Simple Interest Practice Question and Answer
8Q: 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: 2247 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: In how many years a sum of Rs. 3000 will yield an interest of Rs. 1080 at 12% per annum simple interest?
2226 16548d95399dc28caf0402d5e
6548d95399dc28caf0402d5e- 14 yearsfalse
- 23 yearstrue
- 35 yearsfalse
- 46 yearsfalse
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Answer : 2. "3 years"
Explanation :

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-
2215 06549144c0795c43cec24e9f6
6549144c0795c43cec24e9f6- 13%false
- 24%false
- 35%false
- 46%true
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Answer : 4. "6%"
Explanation :

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
2209 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 –
2203 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: 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
2174 05dfca8da54723673b3fedd00
5dfca8da54723673b3fedd00- 15 %false
- 2$$ 6{2\over 3}\% $$true
- 36 %false
- 4$$ 8{2\over 3}\% $$false
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Answer : 2. "$$ 6{2\over 3}\% $$"
Q: What is the simple interest when Rs. 13000 get the interest Rs. 6,370 in the $$ {3{1\over 2}}$$ year?
2161 05fb4e1702638fd6f56649583
5fb4e1702638fd6f56649583- 15 %false
- 210 %false
- 314 %true
- 412%false
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Answer : 3. "14 %"
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
2133 05f0d7c746d4355600947f3bb
5f0d7c746d4355600947f3bb- 1₹ 8,700false
- 2₹ 19,000false
- 3₹ 8,500false
- 4₹ 17,400true
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