Simple Interest Practice Question and Answer
8 Q: The simple interest accrued on an amount of Rs 16500 at the end of 3 years is Rs. 4950. What would be the compound interest accrued on the same amount at the same rate in the same period?
2038 05ea6d57c8127c42fd38d914c
5ea6d57c8127c42fd38d914c- 1Rs. 5462.9false
- 2Rs. 5461.5true
- 3Rs. 5641.2false
- 4Rs. 5621.3false
- 5Rs. 5162 4false
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Answer : 2. "Rs. 5461.5 "
Q: ₹ 26100 is divided between Ram and Shyam so that the interest that Ram receives in 3 years is the same as that Shyam receives in 6 years. If the interest rate of 4 % per annum then Ram's share is
2009 05f0d7c746d4355600947f3bb
5f0d7c746d4355600947f3bb- 1₹ 8,700false
- 2₹ 19,000false
- 3₹ 8,500false
- 4₹ 17,400true
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Answer : 4. "₹ 17,400 "
Q: Two equal sum were lent out at 7% and 5% S.I respectively. The interest earned on the two loans add up to ₹960 for 4 years. The total sum lent out is
2003 05dd635e7db51363c023948b4
5dd635e7db51363c023948b4- 1₹ 3500false
- 2₹ 2500false
- 3₹ 2000true
- 4₹ 3000false
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Answer : 3. "₹ 2000 "
Q: Megha invests an amount of Rs. 15,860 in the names of her three daughters A, B and C in such a way that they get the same interest after 2, 3 and 4 years respectively. If the rate of simple interest is 5 % p.a, then the ratio of the amounts invested among A, B and C will be –
1975 05f0d85f69b26c36beb30dd5e
5f0d85f69b26c36beb30dd5e- 16 : 7 : 8false
- 26 : 5 : 4false
- 35 : 10 : 12false
- 4$${1\over 10}:{1\over 15}:{1\over 20}$$true
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Answer : 4. "$${1\over 10}:{1\over 15}:{1\over 20}$$"
Q: Out of ₹ 20, 000 Narendra gives some amount on loan at simple interest rate 8 % per annum and rest amount at simple interest rate 4 / 3 % per annum. At the end of year he earns ₹ 800. The amount given at 8 % rate will be –
1963 05e6b8485b88436739429103c
5e6b8485b88436739429103c- 1₹ 10,000false
- 2₹ 12,000false
- 3₹ 8,000true
- 4₹ 6,000false
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Answer : 3. "₹ 8,000 "
Q: Nitin borrowed some money at the rate of 6% p.a. for the first three years, 9 % p. a. for the next five years and 13 % p.a. for the period beyond eight years. If the total interest paid by him at the end of eleven years is ₹8,160, the money borrowed by him ( in ₹ ) was -
1921 05dd6357ac2282c484e4b7dfc
5dd6357ac2282c484e4b7dfc- 112,000false
- 26,000false
- 38,000true
- 410,000false
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Answer : 3. "8,000 "
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-
1897 06549144c0795c43cec24e9f6
6549144c0795c43cec24e9f6- 13%false
- 24%false
- 35%false
- 46%true
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Answer : 4. "6%"
Explanation :

Q: What is the simple interest when Rs. 13000 get the interest Rs. 6,370 in the $$ {3{1\over 2}}$$ year?
1896 05fb4e1702638fd6f56649583
5fb4e1702638fd6f56649583- 15 %false
- 210 %false
- 314 %true
- 412%false
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