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SIMPLE AND COMPOUND INTREST CLASS-8

Authored by vardaan khanna

Mathematics

8th Grade

CCSS covered

Used 119+ times

SIMPLE AND COMPOUND INTREST CLASS-8
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10 questions

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1.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually

Rs 312

Rs 412

Rs 512

Rs 612

Tags

CCSS.HSF.BF.A.2

2.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quarterly

Rs 2520

Rs 2521

Rs 2522

Rs 2523

3.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

A man took a loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 as interest. Find the principal amount borrowed by him.

Rs 12000

Rs 20000

Rs 15000

Rs 10500

Tags

CCSS.7.RP.A.3

4.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Vani deposited Rs. 10000 in a savings bank account. The bank paid simple interest at the rate of 11% p.a. How much interest did her money earn in 9 months?                          

Rs 750

Rs 675

Rs 825

Tags

CCSS.7.RP.A.3

5.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

At what rate of simple interest will Rs. 7800 earn Rs. 260 in 8 months

2%

5%

4%

3%

Tags

CCSS.7.RP.A.3

6.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Mohan borrowed Rs. 30000 for 3 years. He paid simple interest at the rate of 12 % p.a. How much interest did he pay?         

A)  Rs. 10800         

B)    Rs. 16200      

  

 C)    Rs. 12400      

D)    Rs. 13326    

Tags

CCSS.7.RP.A.3

7.

MULTIPLE CHOICE QUESTION

20 sec • 1 pt

Murali borrowed Rs. 6750 for a period of 219 days. He was charge simple interest at the rate of 4.5% p.a. How much interest did he pay?

Rs. 195.75     

  Rs. 140.50     

Rs. 182.25     

Rs.200.25                 

Tags

CCSS.7.RP.A.3

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