Simple Interest Practice Question and Answer
8 Q: A sum of money lent out at simple interest amounts to ₹720 after 2 years and 1020 after a further period of 5 years. Find the principal.
1183 05f0d59c8cec10557a8df13f9
5f0d59c8cec10557a8df13f9- 1₹ 1740false
- 2₹ 120false
- 3₹ 6000false
- 4₹ 600true
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Answer : 4. "₹ 600 "
Q: The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:
1170 05fd34d45956cb668fbde8b19
5fd34d45956cb668fbde8b19- 1Rs. 2.50false
- 2Rs. 3true
- 3Rs. 3.75false
- 4Rs. 4false
- 5None of thesefalse
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Answer : 2. "Rs. 3"
Q: A certain sum doubles in 7 years at simple interest. The same sum under the same interest rate will become 4 times in how many years.:
1152 05e86d358e378b64bed5ba96f
5e86d358e378b64bed5ba96f- 114false
- 228false
- 321true
- 410false
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Answer : 3. "21 "
Q: The simple interest on an amount at the rate of 13.5 p.c.p.a. for 10 years is Rs. 765.45. What is the sum?
1150 05eb00fa38d1f47273b1d3be3
5eb00fa38d1f47273b1d3be3- 1Rs. 567true
- 2Rs. 885.95false
- 3Rs. 5670false
- 4Can't be determinedfalse
- 5None of thesefalse
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Answer : 1. "Rs. 567 "
Q: A sum of ₹ 3000 yields an interest of ₹ 1080 at 12% per annum simple interest in how many years ?
1147 06116217a56340c20700ac41d
6116217a56340c20700ac41d- 14 Yearsfalse
- 23 Yearstrue
- 35 yearsfalse
- 42½ Yearsfalse
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Answer : 2. "3 Years"
Q: A sum of Rs.1600 gives a simple interest of Rs.252 in 2 years and 3 months. The rate of interest per annum is
1146 05ec5f6e2980ff60a66c35c84
5ec5f6e2980ff60a66c35c84- 1$$ 5{1\over2}$$false
- 28%false
- 37%true
- 46%false
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Answer : 3. "7% "
Q: A certain sum of Rs.4200 becomes Rs5523 at 11% p.a simple interest in a certain time. What is the simple interest on the sum of Rs. 4800 at the same rate and in same time period?
1144 0602e408f6d461f66398818d3
602e408f6d461f66398818d3- 11346false
- 21512true
- 31506false
- 41495false
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Answer : 2. "1512 "
Q: In what time will the annual simple interest rate at $$ {6{1\over4}{\%}}$$ , 72 rupees becomes 81 rupees?
1142 05f8014474e4f797ddbd7c4de
5f8014474e4f797ddbd7c4de- 12 yeartrue
- 22 year 6 monthfalse
- 33 yearfalse
- 4None of thesefalse
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