Simple Interest Questions Practice Question and Answer
8 Q: Out of ₹ 20, 000 Narendra gives some amount on loan at simple interest rate 8 % per annum and rest amount at simple interest rate 4 / 3 % per annum. At the end of year he earns ₹ 800. The amount given at 8 % rate will be –
1746 05e6b8485b88436739429103c
5e6b8485b88436739429103c- 1₹ 10,000false
- 2₹ 12,000false
- 3₹ 8,000true
- 4₹ 6,000false
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Answer : 3. "₹ 8,000 "
Q: Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9 % p. a. for the next five years and 13 % p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is ₹8,160, the money borrowed by him ( in ₹ ) was -
1733 05dd6357ac2282c484e4b7dfc
5dd6357ac2282c484e4b7dfc- 112,000false
- 26,000false
- 38,000true
- 410,000false
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Answer : 3. "8,000 "
Q: A sum of money triples itself in 8 years simple interest. Find the rate of percent per annum? 1732 15b5cc6bee4d2b4197774d9a1
5b5cc6bee4d2b4197774d9a1- 130%false
- 225%true
- 322%false
- 418%false
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Answer : 2. "25%"
Q: What is the simple interest when Rs. 13000 get the interest Rs. 6,370 in the year?
1696 05fb4e1702638fd6f56649583
5fb4e1702638fd6f56649583- 15 %false
- 210 %false
- 314 %true
- 412%false
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Answer : 3. "14 %"
Q: At what rate percent per annum will the simple interest on a sum of money be of the principal amount in 10 years? 1657 05cfdff59bc9a366f2932575a
5cfdff59bc9a366f2932575a- 14%true
- 26%false
- 3false
- 4false
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Answer : 1. "4%"
Q: Megha invests an amount of Rs. 15,860 in the names of her three daughters A, B and C in such a way that they get the same interest after 2, 3 and 4 years respectively. If the rate of simple interest is 5 % p.a, then the ratio of the amounts invested among A, B and C will be –
1651 05f0d85f69b26c36beb30dd5e
5f0d85f69b26c36beb30dd5e- 16 : 7 : 8false
- 26 : 5 : 4false
- 35 : 10 : 12false
- 4true
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Answer : 4. " "
Q: If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z we have –
1603 05dd635117780ee35515b10b5
5dd635117780ee35515b10b5- 1false
- 2xyz = 1false
- 3false
- 4true
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Answer : 4. " "
Q: The simple interest accrued on an amount of Rs. 8500 at the end of four years is Rs.3400. What would be the compound interest accrued on the same amount at the same rate of interest after three years?
1589 05ebbcd71beb61d2288e2af07
5ebbcd71beb61d2288e2af07- 1₹ 2560.25false
- 2₹ 2813.5true
- 3₹ 2740false
- 4₹ 2944false
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