Simple Interest Questions Practice Question and Answer

Q:

Ms. Deksha borrow Rs. 575 at 5 % per annum simple interest. What amount (in rupees) will she pay to clear her debt after 4 years?

829 0

  • 1
    690
    Correct
    Wrong
  • 2
    115
    Correct
    Wrong
  • 3
    151
    Correct
    Wrong
  • 4
    960
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 1. "690"

Q:

The simple interest on an amount at the rate of 7 percent for five years is Rs 700. So how much is the principal?

814 0

  • 1
    1800
    Correct
    Wrong
  • 2
    1600
    Correct
    Wrong
  • 3
    2000
    Correct
    Wrong
  • 4
    2100
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 3. "2000"

Q:

A property fetches a net annual income of ₹1000 deducting all outgoings. The capitalized value of the property for the rate of interest 6% will be (in ₹) -

812 0

  • 1
    ₹16667.00
    Correct
    Wrong
  • 2
    ₹15003.00
    Correct
    Wrong
  • 3
    ₹18000.00
    Correct
    Wrong
  • 4
    None of the above
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 1. "₹16667.00"

Q:

The simple interest on a certain sum at 15% per annum for 5 year is Rs1500 more to the simple interest on the same at 12% per annum for the same period. Find the sum-

804 0

  • 1
    Rs 12000
    Correct
    Wrong
  • 2
    Rs 12500
    Correct
    Wrong
  • 3
    Rs 8000
    Correct
    Wrong
  • 4
    Rs 10000
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 4. "Rs 10000"

  • Show Answer
  • Workspace

Answer : 1. "Rs. 8000 "

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?

790 0

  • 1
    20 %
    Correct
    Wrong
  • 2
    18 %
    Correct
    Wrong
  • 3
    25 %
    Correct
    Wrong
  • 4
    15 %
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 3. "25 %"

Q:

A sum of money becomes Rs 16000 in 6 years at the rate of 25% per annum simple interest. What is the total interest for 6 years?

776 0

  • 1
    Rs. 9600
    Correct
    Wrong
  • 2
    Rs. 6000
    Correct
    Wrong
  • 3
    Rs. 8400
    Correct
    Wrong
  • 4
    Rs. 9000
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 1. "Rs. 9600 "

Q:

Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10:3 at the rate of 6% simple interest per annum?

767 0

  • 1
    7 years
    Correct
    Wrong
  • 2
    3 years
    Correct
    Wrong
  • 3
    5 years
    Correct
    Wrong
  • 4
    4 years
    Correct
    Wrong
  • Show Answer
  • Workspace

Answer : 3. "5 years "
Explanation :

  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