Simple Interest Questions Practice Question and Answer
8 Q: A sum of ₹ 3000 yields an interest of ₹ 1080 at 12% per annum simple interest in how many years ?
1194 06116217a56340c20700ac41d
6116217a56340c20700ac41d- 14 Yearsfalse
- 23 Yearstrue
- 35 yearsfalse
- 42½ Yearsfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
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 05eb00fa38d1f47273b1d3be3
5eb00fa38d1f47273b1d3be3- 1Rs. 567true
- 2Rs. 885.95false
- 3Rs. 5670false
- 4Can't be determinedfalse
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
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 0602e408f6d461f66398818d3
602e408f6d461f66398818d3- 11346false
- 21512true
- 31506false
- 41495false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "1512 "
Q: In what time will the annual simple interest rate at $$ {6{1\over4}{\%}}$$ , 72 rupees becomes 81 rupees?
1187 05f8014474e4f797ddbd7c4de
5f8014474e4f797ddbd7c4de- 12 yeartrue
- 22 year 6 monthfalse
- 33 yearfalse
- 4None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
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 060373fd19792c13b285804f3
60373fd19792c13b285804f3- 1Rs. 484false
- 2Rs. 560false
- 3Rs. 512true
- 4None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
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 05e9d2e8b772f97276f50e3ad
5e9d2e8b772f97276f50e3ad- 1₹ 1,000true
- 2₹ 1,500false
- 3₹2,000false
- 4₹ 800false
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "₹ 1,000 "
Q: At what simple rate of interest a sum is double in 8 years?
1180 160f9328516158a5eedaec179
60f9328516158a5eedaec179- 111.0 %false
- 212.5 %true
- 312 %false
- 413.5 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
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 05fe1b9ffce32c8585c7382d9
5fe1b9ffce32c8585c7382d9- 10.35 %false
- 20.25 %true
- 30.45 %false
- 40.55 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice

