cdc7ee06
64e7534f3be218b6cdc7ee06- 1Rs. 375false
- 2Rs. 275false
- 3Rs. 225true
- 4Rs. 325false
- 5Rs. 250false
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Answer : 3. "Rs. 225"
Q: A man invested Rs.25000 on simple interest at R% p.a. If interest received by man is three twentieth of the principal after three years, then find ‘R’?
1604 062e0fcd555271b350333ad52
62e0fcd555271b350333ad52- 15%true
- 24%false
- 36%false
- 43%false
- 58%false
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