Simple Interest Questions Practice Question and Answer
8 Q: ₹ 1,000 is invested at 5% per annum simple interest. If the interest is added to the Aprincipal after every 10 years, the amount will become 2,000 after
927 06401defc51b71771391f9dcb
6401defc51b71771391f9dcb- 115 yearsfalse
- 218 yearsfalse
- 320 yearsfalse
- 4None of thesetrue
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Answer : 4. "None of these"
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?
921 0644f9fed508d9a21f78e706d
644f9fed508d9a21f78e706d- 110 yearsfalse
- 27.5 yearstrue
- 38 yearsfalse
- 412.5 yearsfalse
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Answer : 2. "7.5 years"
Q: A person deposited ₹15,600 in a fixed deposit at 10% per annum simple interest. After every second year he adds his interest earned to the principal. The interest at the end of 4 years is:
919 06481860c23e51f477708d12b
6481860c23e51f477708d12b- 1₹6,655false
- 2₹3,744false
- 3₹6,864true
- 4₹3,975false
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Answer : 3. "₹6,864"
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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63d2968d6071cf76fc1eb5ab- 11800false
- 21200true
- 31500false
- 42800false
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Answer : 2. "1200"
Q: A sum of money doubles itself in 7 years at simple interest. In how much time will it become 5 times of itself?
905 0648723eee8d2170cb3a23c6b
648723eee8d2170cb3a23c6b- 121 yearsfalse
- 225 yearsfalse
- 328 yearstrue
- 423 yearsfalse
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Answer : 3. "28 years"
Q: At some rate of simple interest, A lent ₹ 6,000 to B for 2 years and ₹ 1,500 to C for 4 years and received ₹ 9,00 as interest from both of them together. The rate of interest per annum was
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624d65556dc29f5ccd0eb56e- 18%false
- 210%false
- 35%true
- 46%false
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Answer : 3. "5% "
Explanation :

Q:Answer the following questions
At a simple interest Rs. 3050 becomes Rs. 4026 in four years. If the interest rate was increased by 4% how much would Rs.7500 become in four years ?
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63bd5b8e3d35cd0deed5d39a- 1Rs.13100false
- 2Rs.11200false
- 3Rs. 12100false
- 4Rs.11100true
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Answer : 4. "Rs.11100 "
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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