Simple Interest Questions Practice Question and Answer
8 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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Answer : 3. "2000"
Q: What sum will amount to ₹ 7000 in 5 years at $$3{1\over3}\%$$ simple interest ?
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624d6f68badeb679cf090ce1- 16000true
- 25000false
- 36300false
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Answer : 1. "6000 "
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?
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63bd5b308f5b1f774c45fb63- 1Rs. 8000true
- 2Rs. 8500false
- 3Rs. 7500false
- 4Rs. 9000false
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Answer : 1. "Rs. 8000 "
Q: The difference between the simple interest and the compound interest on a certain amount at 5% for two years is 25, what is the amount?
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6411b7013218fd8d1492915a- 18000false
- 29000false
- 310,000true
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Answer : 3. "10,000 "
Q: A certain sum (in Rs.) is invested at simple interest at x% p.a. for 5 years. Had it been invested at (x+5)% p.a, the simple interest would have been Rs.9,200 more than the earlier one. What is the sum?
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6051c468a37d522d6c151713- 1Rs. 36,800true
- 2Rs. 36,400false
- 3Rs. 35,800false
- 4Rs.40,000false
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Answer : 1. "Rs. 36,800"
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
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Answer : 1. "690"
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
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5f0d5a17cec10557a8df1489- 16%false
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Answer : 2. "8%"
Q: A sum of money doubles itself in 7 years at simple interest. In how much time will it become 5 times of itself?
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648723eee8d2170cb3a23c6b- 121 yearsfalse
- 225 yearsfalse
- 328 yearstrue
- 423 yearsfalse
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