Simple Interest Practice Question and Answer
8 Q: What is the simple interest when Rs. 13000 get the interest Rs. 6,370 in the $$ {3{1\over 2}}$$ year?
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Answer : 3. "14 %"
Q: At what rate percent per annum will the simple interest on a sum of money be $${2\over 5}$$ of the principal amount in 10 years? 1953 05cfdff59bc9a366f2932575a
5cfdff59bc9a366f2932575a- 14%true
- 26%false
- 3$$5{2\over3}\%$$false
- 4$$6{2\over3}\%$$false
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Answer : 1. "4%"
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?
1897 062f369be55c5be58410dbcc0
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Answer : 3. "25 %"
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?
1895 05ebbcd71beb61d2288e2af07
5ebbcd71beb61d2288e2af07- 1₹ 2560.25false
- 2₹ 2813.5true
- 3₹ 2740false
- 4₹ 2944false
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Answer : 2. "₹ 2813.5 "
Q: A certain sum becomes Rs. 1020 in 5 years and Rs. 1200 in 8 years at simple interest. What is the value of principal?
1882 05f0d75aafce67160728ea9a2
5f0d75aafce67160728ea9a2- 1700false
- 2720true
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Answer : 2. "720"
Q: Mohit borrowed Rs. 22000 at 5% simple interest repayable in 5 equal installments. What will be the annual installment payable by him?
1878 05f2cfa36b57ade01caff3a35
5f2cfa36b57ade01caff3a35- 1Rs 4800false
- 2Rs 5500false
- 3Rs 4600true
- 4Rs 500false
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Answer : 3. "Rs 4600"
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 –
1877 05dd635117780ee35515b10b5
5dd635117780ee35515b10b5- 1$$x^2=xy$$false
- 2xyz = 1false
- 3$$x^2=xy$$false
- 4$$y^2=zx$$true
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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.
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