simple interest

Multiple Select

WHAT IS THE PRINCIPAL?

• MONEY IS BORROWED

• MONEY THAT IS DEPOSITED IN THE BANK

• MONEY THAT IS EARNED

• MONEY THAT IS SAVED

Multiple Select

WHAT IS RATE OF INTEREST?

• interest is paid by borrowers for the money that they borrow.

• interest is paid as the amount deposited

• interest is nothing but the additional amount to be paid

Multiple Choice

Aakash deposited 15000 rupees in a bank at a rate of 8 p.c.p.a.for 3 years

how much is the time given?

• 150000

• 15000

• 8

• 3

Multiple Choice

Principal (P) = 5000 Rate of interest (R) = 6 % Time (T) = 5 years

identify the rate of interest

• 6%

• 5 %

• 4%

• 5000

Multiple Choice

Principal = 25000 rupees, Amount = 31,000 rupees, Time = 4 years,

Identify how much is the principal

• 25000

• 31000

• 310000

Multiple Select

WHICH ARE THE VARIOUS COMPONENTS TO CALCULATE SIMPLE INTEREST?

• PRINCIPAL

• RATE OF INTEREST

• PERCENTAGE

• TIME

• PROFIT

Q1.

Harsh deposited 36000 rupees in a bank at a rate of 7.5 p.c.p.a.for 3 years. How much interest does he get?

Multiple Select

WHAT IS GIVEN IN THIS PARTICULAR SUM?

• TIME

• PRINCIPAL

• RATE OF INTERST

• ONLY TIME AND PRINCIPAL

• ONLY RATE OF INTEREST

Multiple Choice

HOW MUCH WAS THE PRINCIPAL ?

• ₹ 3600

• ₹ 36000

• ₹ ₹ 360000

• 63000

Multiple Choice

HOW MUCH IS THE RATE OF INTEREST?

• 7.5%

• 8.5%

• 75%

• 7.25%

Multiple Choice

FOR HOW MANY YEARS DID HARSH DEPOSIT THE MONEY?

• 3

• 4

• 5

• 2

Multiple Choice

WHAT IS THE FORMULA TO CALCULATE SIMPLE INTEREST ?

• P x R X T

  100

• P x R x T

• P + R + T

  100

Multiple Choice

WHAT IS THE SIMPLE INTEREST ?

• ₹ 8100

• ₹ 81000

• ₹ 810

• ₹ 8300

Q2.

Sandeepbhau borrowed 120000 rupees from a bank for 6 years at the rate of 9 p.c.p.a. for his son’s education. What is the total amount he returned to the bank at the end of that period ?

Multiple Select

WHAT IS GIVEN IN THIS PARTICULAR SUM?

• TIME

• PRINCIPAL

• RATE OF INTERST

• ONLY TIME AND PRINCIPAL

• ONLY RATE OF INTEREST

Multiple Choice

HOW MUCH IS THE PRINCIPAL ?

• 12000

• 120000

• 1200

Multiple Choice

FOR HOW MANY YEARS DID HE BORROW MONEY FROM BANK?

• 6

• 8

• 7

Poll

WHAT IS EXPECTED TO FIND OUT ?

• SIMPLE INTEREST

• AMOUNT

WHAT IS AMOUNT?

Multiple Choice

WHAT IS THE FORMULA TO CALCULATE SIMPLE INTEREST ?

• P x R X T

  100

• P x R x T

• P + R + T

  100

Multiple Choice

WHAT IS THE INTEREST?

• 64880

• 68400

• 64800

• 86400

Multiple Choice

WHAT WILL BE THE FORMULA TO CALCULATE AMOUNT?

• SI - P

• SI+P

• SP/P

• SI x P

Multiple Choice

IF THE INTEREST RATE OF 7 % IS APPLIED ON 500000 WHAT WILL BE THE INTEREST AFTER 2 YEARS?

• 70000

• 7000

• 7700

• 77000

Multiple Choice

What is the simple interest if p= 306, r is 5.5 and t is 3 years?

• ₹ 504

• ₹ 5.49

• ₹50.49