Simple Interest Questions Practice Question and Answer
8 Q: The simple interest and the true discount on a certain sum for a given period and at a given rate are 25 and 20 respectively. The sum is
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600aa116bc7633585f48a611- 1₹ 500false
- 2₹ 200false
- 3₹ 250false
- 4₹ 100true
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Answer : 4. "₹ 100 "
Q: If an amount doubles automatically in 8 years, then what is the interest rate?
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5fb39b2b75c7de676fb32579- 1$$ {12{1\over 2}}\%$$true
- 2$$ {15{1\over 2}}\%$$false
- 35 %false
- 4$$ {5{1\over 2}}\%$$false
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Answer : 1. "$$ {12{1\over 2}}\%$$"
Q: An amount doubles itself in 5 years simple interest. What is the rate of interest per year?
1114 060b70eb8b8943672abc1d445
60b70eb8b8943672abc1d445- 120%true
- 235 %false
- 325 %false
- 4Cannot be determinedfalse
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Answer : 1. "20%"
Q: In a certain time, the ratio of a certain principle and interest obtained from it are in the ratio 10 : 3 at 10 % interest per annum. The number of years for which the money was invested is?
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5f0d47be9b26c36beb2fd731- 15 yearsfalse
- 27 yearsfalse
- 31 yearsfalse
- 43 yearstrue
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Answer : 4. "3 years "
Q: The difference between the compound interest and simple interest of a certain sum of amount is rupees 256.40 for 4 years at 10% rate per annum. Find the sum of money?
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60376e53cd43d04a8f4b7ae5- 14800false
- 26000false
- 34000true
- 44500false
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Answer : 3. "4000"
Q: ₹ 500 was invested at 12 % per annum simple interest and another certain sum of money invested at 10 % per annum simple interest . If the total interest on both the sum after 4 years is 480, the latter sum of money is
1087 05ef153568022cc4acbbe17ac
5ef153568022cc4acbbe17ac- 1₹ 450false
- 2₹ 550false
- 3₹ 750false
- 4₹ 600true
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Answer : 4. "₹ 600 "
Q: A sum of money lent at simple interest amounts to ₹ 880 in 2 years and to ₹ 920 in 3 years. The sum of money (in rupees) is
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624d63766dc29f5ccd0ea9d9- 1784false
- 2800true
- 3700false
- 4760false
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Answer : 2. "800"
Explanation :

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
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5f0d473e9b26c36beb2fd666- 1₹ 5000, ₹ 5000false
- 2₹ 5500 , ₹ 4500false
- 3₹ 4000 , ₹ 6000true
- 4₹ 4500, ₹ 5500false
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