Questions & Answers: "Simple Interest"
Complete guide to "Simple Interest" for Math students. Below you will find important questions and model answers to help you prepare.
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15 QuestionsSwarda deposited Rs. 25,000 in a bank at a rate of 8 p.c.p.a for 6 years. How much interest will she receive after 6 years?
Options
Rs. 12,000
Rs. 2,000
Rs. 1,500
Rs. 1,200
Yogesh received Rs. 72 and 5 paisa as interest on his deposits in bank. How will you write this in decimal form?
Options
Rs. 72.05
Rs. 72.5
Rs. 72.50
Rs. 72.005
Ramesh and Sudha deposited same amount at two different places. Ramesh got interest at 8 p.c.p.a. and Sudha got interest at 7.5 p.c.p.a. If Ramesh has got Rs. 500 more than Sudha, then find the amount that Ramesh had deposited.
Options
Rs. 100000
Rs. 50000
Rs. 7500
Rs. 150000
What will be the simple interest on the principal of Rs. 5000 at 7 p.c.p.a in 3 years?
Options
Rs. 10500
Rs. 105
Rs. 1500
Rs. 1050
What is the simple interest on ₹ 3000 at the rate of 10 p.c.p.a for 3 years?
Options
300
600
800
900
Sanjeev deposited certain amount at the rate 5 p.c.p.a. for 3 years in a bank. He received simple interest of ₹ 1500 after 3 years. How much amount (in ₹) did he deposit in the bank?
Options
11500
10000
4500
5000
In how many years the principle amount of Rs. 4,000 will get double at the rate of 10 % p.a. by simple interest?
Options
20
10
5
2
Harjeet took a loan of Rs. 20,000 from a bank at the rate of 7 p.c.p.a. for 3 years. How much simple interest will he have to pay to the bank?
Options
Rs. 4,200
Rs. 4,300
Rs. 4,380
Rs. 2,400
Rutuja gave Pranav Rs. 2500 on simple interest for 6 months at the rate of 8% p.a. How much interest will Pranav pay to Rutuja for 6 months ?
Options
Rs. 100
Rs. 500
Rs. 200
Rs. 600
What will be the rate of interest if Rs. 5000 fetch Rs. 1350 as simple interest after 3 years ?
Options
5 p.c.p.a.
8 p.c.p.a.
9 p.c.p.a.
7 p.c.p.a.
At a rate of 8 P.C.P.A, what will be the interest (in ₹) for 3 years on the principal ₹ 500?
Options
240
120
500
400
Rohit received an interest of ₹ 2520 at the rate 7 P.C.P.A after 3 years. Find out the principal for which he received this interest.
Options
15000 ₹
21000 ₹
1500 ₹
12000 ₹
Rahul lended ₹ 15000 to Subhash for 3 years at some rate. If Subhash gave Rahul an interest of ₹ 4500, then what was the rate of interest P.C.P.A ?
Options
10
15
9
8
What is the simple interest on ₹ 3500 at the rate 8 p.c.p.a. for 2 yrs?
Options
₹ 560
₹ 280
₹ 480
₹ 260
What will be the period, to get simple interest of Rs. 3750 on the principal Rs. 6000 at the rate of 12½ p.c.p.a.?
Options
5 yrs.
4 yrs.
3 yrs.
6 years.