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Simple Interest

The document contains a series of questions related to simple interest calculations, including determining interest earned, principal amounts, and interest rates over various time periods. It presents multiple-choice options for each question. The focus is on practical applications of simple interest formulas in different financial scenarios.

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17 views16 pages

Simple Interest

The document contains a series of questions related to simple interest calculations, including determining interest earned, principal amounts, and interest rates over various time periods. It presents multiple-choice options for each question. The focus is on practical applications of simple interest formulas in different financial scenarios.

Uploaded by

vivrwr
Copyright
© © All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
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SIMPLE INTEREST

SIMPLE INTEREST
SIMPLE INTEREST
SIMPLE INTEREST

In how many years a sum of Rs. 3000 will yield an interest


of Rs. 1080 at 12% per annum simple interest ?
4 years
3 years
5 years
6 years
SIMPLE INTEREST

How much simple interest will Rs. 4000 earn in 18 months


at 12% per annum ?
Rs. 216
Rs. 360
Rs. 720
Rs. 960
SIMPLE INTEREST

The simple interest on Rs. 36,000 for the period from 5th
January to 31st May, 2013 at 9.5% per annum is ?
Rs. 1,338
Rs. 1,425
Rs. 1,400
Rs. 1,368
SIMPLE INTEREST

Sahil took a loan for 6 years at the rate of 5% per annum on


Simple Interest, If the total interest paid was Rs. 1230, the
principal was
4100
4200
4300
4400
SIMPLE INTEREST
The rate of simple interest for which a sum of money
becomes 5 times of itself in 8 years is ?
30%
40%
50%
55%
SIMPLE INTEREST

A sum amounts to double in 8 years by simple interest.


Then the rate of simple interest per annum is ?
10%
12.5%
15%
20%
SIMPLE INTEREST

Peter invested an amount of Rs. 21250 for 6 years. If he


obtains a total sum of Rs. 26350 at the end of 6 years, then
find the rate of simple interest.

2%
5%
3%
4%
SIMPLE INTEREST

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
6%
7%
8%
9%
SIMPLE INTEREST

What sum will amount to 7000 in 5 years at 3 and 1/3 %


simple interest ?
6300
6500
6000
5000
SIMPLE INTEREST

The simple interest on a sum for 5 years is one fourth of the


sum. The rate of interest per annum is ?
5%
6%
4%
8%
SIMPLE INTEREST

The simple interest on a sum after 4 years is 1/5 of the sum.


The rate of interest per annum is ?

4%
5%
6%
8%
SIMPLE INTEREST The simple interest on Rs. 1200 for 8 months at 6
paise per rupee per month is
Rs. 676
Rs. 400
Rs. 576
Rs. 600
SIMPLE INTEREST
Find the S.I on Rs. 200 for 7 months at 5 paise per
rupee per month.
Rs. 67
Rs. 40
Rs. 57
Rs. 70

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