Simple Interest Questions Practice Question and Answer
8 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 ₹) -
1083 062ff7acffef7996822ddfa7c
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 sum of money is $$8\over 25$$ of the sum. If the number of years is numerically half the rate percent per annum, then the rate percent per annum is
1078 05f0d5a17cec10557a8df1489
5f0d5a17cec10557a8df1489- 16%false
- 28%true
- 35%false
- 44%false
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Answer : 2. "8%"
Q: The total sum of amounts of A and B at the end of 4 years and 2 years respectively on the same principal is Rs. 20,020. If A is charged Simple interest at the rate 10% and B is charged Compound interest at the rate 5%. The principal is?
1077 064e761763be218b6cdc81426
64e761763be218b6cdc81426- 1Rs. 5,000false
- 2Rs. 7,500false
- 3Rs. 2,500false
- 4Rs. 8,000true
- 5Rs. 6,000false
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Answer : 4. "Rs. 8,000"
Q: The sum of money that will yield Rs. 60 as simple interest at the rate of 6% per annum in 5 years is-
1076 06548d60fbe1f083d14915fbc
6548d60fbe1f083d14915fbc- 1200true
- 2225false
- 3175false
- 4300false
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Answer : 1. "200 "
Explanation :

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?
1066 06548d7b141ff7f5484036df7
6548d7b141ff7f5484036df7- 17 yearsfalse
- 23 yearsfalse
- 35 yearstrue
- 44 yearsfalse
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Answer : 3. "5 years "
Explanation :

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?
1041 063bd5b308f5b1f774c45fb63
63bd5b308f5b1f774c45fb63- 1Rs. 8000true
- 2Rs. 8500false
- 3Rs. 7500false
- 4Rs. 9000false
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Answer : 1. "Rs. 8000 "
Q: A sum triple itself in 9 years at simple interest. Find the rate of interest per annum is.
1036 064b50596e154aff53372df18
64b50596e154aff53372df18- 1$$38{2\over 9} \% $$false
- 2$$33{1\over 3} \% $$false
- 3$$27{1\over 9} \% $$false
- 4$$22{2\over 9} \% $$true
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Answer : 4. "$$22{2\over 9} \% $$"
Q: What sum will amount to ₹ 7000 in 5 years at $$3{1\over3}\%$$ simple interest ?
1033 0624d6f68badeb679cf090ce1
624d6f68badeb679cf090ce1- 16000true
- 25000false
- 36300false
- 46500false
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Answer : 1. "6000 "
Explanation :


