Simple Interest Practice Question and Answer
8 Q: A person invests money in three different schemes for 6 years, 10 years and 12 years at 10%, 12% and 15% simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investments is-
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5fc476194f2f6c622bfdae4d- 16 : 3 : 2false
- 22 : 3 :4true
- 33 : 4 : 6false
- 43 : 4 :2false
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Answer : 2. "2 : 3 :4"
Q: 2 years, a sum was put at SI at a certain rate. If the rate was 3 % higher, it would have fetched 300 more. What will be the sum?
1269 05f0d4818fce67160728ddd81
5f0d4818fce67160728ddd81- 12500false
- 24484false
- 35000true
- 44800false
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Answer : 3. "5000 "
Q: A person invests money in three different schemes 6 years, 10 years and 12 years at 10%, 12% and 15% simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investment is
1257 06401de99cbcfaac053030577
6401de99cbcfaac053030577- 16: 3: 2true
- 22: 3: 4false
- 33: 4: 6false
- 43: 4: 2false
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Answer : 1. "6: 3: 2 "
Q: If the simple interest on ₹ 1 for 1 month is 1 paisa, then the rate percent per annum will be
1254 05f0d5f106d43556009477bdf
5f0d5f106d43556009477bdf- 112%true
- 26 %false
- 310 %false
- 48 %false
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Answer : 1. "12% "
Q: If an amount doubles automatically in 8 years, then what is the interest rate?
1245 05fb39b2b75c7de676fb32579
5fb39b2b75c7de676fb32579- 1$$ {12{1\over 2}}\%$$true
- 2$$ {15{1\over 2}}\%$$false
- 35 %false
- 4$$ {5{1\over 2}}\%$$false
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Answer : 1. "$$ {12{1\over 2}}\%$$"
Q: The simple interest and the true discount on a certain sum for a given period and at a given rate are 25 and 20 respectively. The sum is
1235 0600aa116bc7633585f48a611
600aa116bc7633585f48a611- 1₹ 500false
- 2₹ 200false
- 3₹ 250false
- 4₹ 100true
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Answer : 4. "₹ 100 "
Q: A sum of money at simple interest amount to Rs.4800 in 3 years and Rs.5600 in the 5 years. The sum is
1232 0602259583fb46f5722f78d80
602259583fb46f5722f78d80- 1Rs. 3,400false
- 2Rs. 3,600true
- 3Rs. 3,200false
- 4Rs. 3,000false
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Answer : 2. "Rs. 3,600"
Q: An amount doubles itself in 5 years simple interest. What is the rate of interest per year?
1227 060b70eb8b8943672abc1d445
60b70eb8b8943672abc1d445- 120%true
- 235 %false
- 325 %false
- 4Cannot be determinedfalse
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