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.
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5f0d59c8cec10557a8df13f9- 1₹ 1740false
- 2₹ 120false
- 3₹ 6000false
- 4₹ 600true
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Answer : 4. "₹ 600 "
Q: A sum of ₹ 10,000 is lent partly at 8 % and remaining at 10% per annum. If the yearly interest on the average is 9.2 %, the two parts are
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5f0d473e9b26c36beb2fd666- 1₹ 5000, ₹ 5000false
- 2₹ 5500 , ₹ 4500false
- 3₹ 4000 , ₹ 6000true
- 4₹ 4500, ₹ 5500false
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Answer : 3. "₹ 4000 , ₹ 6000 "
Q: If the difference between CI and SI for 3 years at the rate of 10% is Rs 31. Find the principle.
1582 05e9d2e8b772f97276f50e3ad
5e9d2e8b772f97276f50e3ad- 1₹ 1,000true
- 2₹ 1,500false
- 3₹2,000false
- 4₹ 800false
- 5None of thesefalse
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Answer : 1. "₹ 1,000 "
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?
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5eb00fa38d1f47273b1d3be3- 1Rs. 567true
- 2Rs. 885.95false
- 3Rs. 5670false
- 4Can't be determinedfalse
- 5None of thesefalse
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Answer : 1. "Rs. 567 "
Q: Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10:3 at the rate of 6% simple interest per annum?
1578 06548d7b141ff7f5484036df7
6548d7b141ff7f5484036df7- 17 yearsfalse
- 23 yearsfalse
- 35 yearstrue
- 44 yearsfalse
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Answer : 3. "5 years "
Explanation :

Q: The sum of money that will yield Rs. 60 as simple interest at the rate of 6% per annum in 5 years is-
1578 06548d60fbe1f083d14915fbc
6548d60fbe1f083d14915fbc- 1200true
- 2225false
- 3175false
- 4300false
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Answer : 1. "200 "
Explanation :

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
1569 05ec5f6e2980ff60a66c35c84
5ec5f6e2980ff60a66c35c84- 1$$ 5{1\over2}$$false
- 28%false
- 37%true
- 46%false
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Answer : 3. "7% "
Q: ₹ 500 was invested at 12 % per annum simple interest and another certain sum of money invested at 10 % per annum simple interest . If the total interest on both the sum after 4 years is 480, the latter sum of money is
1560 05ef153568022cc4acbbe17ac
5ef153568022cc4acbbe17ac- 1₹ 450false
- 2₹ 550false
- 3₹ 750false
- 4₹ 600true
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