Simple Interest Questions Practice Question and Answer
8 Q: What equal installment of annual payment will discharge a debt which is due as ₹ 848 at the end of 4 years at 4 % per annum simple interest?
1413 05f0c49af6d43556009440c4f
5f0c49af6d43556009440c4f- 1₹ 250true
- 2₹ 225false
- 3₹ 212false
- 4₹ 200false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "₹ 250 "
Q: What annual instalment will discharge a debt of ₹ 6450 due in 4 years at 5% simple interest?
1412 06548d87fddecc634f37a8c79
6548d87fddecc634f37a8c79- 11500true
- 21835false
- 31935false
- 41950false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "1500 "
Explanation :

Q: If the difference of interest of two banks of Rs 500 is Rs 2.50, find the difference between their rates.
1411 05fe1b9ffce32c8585c7382d9
5fe1b9ffce32c8585c7382d9- 10.35 %false
- 20.25 %true
- 30.45 %false
- 40.55 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "0.25 %"
Q: A person invests money in three different schemes for 6 years, 10 years and 12 years at 10%, 12% and 15% simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investments is-
1405 15fc476194f2f6c622bfdae4d
5fc476194f2f6c622bfdae4d- 16 : 3 : 2false
- 22 : 3 :4true
- 33 : 4 : 6false
- 43 : 4 :2false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "2 : 3 :4"
Q: A sum of ₹ 10,000 is lent partly at 8 % and remaining at 10% per annum. If the yearly interest on the average is 9.2 %, the two parts are
1405 05f0d473e9b26c36beb2fd666
5f0d473e9b26c36beb2fd666- 1₹ 5000, ₹ 5000false
- 2₹ 5500 , ₹ 4500false
- 3₹ 4000 , ₹ 6000true
- 4₹ 4500, ₹ 5500false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "₹ 4000 , ₹ 6000 "
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?
1396 05f0d4818fce67160728ddd81
5f0d4818fce67160728ddd81- 12500false
- 24484false
- 35000true
- 44800false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "5000 "
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?
1393 060373fd19792c13b285804f3
60373fd19792c13b285804f3- 1Rs. 484false
- 2Rs. 560false
- 3Rs. 512true
- 4None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 512 "
Q: A certain sum of money lent out at simple interest amounts to Rs. 2400 in 4 years and Rs. 3000 in 6 years. Find the rate of interest per annum?
1392 063d0c6d10d9e560db8e9f83c
63d0c6d10d9e560db8e9f83c- 120 %false
- 218 %false
- 325 %true
- 415 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice

