Simple Interest Questions Practice Question and Answer
8 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?
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606afbc26a85553684da0eae- 1690true
- 2115false
- 3151false
- 4960false
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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?
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5fa91b5b4e71ba46b02a64b7- 11800false
- 21600false
- 32000true
- 42100false
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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 ₹) -
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62ff7acffef7996822ddfa7c- 1₹16667.00true
- 2₹15003.00false
- 3₹18000.00false
- 4None of the abovefalse
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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-
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62c6a3a451fe3472d68fbcb4- 1Rs 12000false
- 2Rs 12500false
- 3Rs 8000false
- 4Rs 10000true
- 5None of thesefalse
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Answer : 4. "Rs 10000"
Q:Answer the following questions
Anshul borrowed Rs.24800 from Deepak at 8% p.a. simple interest for 4 years. He then added some more money to the borrowed sum and lent it to Rajeev for the same period at 10% p.a. If Anshul gains Rs. 5184 in the whole transaction, how much money did he add from his side?
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63bd5b308f5b1f774c45fb63- 1Rs. 8000true
- 2Rs. 8500false
- 3Rs. 7500false
- 4Rs. 9000false
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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?
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63d0c6d10d9e560db8e9f83c- 120 %false
- 218 %false
- 325 %true
- 415 %false
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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?
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624315a7398e4a497b38c65a- 1Rs. 9600true
- 2Rs. 6000false
- 3Rs. 8400false
- 4Rs. 9000false
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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?
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6548d7b141ff7f5484036df7- 17 yearsfalse
- 23 yearsfalse
- 35 yearstrue
- 44 yearsfalse
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