Simple Interest Practice Question and Answer
8 Q:Answer the following questions
At a simple interest Rs. 3050 becomes Rs. 4026 in four years. If the interest rate was increased by 4% how much would Rs.7500 become in four years ?
936 063bd5b8e3d35cd0deed5d39a
63bd5b8e3d35cd0deed5d39a- 1Rs.13100false
- 2Rs.11200false
- 3Rs. 12100false
- 4Rs.11100true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "Rs.11100 "
Q: If 64 amount to 83.20 in 2 years what will ₹ 86 amount to in 4 years at the same rate percent per annum?
933 06401dd600fa4111f87190866
6401dd600fa4111f87190866- 1132.50false
- 2135.60false
- 3137.60true
- 4None of thesefalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "137.60"
Q: What would be the simple interest obtained on an amount of `6,535 at the rate of 10 % p.a. (percent per annum) after 6 years?
911 0639c8e074eaee21296c28ae4
639c8e074eaee21296c28ae4- 13414false
- 23921true
- 33807false
- 43149false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "3921"
Q: At what rate per cent per annum will a sum of money double in 8 years?
911 06410568a5bff3d098ddc0683
6410568a5bff3d098ddc0683- 112.5%true
- 213.5%false
- 311.5%false
- 414.5%false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "12.5%"
Q: A sum of money amounts to 5,200 in 5 years and to 5,680 in 7 years at simple interest. The rate of interest per annum is-
909 06548d279c298bbcb029d4548
6548d279c298bbcb029d4548- 13%false
- 24%false
- 35%false
- 46%true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "6%"
Explanation :

Q: A person invests a certain amount on simple interest. After 8 years he gets 16% interest. If he invests the same sum for 4 years, then he gets Rs. 9600 as interest, then the sum is
890 064e5e57e646d8ab6ebd7ae4c
64e5e57e646d8ab6ebd7ae4c- 1Rs. 96000false
- 2Rs. 80000false
- 3Rs. 48000false
- 4Rs. 60000false
- 5None of thesetrue
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 5. "None of these "
Q: A certain sum amounts to ₹15,500 in 2 years at 12% p.a. simple interest. The same sum will amount to what in$$1{1\over 2}$$ years at 10% p.a., if the interest is compounded half yearly (nearest to ₹1)?
883 064be676823047f4c71dc9c42
64be676823047f4c71dc9c42- 1₹ 14,470true
- 2₹ 15,125false
- 3₹ 14,360false
- 4₹ 13,460false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 1. "₹ 14,470"
Q: What sum of money must be given as simple interest for six months at 4% per annum in order to earn 150 interest?
863 06218ed9b3e501f3ab0a886cb
6218ed9b3e501f3ab0a886cb- 15000false
- 27500true
- 310000false
- 415000false
- Show AnswerHide Answer
- Workspace
- SingleChoice

