Simple Interest Questions Practice Question and Answer
8 Q: What is the ratio of the simple interest earned on a certain amount at the rate of 21% per annum for 8 years to that earned on the same sum at the same rate for 21 years?
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64a5449fdc607a4d2b2861b8- 18:21true
- 221:5false
- 35:21false
- 421:8false
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Answer : 1. "8:21 "
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?
1272 05f8013e60a69ab3becc7b52f
5f8013e60a69ab3becc7b52f- 1Rs. 35false
- 2Rs. 245false
- 3Rs. 350false
- 4Cannot determinedtrue
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Answer : 4. "Cannot determined"
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.
1251 05dbfb56b17d85f0ae3787227
5dbfb56b17d85f0ae3787227- 1400true
- 2500false
- 3600false
- 4700false
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Answer : 1. "400"
Q: In how many years a sum of Rs. 3000 will yield an interest of Rs. 1080 at 12% per annum simple interest?
1247 16548d95399dc28caf0402d5e
6548d95399dc28caf0402d5e- 14 yearsfalse
- 23 yearstrue
- 35 yearsfalse
- 46 yearsfalse
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Answer : 2. "3 years"
Explanation :
Q: Find the simple interest on a principal of Rs.1250 at the rate of 5% for a time of 219 days.
1240 0601a4e2b8f9c7c5b6d8f1433
601a4e2b8f9c7c5b6d8f1433- 132.5false
- 244.5false
- 337.5true
- 436.5false
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Answer : 3. "37.5"
Q: A certain amount of money earns Rs. 540 as simple interest in 3 years. If it earns a compound interest of Rs. 376.20 at the same rate of interest in 2 years, find the amount.
1239 05ec71dd4eaf6d54c81d84edc
5ec71dd4eaf6d54c81d84edc- 12000true
- 22100false
- 31600false
- 41800false
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Answer : 1. "2000 "
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-
1237 06549144c0795c43cec24e9f6
6549144c0795c43cec24e9f6- 13%false
- 24%false
- 35%false
- 46%true
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Answer : 4. "6%"
Explanation :
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?
1237 05f0ec250f4c8bf4bad01db4d
5f0ec250f4c8bf4bad01db4d- 13,414false
- 23,807false
- 33,149false
- 43,921true
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