Simple Interest Practice Question and Answer
8 Q: A sum of money becomes 3 times in 12 years. In how many years it will become 5 times at the same rate of simple interest?
979 060990bd6c4aedb3e8066a196
60990bd6c4aedb3e8066a196- 120 yearsfalse
- 216 yearsfalse
- 324 yearstrue
- 430 yearsfalse
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Answer : 3. "24 years "
Q: The simple interest on a sum of money for 3 years is ₹240 and the compound interest on the same sum, at the same rate for 2 years is ₹170. The rate of interest is
974 05f0d5d41fce67160728e40c7
5f0d5d41fce67160728e40c7- 1
- 2
- 3true
- 4
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Answer : 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.:
973 05e86d358e378b64bed5ba96f
5e86d358e378b64bed5ba96f- 114false
- 228false
- 321true
- 410false
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Answer : 3. "21 "
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?
972 05f0d4818fce67160728ddd81
5f0d4818fce67160728ddd81- 12500false
- 24484false
- 35000true
- 44800false
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Answer : 3. "5000 "
Q: If the difference of interest of two banks of Rs 500 is Rs 2.50, find the difference between their rates.
962 05fe1b9ffce32c8585c7382d9
5fe1b9ffce32c8585c7382d9- 10.35 %false
- 20.25 %true
- 30.45 %false
- 40.55 %false
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Answer : 2. "0.25 %"
Q: In a certain time, the ratio of a certain principle and interest obtained from it are in the ratio 10 : 3 at 10 % interest per annum. The number of years for which the money was invested is?
951 05f0d47be9b26c36beb2fd731
5f0d47be9b26c36beb2fd731- 15 yearsfalse
- 27 yearsfalse
- 31 yearsfalse
- 43 yearstrue
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Answer : 4. "3 years "
Q: Rs. 2,000 is invested at 10% p.a. on simple interest. If that interest is added to the principal after every 20 years, the amount will become Rs. 14,000 after
943 05fd874de6c22b74b3a9ee9d4
5fd874de6c22b74b3a9ee9d4- 115 yearsfalse
- 2true
years - 3false
years - 440 yearsfalse
- 5None of thesefalse
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Answer : 2. " years "
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
932 05ef153568022cc4acbbe17ac
5ef153568022cc4acbbe17ac- 1₹ 450false
- 2₹ 550false
- 3₹ 750false
- 4₹ 600true
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