SIMPLE INTREST , RATE , TIME , AMOUNT AND PRINCIPAL

What is principal

• Time we get to use money

• The rate of intrest

• The money which is taken by people to use .

• Noner of these

Find the simple intrest if

Principal = 10,000

Rate = 2%

Time = 5 years

• 990

• 100

• 500

• 1000

Principal = ?

Rate = 3%

Time = 3 yrs

Simple Intrest = 990

The time for which we use the given money is called ---------------

At what rate per cent annum simple interest will a sum double itself in 10 years?

• 8%

• 10%

• 12%

• $12\ \frac{1}{2}$ %

A sum of money lent at simple interest amounts to Rs 783 in 2 years and to Rs 837 in 3 years. Find the sum and the rate per cent per annum.

• 11%

• 10%

• 9%

• 8%

What is the formula for calculating principal, if time, rate of interest and simple interest is given?

Hari borrowed Rs 12600 from a moneylender at 15% per annum simple interest. After 3 years, he paid Rs 7070 and gave a goat to clear off the debt. What is the cost of the goat?

• Rs. 57998

• Rs. 11201

• Rs. 11200

• Rs. 62572

Calculate the interest.  I = PRT,
Principal = $10000,
Rate = 7%,
Time = 20 years

• 1400
• 1000
• 14000
• 14

When you convert the interest rate of 3.5% into a decimal, you would get?

• 3.5

• 350

• .35

• .035