Simple Interest Practice Question and Answer
8 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-
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- 24%false
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Answer : 4. "6%"
Explanation :

Q: A sum of money becomes $${7\over6}$$ of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is: 2294 15cfdf50598d53c6bd3f9d354
5cfdf50598d53c6bd3f9d354- 1$$5{5\over9}\%$$true
- 2$$6{5\over9}\%$$false
- 318%false
- 425%false
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Answer : 1. "$$5{5\over9}\%$$"
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?
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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: 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
2243 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 –
2242 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: What is the simple interest when Rs. 13000 get the interest Rs. 6,370 in the $$ {3{1\over 2}}$$ year?
2237 05fb4e1702638fd6f56649583
5fb4e1702638fd6f56649583- 15 %false
- 210 %false
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Answer : 3. "14 %"
Q: A certain sum of money lent out at simple interest amounts to Rs. 2400 in 4 years and Rs. 3000 in 6 years. Find the rate of interest per annum?
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62f369be55c5be58410dbcc0- 120 %false
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Answer : 3. "25 %"
Q: The simple interest on a sum of money is 4 / 9 of the principal and the number of years is equal to the rate percent per annum. The rate per annum is
2214 05dfca8da54723673b3fedd00
5dfca8da54723673b3fedd00- 15 %false
- 2$$ 6{2\over 3}\% $$true
- 36 %false
- 4$$ 8{2\over 3}\% $$false
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