Simple Interest Practice Question and Answer

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? 

1279 0

  • 1
    132.50
    Correct
    Wrong
  • 2
    135.60
    Correct
    Wrong
  • 3
    137.60
    Correct
    Wrong
  • 4
    None of these
    Correct
    Wrong
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Answer : 3. "137.60"

Q:

The simple interest on a sum  of money is $$8\over 25$$ of the sum. If the number of years is numerically half the rate percent per annum, then the rate percent per annum is 

1276 0

  • 1
    6%
    Correct
    Wrong
  • 2
    8%
    Correct
    Wrong
  • 3
    5%
    Correct
    Wrong
  • 4
    4%
    Correct
    Wrong
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Answer : 2. "8%"

Q:

At some rate of simple interest, A lent ₹ 6,000 to B for 2 years and ₹ 1,500 to C for 4 years and received ₹ 9,00 as interest from both of them together. The rate of interest per annum was

1272 0

  • 1
    8%
    Correct
    Wrong
  • 2
    10%
    Correct
    Wrong
  • 3
    5%
    Correct
    Wrong
  • 4
    6%
    Correct
    Wrong
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Answer : 3. "5% "
Explanation :

Q:

At what rate per cent per annum will a sum of money double in 8 years?

1269 0

  • 1
    12.5%
    Correct
    Wrong
  • 2
    13.5%
    Correct
    Wrong
  • 3
    11.5%
    Correct
    Wrong
  • 4
    14.5%
    Correct
    Wrong
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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-

1265 0

  • 1
    3%
    Correct
    Wrong
  • 2
    4%
    Correct
    Wrong
  • 3
    5%
    Correct
    Wrong
  • 4
    6%
    Correct
    Wrong
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Answer : 4. "6%"
Explanation :

Q:

In 5 years, the simple interest on an amount of Rs. X is $$2\over 5$$ of the principal. The rate of interest per annum is:

1253 0

  • 1
    12%
    Correct
    Wrong
  • 2
    8%
    Correct
    Wrong
  • 3
    10%
    Correct
    Wrong
  • 4
    5%
    Correct
    Wrong
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Answer : 2. "8%"

Q:

A sum of money becomes Rs 16000 in 6 years at the rate of 25% per annum simple interest. What is the total interest for 6 years?

1250 0

  • 1
    Rs. 9600
    Correct
    Wrong
  • 2
    Rs. 6000
    Correct
    Wrong
  • 3
    Rs. 8400
    Correct
    Wrong
  • 4
    Rs. 9000
    Correct
    Wrong
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Answer : 1. "Rs. 9600 "

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?

1247 0

  • 1
    1800
    Correct
    Wrong
  • 2
    1200
    Correct
    Wrong
  • 3
    1500
    Correct
    Wrong
  • 4
    2800
    Correct
    Wrong
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Answer : 2. "1200"

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