Simple Interest Practice Question and Answer

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.

2016 0

  • 1
    5
    Correct
    Wrong
  • 2
    8
    Correct
    Wrong
  • 3
    10
    Correct
    Wrong
  • 4
    1
    Correct
    Wrong
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Answer : 3. "10"

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 – 

1979 0

  • 1
    $$x^2=xy$$
    Correct
    Wrong
  • 2
    xyz = 1
    Correct
    Wrong
  • 3
    $$x^2=xy$$
    Correct
    Wrong
  • 4
    $$y^2=zx$$
    Correct
    Wrong
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Answer : 4. "$$y^2=zx$$"

Q:

The simple interest on an amount of 2,800 at the end of 3 years is Rs 420. What will be the simple interest at Rs 3200 for the same rate and for the same period?

1972 0

  • 1
    Rs .480
    Correct
    Wrong
  • 2
    Rs. 560
    Correct
    Wrong
  • 3
    Rs. 440
    Correct
    Wrong
  • 4
    Rs. 640
    Correct
    Wrong
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Answer : 1. "Rs .480"

Q:

How much simple interest will be received in 10 years on the amount of Rs. 1600? If the rate of interest is 7.25 percent per annum.

1962 0

  • 1
    Rs. 1180
    Correct
    Wrong
  • 2
    Rs. 1160
    Correct
    Wrong
  • 3
    Rs. 1240
    Correct
    Wrong
  • 4
    Rs. 1220
    Correct
    Wrong
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Answer : 2. "Rs. 1160"

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Answer : 4. "₹ 5000"

Q:

In how many years will Rs 4600 amount to Rs 5428 at 3 % per annum simple interest?

1894 0

  • 1
    3
    Correct
    Wrong
  • 2
    5
    Correct
    Wrong
  • 3
    6
    Correct
    Wrong
  • 4
    4
    Correct
    Wrong
  • 5
    None of these
    Correct
    Wrong
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Answer : 3. "6"

Q:

The simple interest on a certain sum of money at the rate of 5 % per annum for 8 years is ₹ 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is? 

1887 0

  • 1
    7%
    Correct
    Wrong
  • 2
    8%
    Correct
    Wrong
  • 3
    9%
    Correct
    Wrong
  • 4
    10%
    Correct
    Wrong
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Answer : 2. "8%"
Explanation :

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Answer : 2. "12.5 %"

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