Simple Interest

Simple Interest

Professional Development

16 Qs

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Simple Interest

Simple Interest

Assessment

Quiz

Mathematics

Professional Development

Practice Problem

Hard

Created by

Thirumoorthy Rathinakumar

Used 2+ times

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16 questions

Show all answers

1.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A sum of Rs 12,500 amounts to Rs. 15,500 in the 4 years at the rate of simple interest. Find the rate percent

3%

4%

5%

6%

2.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt


Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will Rs. 800 become in 3 years.

952

752

1052

156

3.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

In how many years Rs 150 will produce the same interest at 8% as Rs. 800 produce in 3 years at 9/2%

9

7

5

8

4.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

A sum of money amounts to Rs 9800 after 5 years and Rs 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is

5%

8%

12%

15%

5.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

The rate of interest for the first 2 years is 4% per annum, for the next 3 years is 7.5% per annum and for the period beyond 5 years 12.5% per annum. If a man gets Rs 1075 as a simple interest for 6 years, how much money did he deposit?

2500

3000

3500

4000

6.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt


Satish took a loan at 10% p.a. S.I. After 4 years, he returned the principal along with the interest. If he returns in all Rs. 3500, what is the principal amount?

2500

3000

3500

4000

7.

MULTIPLE CHOICE QUESTION

2 mins • 1 pt

Find the simple interest on Rs 7000 at 50/3 % for 9 months

765

830

735

875

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