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-
1733 06549144c0795c43cec24e9f6
6549144c0795c43cec24e9f6- 13%false
- 24%false
- 35%false
- 46%true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "6%"
Explanation :

Q: If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then what is the relation between x, y, z we have –
1732 05dd635117780ee35515b10b5
5dd635117780ee35515b10b5- 1$$x^2=xy$$false
- 2xyz = 1false
- 3$$x^2=xy$$false
- 4$$y^2=zx$$true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "$$y^2=zx$$"
Q: Simple interest on a certain sum is equal to the sum itself. find the time if rate of interest and time are numerically equal.
1711 05eb9466343b27164c8e423ba
5eb9466343b27164c8e423ba- 15false
- 28false
- 310true
- 41false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 3. "10"
Q: In how many years a sum of Rs. 3000 will yield an interest of Rs. 1080 at 12% per annum simple interest?
1703 16548d95399dc28caf0402d5e
6548d95399dc28caf0402d5e- 14 yearsfalse
- 23 yearstrue
- 35 yearsfalse
- 46 yearsfalse
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "3 years"
Explanation :

Q: The simple interest accrued on an amount of Rs. 8500 at the end of four years is Rs.3400. What would be the compound interest accrued on the same amount at the same rate of interest after three years?
1690 05ebbcd71beb61d2288e2af07
5ebbcd71beb61d2288e2af07- 1₹ 2560.25false
- 2₹ 2813.5true
- 3₹ 2740false
- 4₹ 2944false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "₹ 2813.5 "
Q: A person borrows some money for 5 years and the ratio of the loan amount: total interest amount is 5 : 2. Then find the ratio of the loan amount: interest rate is equal to
1686 05f0c4758cec10557a8dbbc96
5f0c4758cec10557a8dbbc96- 15 : 2false
- 225 : 2true
- 32 : 25false
- 42 : 1false
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 2. "25 : 2"
Q: Ram deposited a certain sum of money in a company at 12 % per annum simple interest for 4 years and deposited equal amount in fixed deposit in a bank for 5 years at 15 % per annum simple interest. If the difference in the interest from two sources is ₹ 1350 than the sum deposited in each case is
1679 05dca56b588990a4b0e803191
5dca56b588990a4b0e803191- 1₹ 3000false
- 2₹4000false
- 3₹ 6500false
- 4₹ 5000true
- Show AnswerHide Answer
- Workspace
- SingleChoice
Answer : 4. "₹ 5000"
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?
1673 062f369be55c5be58410dbcc0
62f369be55c5be58410dbcc0- 120 %false
- 218 %false
- 325 %true
- 415 %false
- 512 %false
- Show AnswerHide Answer
- Workspace
- SingleChoice

