Simple Interest

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Question 1

A sum amounts to Rs 1065 at simple interest rate of 7.5% per annum after 3 years. Find the sum.

  • A

    878.40

  • B

    869.38

  • C

    869.28

  • D

    783.20

Question 2

James deposits a sum of Rs 800 that will amount to Rs 920 in 3 years. However, the bank decides to increase the interest rate by 4%. What amount will he receive now?

  • A

    Rs 1015

  • B

    Rs 1016

  • C

    Rs 1025

  • D

    Rs 1102

Question 3

What will be the simple interest on Rs 70,000 at 50/3 % per annum after 9 months?

  • A

    Rs 8750

  • B

    Rs 8745

  • C

    Rs 8678

  • D

    Rs 8555

Question 4

Find out the simple interest if Harry invests an amount of Rs 15800 for 9 months at the rate of 25/4 % per annum. 

  • A

    Rs 740.54

  • B

    Rs 745.63

  • C

    Rs 742.63

  • D

    Rs 740.63

Question 5

After lending out an amount of Rs.9600 at a rate of 9/2 % per annum for a 1 year and 9 months, what was the S.I earned ? 

  • A

    677

  • B

    756

  • C

    765

  • D

    625

Question 6

Find the amount of S.I received by Ram after getting Rs.3360 at 25/4 % per annum for 9 months.

  • A

    156.5

  • B

    153.2

  • C

    168.5

  • D

    157.5

Question 7

Ram has an amount of Rs. 9000. How much time will it take to earn 1620 as S.I at a rate of 4.5% per annum?

  • A

    2 Years

  • B

    1 Years

  • C

    5 Years

  • D

    4 Years

Question 8

At what rate of SI, a sum of Rs.7000 amounts to Rs.7700 in 2 years?

  • A

    5.5%

  • B

    6.5%

  • C

    6%

  • D

    5%

Question 9

Find the simple interest on Rs.300 for 6 months at 10% per annum.

  • A

    20

  • B

    15

  • C

    17

  • D

    13

Question 10

A sum of Rs. 468.75 was lent out on simple interest. At the end of 5/3 years, the S.I earned is Rs. 31.25. Find the rate of interest per annum.

choose the correct option:

  • A

    5

  • B

    4

  • C

    4.25

  • D

    6

There are 15 questions to complete.

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