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-
1820 06549144c0795c43cec24e9f6
6549144c0795c43cec24e9f6- 13%false
- 24%false
- 35%false
- 46%true
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Answer : 4. "6%"
Explanation :

Q: In how many years a sum of Rs. 3000 will yield an interest of Rs. 1080 at 12% per annum simple interest?
1785 16548d95399dc28caf0402d5e
6548d95399dc28caf0402d5e- 14 yearsfalse
- 23 yearstrue
- 35 yearsfalse
- 46 yearsfalse
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Answer : 2. "3 years"
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 –
1783 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.
1763 05eb9466343b27164c8e423ba
5eb9466343b27164c8e423ba- 15false
- 28false
- 310true
- 41false
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Answer : 3. "10"
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
1753 05dca56b588990a4b0e803191
5dca56b588990a4b0e803191- 1₹ 3000false
- 2₹4000false
- 3₹ 6500false
- 4₹ 5000true
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Answer : 4. "₹ 5000"
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?
1745 05ebbcd71beb61d2288e2af07
5ebbcd71beb61d2288e2af07- 1₹ 2560.25false
- 2₹ 2813.5true
- 3₹ 2740false
- 4₹ 2944false
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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
1731 05f0c4758cec10557a8dbbc96
5f0c4758cec10557a8dbbc96- 15 : 2false
- 225 : 2true
- 32 : 25false
- 42 : 1false
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Answer : 2. "25 : 2"
Q: Mohit borrowed Rs. 22000 at 5% simple interest repayable in 5 equal installments. What will be the annual installment payable by him?
1728 05f2cfa36b57ade01caff3a35
5f2cfa36b57ade01caff3a35- 1Rs 4800false
- 2Rs 5500false
- 3Rs 4600true
- 4Rs 500false
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