Simple Interest Questions Practice Question and Answer
8 Q: What sum will amount to ₹ 7000 in 5 years at $$3{1\over3}\%$$ simple interest ?
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624d6f68badeb679cf090ce1- 16000true
- 25000false
- 36300false
- 46500false
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Answer : 1. "6000 "
Explanation :

Q: Rinky borrowed a certain sum of money from Kajal under the following repayment scheme based on simple interest. 8% p.a. for the initial 2 years, 9.5% p.a. for the next 4 years, 11% p.a. for the next 2 years, 12% p.a. after the first 8 years. Find the amount which a sum of Rs. 9000 taken for 12 years becomes at the end of 12 years?
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630db3237c72c077845b7f7e- 1Rs. 23470false
- 2Rs. 24567false
- 3Rs. 20160true
- 4Rs. 22350false
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Answer : 3. "Rs. 20160"
Q: A sum of money doubles itself in 7 years at simple interest. In how much time will it become 5 times of itself?
1227 0648723eee8d2170cb3a23c6b
648723eee8d2170cb3a23c6b- 121 yearsfalse
- 225 yearsfalse
- 328 yearstrue
- 423 yearsfalse
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Answer : 3. "28 years"
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?
1221 063bd5b308f5b1f774c45fb63
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?
1215 06411b7013218fd8d1492915a
6411b7013218fd8d1492915a- 18000false
- 29000false
- 310,000true
- 415,000false
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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?
1209 06051c468a37d522d6c151713
6051c468a37d522d6c151713- 1Rs. 36,800true
- 2Rs. 36,400false
- 3Rs. 35,800false
- 4Rs.40,000false
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Answer : 1. "Rs. 36,800"
Q: In how much time will a sum of Rs. 12500 amounts to Rs. 20000 at the rate of 8 percent per annum at simple interest?
1203 0644f9fed508d9a21f78e706d
644f9fed508d9a21f78e706d- 110 yearsfalse
- 27.5 yearstrue
- 38 yearsfalse
- 412.5 yearsfalse
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Answer : 2. "7.5 years"
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?
1201 0606afbc26a85553684da0eae
606afbc26a85553684da0eae- 1690true
- 2115false
- 3151false
- 4960false
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