Simple Interest Practice Question and Answer
8 Q: A man invested Rs.25000 on simple interest at R% p.a. If interest received by man is three twentieth of the principal after three years, then find ‘R’?
1320 062e0fcd555271b350333ad52
62e0fcd555271b350333ad52- 15%true
- 24%false
- 36%false
- 43%false
- 58%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "5%"
Q: At the rate of 8 % simple annual interest, if an amount becomes Rs. 819 in 3 years and 3 months, then what was the original amount?
1317 05f87f636b7ad805e26c7b573
5f87f636b7ad805e26c7b573- 1Rs. 675false
- 2Rs. 700false
- 3Rs. 276false
- 4Rs. 650true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Rs. 650"
Q: A sum of ₹ 800 amounts to ₹ 920 in 3 years at the simple interest rate. If the rate is increased by 3 % p.a., what will be the sum amount to in the same period?
1314 05f0d4a9acec10557a8deb2cc
5f0d4a9acec10557a8deb2cc- 1₹ 942false
- 2₹ 982false
- 3₹ 992true
- 4₹ 962false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "₹ 992"
Q: A takes a loan of Rs. 1500 from a bank at the rate of 10% simple interest for 3 years and lends to B at the rate of 15% for the same time period. Find the overall profit of A in the whole transaction.
1309 064e7534f3be218b6cdc7ee06
64e7534f3be218b6cdc7ee06- 1Rs. 375false
- 2Rs. 275false
- 3Rs. 225true
- 4Rs. 325false
- 5Rs. 250false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 225"
Q: A sum become Rs. 10,650 in 5 years and Rs.11076 in 6 years at simple interest. What is the sum?
1304 0610c0344a0824f7eeb5c9240
610c0344a0824f7eeb5c9240- 1Rs.8946false
- 2Rs. 8740false
- 3Rs. 8520true
- 4Rs.8800false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "Rs. 8520"
Q: A person borrows 5,000 for 2 years at 4 % per annum simple interest. He immediately lends it to another person at $$6{1\over 4}\% $$ per annum simple interest for 2 years. His gain in this transaction is
1294 15f0c44786d4355600943e8c7
5f0c44786d4355600943e8c7- 1₹ 225true
- 2₹ 150false
- 3₹ 112.50false
- 4₹ 450false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "₹ 225 "
Explanation :

Q: A sum becomes 5 times of itself in 3 years at compound interest (interest is compounded annually). In how many years will the sum becomes 125 times of itself?
1278 0610c072a997056628331105c
610c072a997056628331105c- 19true
- 26false
- 38false
- 412false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "9"
Q: A person deposited ₹500 for 4 years and ₹ 600 for 3 years at the same rate of simple interest in a bank. Altogether he received ₹ 190 as interest. The rate of simple interest per annum was
1275 05dd63277c2282c484e4b5ee6
5dd63277c2282c484e4b5ee6- 14 %false
- 25 %true
- 32 %false
- 43 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice

