Simple Interest Practice Question and Answer
8 Q: Mahesh invests a sum of money which becomes Rs. 1344 in 3 years and Rs. 1536 in 7 years. How much had he invested?
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- 21200true
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Answer : 2. "1200"
Q: The sum of money that will yield Rs. 60 as simple interest at the rate of 6% per annum in 5 years is-
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6548d60fbe1f083d14915fbc- 1200true
- 2225false
- 3175false
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Answer : 1. "200 "
Explanation :
Q: In how much time will a sum of Rs. 12500 amounts to Rs. 20000 at the rate of 8 percent per annum at simple interest?
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644f9fed508d9a21f78e706d- 110 yearsfalse
- 27.5 yearstrue
- 38 yearsfalse
- 412.5 yearsfalse
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Answer : 2. "7.5 years"
Q: The total sum of amounts of A and B at the end of 4 years and 2 years respectively on the same principal is Rs. 20,020. If A is charged Simple interest at the rate 10% and B is charged Compound interest at the rate 5%. The principal is?
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64e761763be218b6cdc81426- 1Rs. 5,000false
- 2Rs. 7,500false
- 3Rs. 2,500false
- 4Rs. 8,000true
- 5Rs. 6,000false
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Answer : 4. "Rs. 8,000"
Q: What sum will amount to ₹ 7000 in 5 years at simple interest ?
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624d6f68badeb679cf090ce1- 16000true
- 25000false
- 36300false
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Answer : 1. "6000 "
Explanation :
Q: The simple interest on a sum for 5 years is one fourth of the sum. The rate of interest per annum is
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62fb5e9839a8157d97182f6f- 15%false
- 26%true
- 34%false
- 48%false
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Answer : 2. "6%"
Q: A lends 2500 to B and a certain sum to C at the same time at 7% annual simple interest. If after 4 years, A altogether receives 1120 as interest from B and C, the sum lent to C is-
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654238654a7ba1cb6049b040- 1700false
- 26500false
- 34000false
- 41500true
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Answer : 4. "1500"
Explanation :
Q: The difference between the simple interest and the compound interest on a certain amount at 5% for two years is 25, what is the amount?
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6411b7013218fd8d1492915a- 18000false
- 29000false
- 310,000true
- 415,000false
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