Simple Interest Questions Practice Question and Answer
8 Q: The simple interest on a certain sum of money at the rate of 5 % per annum for 8 years is ₹ 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is?
1377 05d9dac3ae215617fef75f6d1
5d9dac3ae215617fef75f6d1- 17%false
- 28%true
- 39%false
- 410%false
- Show Answer
- Workspace
- SingleChoice
Answer : 2. "8%"
Explanation :
undefined
Q: What sum will give Rs. 488 as the difference between simple interest and compound interest at 10% in years compounded half yearly ?
2043 05efea963eb90be58c595fae7
5efea963eb90be58c595fae7- 1Rs. 80,000false
- 2Rs. 72,000false
- 3Rs. 64,000true
- 4Rs. 68,000false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 64,000"
Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1733 15b5cc6bee4d2b4197774d9a1
5b5cc6bee4d2b4197774d9a1- 130%false
- 225%true
- 322%false
- 418%false
- Show Answer
- Workspace
- SingleChoice
Answer : 2. "25%"
Q: A sum of money becomes of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is: 1814 15cfdf50598d53c6bd3f9d354
5cfdf50598d53c6bd3f9d354- 1true
- 2false
- 318%false
- 425%false
- Show Answer
- Workspace
- SingleChoice
Answer : 1. " "
Q: A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and 3 months. The rate of interest per annum is : 2967 05cfdfc5bbc9a366f2932574d
5cfdfc5bbc9a366f2932574d- 1false
- 28%false
- 37%true
- 46%false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "7%"
Explanation :
Q: The difference between the simple interest between the simple interest received from two different sources on ₹ 1500 for 3 years is ₹ 13.50. The difference between their rate of interest is -
1375 05db034e8eb701b4db6e86ca7
5db034e8eb701b4db6e86ca7- 10.1 %false
- 20.2 %false
- 30.3 %true
- 40.4 %false
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "0.3 % "
Q: Ajay bought Rs.11,000 from a bank to buy a car at 12% simple Interest. If he paid Rs 6,600 as interest while clearing the loan, find the time for which the loan was given.
4638 05e842dbd41a4013349c149b6
5e842dbd41a4013349c149b6- 13 yearfalse
- 24 yearfalse
- 35 yeartrue
- 46 yearfalse
- 5None of thesefalse
- Show Answer
- Workspace
- SingleChoice
Answer : 3. "5 year"
Q: 2 years, a sum was put at SI at a certain rate. If the rate was 3 % higher, it would have fetched 300 more. What will be the sum?
990 05f0d4818fce67160728ddd81
5f0d4818fce67160728ddd81- 12500false
- 24484false
- 35000true
- 44800false
- Show Answer
- Workspace
- SingleChoice