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MONEY MATH (1)

Authored by Sneha Ann Varughese

Mathematics

8th Grade

CCSS covered

Used 10+ times

MONEY MATH (1)
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10 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

What is simple interest of Rs. 900 on 5% per annum for 4 years?

120

140

180

160

Tags

CCSS.7.RP.A.3

2.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

How many years will it take for amount of Rs. 1000 to yield 200 as interest at 10% per annum of simple interest.?

1 year

2 year

3 year

4 year

Tags

CCSS.7.RP.A.3

3.

MULTIPLE CHOICE QUESTION

1 min • 1 pt

A sum of Rs. 20000 amount gave Rs. 8000 as interest in 4 years. What is the rate of interest?

5%

8%

15%

10%

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A sum of money becomes Rs.5500 in 2 years and Rs. 6500 in 6 years at simple interest. Find the rate of interest.?

20%

10%

5%

15%

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A sum of money becomes four times in 20 years at simple interest. Find the rate of interest.

10%

20%

15%

25%

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A sum of Rs. 5500 is lent out in two parts in such a way that the interest on one part at 10% for 5 years is equal to that on another part at 20% for 3 years. Find the two sums.

4000,1500

5000,500

3000,2500

3500,2000

Tags

CCSS.8.EE.C.8C

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

What would be the compound interest obtained on an amount of Rs. 4800 at the rate of 10 % per annum for 2 years?

5808

1008

5800

1000

Tags

CCSS.7.RP.A.3

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