Simple Interest Questions Practice Question and Answer
8 Q: A principal increase by 50 percent in five years at the rate of simple interest. What will be the compound interest for 3 years at Rs 20,000 with the same interest rate?
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5fa91c953c64cb3fb8e8b1f6- 15760false
- 26620true
- 33310false
- 42880false
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Answer : 2. "6620"
Q: A certain sum doubles in 7 years at simple interest. The same sum under the same interest rate will become 4 times in how many years.:
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5e86d358e378b64bed5ba96f- 114false
- 228false
- 321true
- 410false
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Answer : 3. "21 "
Q: At what annual percentage rate, 10 years of simple interest on an amount will be $$ {2\over 5}$$ of the addition?
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602df6b4a503a25a4b89cf7c- 14 %false
- 26 %false
- 3$$ {5{2\over3}{\%}}$$false
- 4$$ {6{2\over3}{\%}}$$true
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Answer : 4. "$$ {6{2\over3}{\%}}$$"
Q: The simple interest on a certain sum of the money at 4 % per annum for 4 years is Rs.80 more than the interest on the same sum for 3 years at 5 % per annum. Find the sum.
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60b7104784a0c27500555fc3- 1Rs. 6,000false
- 2Rs. 8000true
- 3Rs. 10000false
- 4Rs. 12000false
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Answer : 2. "Rs. 8000"
Q: A sum of Rs.1600 gives a simple interest of Rs.252 in 2 years and 3 months. The rate of interest per annum is
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5ec5f6e2980ff60a66c35c84- 1$$ 5{1\over2}$$false
- 28%false
- 37%true
- 46%false
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Answer : 3. "7% "
Q: If the difference between CI and SI for 3 years at the rate of 10% is Rs 31. Find the principle.
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5e9d2e8b772f97276f50e3ad- 1₹ 1,000true
- 2₹ 1,500false
- 3₹2,000false
- 4₹ 800false
- 5None of thesefalse
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Answer : 1. "₹ 1,000 "
Q: The simple interest on an amount at the rate of 13.5 p.c.p.a. for 10 years is Rs. 765.45. What is the sum?
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5eb00fa38d1f47273b1d3be3- 1Rs. 567true
- 2Rs. 885.95false
- 3Rs. 5670false
- 4Can't be determinedfalse
- 5None of thesefalse
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Answer : 1. "Rs. 567 "
Q: Rs. 1,080 invested for 3 months gave an interest of Rs. 27. The simple rate of interest per annum was :
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608292a360a06a7ffdaaf57c- 12.5%false
- 25%false
- 37.5%false
- 410%true
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