Simple Interest Questions Practice Question and Answer

Q:

A sum of ₹ 3000 yields an interest of ₹ 1080 at 12% per annum simple interest in how many years ?

1194 0

  • 1
    4 Years
    Correct
    Wrong
  • 2
    3 Years
    Correct
    Wrong
  • 3
    5 years
    Correct
    Wrong
  • 4
    2½ Years
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "3 Years"

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?

1191 0

  • 1
    Rs. 567
    Correct
    Wrong
  • 2
    Rs. 885.95
    Correct
    Wrong
  • 3
    Rs. 5670
    Correct
    Wrong
  • 4
    Can't be determined
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "Rs. 567 "

Q:

A certain sum of Rs.4200 becomes Rs5523 at 11% p.a simple interest in a certain time. What is the simple interest on the sum of Rs. 4800 at the same rate and in same time period?

1190 0

  • 1
    1346
    Correct
    Wrong
  • 2
    1512
    Correct
    Wrong
  • 3
    1506
    Correct
    Wrong
  • 4
    1495
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "1512 "

Q:

In what time will the annual simple interest rate at $$ {6{1\over4}{\%}}$$ , 72 rupees becomes 81 rupees?

1187 0

  • 1
    2 year
    Correct
    Wrong
  • 2
    2 year 6 month
    Correct
    Wrong
  • 3
    3 year
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. " 2 year"

Q:

The amount of Rs 400 becomes Rs 480 in 4 years. If the rate of interest is increased by 2 percent, how much will it be?

1184 0

  • 1
    Rs. 484
    Correct
    Wrong
  • 2
    Rs. 560
    Correct
    Wrong
  • 3
    Rs. 512
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 3. "Rs. 512 "

Q:

If the difference between CI and SI for 3 years at the rate of 10% is Rs 31. Find the principle.

1183 0

  • 1
    ₹ 1,000
    Correct
    Wrong
  • 2
    ₹ 1,500
    Correct
    Wrong
  • 3
    ₹2,000
    Correct
    Wrong
  • 4
    ₹ 800
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 1. "₹ 1,000 "

Q:

At what simple rate of interest a sum is double in 8 years?

1180 1

  • 1
    11.0 %
    Correct
    Wrong
  • 2
    12.5 %
    Correct
    Wrong
  • 3
    12 %
    Correct
    Wrong
  • 4
    13.5 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "12.5 %"

Q:

If the difference of interest of two banks of Rs 500 is Rs 2.50, find the difference between their rates.

1176 0

  • 1
    0.35 %
    Correct
    Wrong
  • 2
    0.25 %
    Correct
    Wrong
  • 3
    0.45 %
    Correct
    Wrong
  • 4
    0.55 %
    Correct
    Wrong
  • Show AnswerHide Answer
  • Workspace

Answer : 2. "0.25 %"

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully

      Report Error

    Please Enter Message
    Error Reported Successfully