Simple Interest Practice Question and Answer
8 Q: The simple interest on a certain sum of the money at 4 % per annum for 4 years is Rs.80 more than the interest on the same sum for 3 years at 5 % per annum. Find the sum.
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60b7104784a0c27500555fc3- 1Rs. 6,000false
- 2Rs. 8000true
- 3Rs. 10000false
- 4Rs. 12000false
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Answer : 2. "Rs. 8000"
Q: The difference between the compound interest and simple interest of a certain sum of amount is rupees 256.40 for 4 years at 10% rate per annum. Find the sum of money?
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60376e53cd43d04a8f4b7ae5- 14800false
- 26000false
- 34000true
- 44500false
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Answer : 3. "4000"
Q: The simple interest on a sum of money is of the sum. If the number of years is numerically half the rate percent per annum, then the rate percent per annum is
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5f0d5a17cec10557a8df1489- 16%false
- 28%true
- 35%false
- 44%false
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Answer : 2. "8%"
Q: An amount doubles itself in 5 years simple interest. What is the rate of interest per year?
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60b70eb8b8943672abc1d445- 120%true
- 235 %false
- 325 %false
- 4Cannot be determinedfalse
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Answer : 1. "20%"
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: Which amount will be Rs 520 in 5 years with simple interest and Rs 568 in 7 years?
871 0602df66ba503a25a4b89cf53
602df66ba503a25a4b89cf53- 1400true
- 2120false
- 3310false
- 4220false
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Answer : 1. "400"
Q: In what time will the simple interest be of the principal at 8% per annum?
870 05ec5f681977d8b0224abe9eb
5ec5f681977d8b0224abe9eb- 18 yearsfalse
- 27 yearsfalse
- 35 yearstrue
- 46 yearsfalse
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Answer : 3. "5 years "
Q: A sum of money at double the rate of simple interest doubles itself in 10 years. In how much time will that amount be triple of itself?
866 05f76c8e6e487e60dced902dc
5f76c8e6e487e60dced902dc- 115 yearsfalse
- 218 yearsfalse
- 320 yearstrue
- 430 yearsfalse
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