Simple Interest Questions Practice Question and Answer

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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  • 1
    Rs. 9600
    Correct
    Wrong
  • 2
    Rs. 6000
    Correct
    Wrong
  • 3
    Rs. 8400
    Correct
    Wrong
  • 4
    Rs. 9000
    Correct
    Wrong
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Answer : 1. "Rs. 9600 "

Q:

A sum triple itself in 9 years at simple interest. Find the rate of interest per annum is.

789 0

  • 1
    Correct
    Wrong
  • 2
    Correct
    Wrong
  • 3
    Correct
    Wrong
  • 4
    Correct
    Wrong
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Answer : 4. ""

Q:

Mahesh invests a sum of money which becomes Rs. 1344 in 3 years and Rs. 1536 in 7 years. How much had he invested?

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  • 1
    1800
    Correct
    Wrong
  • 2
    1200
    Correct
    Wrong
  • 3
    1500
    Correct
    Wrong
  • 4
    2800
    Correct
    Wrong
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Answer : 2. "1200"

Q:

The sum of money that will yield Rs. 60 as simple interest at the rate of 6% per annum in 5 years is-

776 0

  • 1
    200
    Correct
    Wrong
  • 2
    225
    Correct
    Wrong
  • 3
    175
    Correct
    Wrong
  • 4
    300
    Correct
    Wrong
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Answer : 1. "200 "
Explanation :

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?

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  • 1
    10 years
    Correct
    Wrong
  • 2
    7.5 years
    Correct
    Wrong
  • 3
    8 years
    Correct
    Wrong
  • 4
    12.5 years
    Correct
    Wrong
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Answer : 2. "7.5 years"

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?

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  • 1
    Rs. 5,000
    Correct
    Wrong
  • 2
    Rs. 7,500
    Correct
    Wrong
  • 3
    Rs. 2,500
    Correct
    Wrong
  • 4
    Rs. 8,000
    Correct
    Wrong
  • 5
    Rs. 6,000
    Correct
    Wrong
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Answer : 4. "Rs. 8,000"

Q:

What sum will amount to ₹ 7000 in 5 years at simple interest ? 

770 0

  • 1
    6000
    Correct
    Wrong
  • 2
    5000
    Correct
    Wrong
  • 3
    6300
    Correct
    Wrong
  • 4
    6500
    Correct
    Wrong
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Answer : 1. "6000 "
Explanation :

Q:

The simple interest on a sum for 5 years is one fourth of the sum. The rate of interest per annum is

769 0

  • 1
    5%
    Correct
    Wrong
  • 2
    6%
    Correct
    Wrong
  • 3
    4%
    Correct
    Wrong
  • 4
    8%
    Correct
    Wrong
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Answer : 2. "6%"

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