Simple Interest Practice Question and Answer
8 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
1181 05fd874de6c22b74b3a9ee9d4
5fd874de6c22b74b3a9ee9d4- 115 yearsfalse
- 2$$ {{33}{1\over 3}}$$ yearstrue
- 3$$ {{16}{2\over 3}}$$ yearsfalse
- 440 yearsfalse
- 5None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "$$ {{33}{1\over 3}}$$ years "
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?
1179 05f0d47be9b26c36beb2fd731
5f0d47be9b26c36beb2fd731- 15 yearsfalse
- 27 yearsfalse
- 31 yearsfalse
- 43 yearstrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "3 years "
Q: A sum of money was invested at a certain rate of simple interest for 2 years. Had it been invested at 1% higher rate, it would have fetched Rs.192 more interest. The sum of money is-
1175 160f7d50aef8c4b405cab1ac4
60f7d50aef8c4b405cab1ac4- 1Rs.9000false
- 2Rs.9600true
- 3Rs.7200false
- 4Rs.8400false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "Rs.9600"
Q: A sum of money lent at simple interest amounts to ₹ 880 in 2 years and to ₹ 920 in 3 years. The sum of money (in rupees) is
1174 0624d63766dc29f5ccd0ea9d9
624d63766dc29f5ccd0ea9d9- 1784false
- 2800true
- 3700false
- 4760false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "800"
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-
1172 06548d60fbe1f083d14915fbc
6548d60fbe1f083d14915fbc- 1200true
- 2225false
- 3175false
- 4300false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "200 "
Explanation :

Q: In what time will the simple interest be $$ {2\over5} $$ of the principal at 8% per annum?
1172 05ec5f681977d8b0224abe9eb
5ec5f681977d8b0224abe9eb- 18 yearsfalse
- 27 yearsfalse
- 35 yearstrue
- 46 yearsfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "5 years "
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?
1169 06548d7b141ff7f5484036df7
6548d7b141ff7f5484036df7- 17 yearsfalse
- 23 yearsfalse
- 35 yearstrue
- 44 yearsfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "5 years "
Explanation :

Q: A property fetches a net annual income of ₹1000 deducting all outgoings. The capitalized value of the property for the rate of interest 6% will be (in ₹) -
1152 062ff7acffef7996822ddfa7c
62ff7acffef7996822ddfa7c- 1₹16667.00true
- 2₹15003.00false
- 3₹18000.00false
- 4None of the abovefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice

