Simple Interest Questions Practice Question and Answer
8Q: In what time will the simple interest be $${2\over 5}$$ of the principle at 8 percent per annum ? 932 05cfe008bbc9a366f2932575f
5cfe008bbc9a366f2932575f- 18 yearsfalse
- 27 yearsfalse
- 35 yearstrue
- 46 yearsfalse
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Answer : 3. "5 years"
Q: At what rate percent per annum will the simple interest on a sum of money be $${2\over 5}$$ of the principal amount in 10 years? 1074 05cfdff59bc9a366f2932575a
5cfdff59bc9a366f2932575a- 14%true
- 26%false
- 3$$5{2\over3}\%$$false
- 4$$6{2\over3}\%$$false
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Answer : 1. "4%"
Q: A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 year and 3 months. The rate of interest per annum is : 2301 05cfdfc5bbc9a366f2932574d
5cfdfc5bbc9a366f2932574d- 1$$5{1\over2}\%$$false
- 28%false
- 37%true
- 46%false
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Answer : 3. "7%"
Q: What would be the simple interest obtained on an amount of `6,535 at the rate of 10 % p.a. (percent per annum) after 6 years?
164 0639c8e074eaee21296c28ae4
639c8e074eaee21296c28ae4- 13414false
- 23921true
- 33807false
- 43149false
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Answer : 2. "3921"
Q: At what rate of simple interest will a sum of money double in 8 years?
379 0630ded7b4e3bf85cbe748c56
630ded7b4e3bf85cbe748c56- 116%false
- 214%false
- 312.5%true
- 48%false
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Answer : 3. "12.5%"
Q: Rinky borrowed a certain sum of money from Kajal under the following repayment scheme based on simple interest. 8% p.a. for the initial 2 years, 9.5% p.a. for the next 4 years, 11% p.a. for the next 2 years, 12% p.a. after the first 8 years. Find the amount which a sum of Rs. 9000 taken for 12 years becomes at the end of 12 years?
284 0630db3237c72c077845b7f7e
630db3237c72c077845b7f7e- 1Rs. 23470false
- 2Rs. 24567false
- 3Rs. 20160true
- 4Rs. 22350false
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Answer : 3. "Rs. 20160"
Q: A property fetches a net annual income of ₹1000 deducting all outgoings. The capitalized value of the property for the rate of interest 6% will be (in ₹) -
285 062ff7acffef7996822ddfa7c
62ff7acffef7996822ddfa7c- 1₹16667.00true
- 2₹15003.00false
- 3₹18000.00false
- 4None of the abovefalse
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Answer : 1. "₹16667.00"
Q: The simple interest on a sum for 5 years is one fourth of the sum. The rate of interest per annum is
274 062fb5e9839a8157d97182f6f
62fb5e9839a8157d97182f6f- 15%false
- 26%true
- 34%false
- 48%false
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