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MATHS MCQ

Simple Interest · ICSE STD 7 (ICSE - English Medium). 13 questions.

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13 questions · timed · auto-graded

MCQ 11 Mark
At simple interest a sum becomes $\frac{7}{4}$ of itself in 5 years. The rate of interest is
  • A
    $10 \%$ p.a.
  • B
    $12 \%$ p.a.
  • C
    $12 \frac{1}{2} \%$ p.a.
  • ✓
    $15 \%$ p.a.
Answer
Correct option: D.
$15 \%$ p.a.
D
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MCQ 21 Mark
At what rate per cent per annum simple interest will a sum be double of itself in 8 years?
  • A
    $10 \%$
  • ✓
    $12 \frac{1}{2} \%$
  • C
    $15 \%$
  • D
    $17 \frac{1}{2} \%$
Answer
Correct option: B.
$12 \frac{1}{2} \%$
B
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MCQ 31 Mark
In how many years will ₹ 900 give ₹ 351 as simple interest at 13% p.a.?
  • A
    $1 \frac{1}{2}$ years
  • B
    2 years
  • C
    $2 \frac{1}{2}$ years
  • ✓
    3 years
Answer
Correct option: D.
3 years
D
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MCQ 41 Mark
At what rate, ₹ 800 gives ₹ 208 as simple interest in 2 years?
  • A
    $11 \%$
  • B
    $12 \%$
  • ✓
    $13 \%$
  • D
    $14 \%$
Answer
Correct option: C.
$13 \%$
C
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MCQ 51 Mark
If the principal is ₹600, then the amount to be paid at the end of 3 years at $7 \frac{1}{2} \%$ p.a. simple interest will be
  • ✓
    ₹ 735
  • B
    ₹ 750
  • C
    ₹ 775
  • D
    ₹ 785
Answer
Correct option: A.
₹ 735
A
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MCQ 61 Mark
Which of the following statements is incorrect?
  • A
    $T =\frac{100 \times S . I \text {. }}{ P \times R }$
  • ✓
    $R =\frac{ P \times T }{100 \times \text { S.I. }}$
  • C
    S.I. $=\frac{ P \times R \times T }{100}$
  • D
    $P =\frac{100 \times S . I \text {. }}{ R \times T }$
Answer
Correct option: B.
$R =\frac{ P \times T }{100 \times \text { S.I. }}$
B
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MCQ 71 Mark
The simple interest on ₹32,000 at 8.5% per annum for the period from 10th February 2019, to 24th April, 2019 is:
  • ✓
    ₹ 544
  • B
    ₹ 604
  • C
    ₹ 615
  • D
    ₹ 644
Answer
Correct option: A.
₹ 544
A
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MCQ 81 Mark
The simple interest on a sum for 6 years is ₹ 29,250. The rate of interest for the first 2 years is 7% per annum and for the next 4 years is 16% per annum. The sum is:
  • A
    ₹ 32,210
  • B
    ₹ 36,815
  • ✓
    ₹ 37,500
  • D
    ₹ 38,200
Answer
Correct option: C.
₹ 37,500
C
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MCQ 91 Mark
A certain sum of money at simple interest doubles in 10 years. In how many years, at the same simple interest, will it be tripled?
  • A
    15 years
  • B
    18 years
  • ✓
    20 years
  • D
    24 years
Answer
Correct option: C.
20 years
C
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MCQ 101 Mark
A sum of money is lent at simple interest. If the money gets doubled in 5 years, then the rate of interest is:
  • ✓
    20% pa
  • B
    25% pa
  • C
    15% pa
  • D
    22% pa
Answer
Correct option: A.
20% pa
A
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MCQ 111 Mark
Ameesha took a loan of ₹ 1200 with simple interest for as many years as the rate of interest. If she paid ₹432 as interest at the end of the loan period, what was the time?
  • A
    3.6 years
  • ✓
    6 years
  • C
    18 years
  • D
    Cannot be determined
Answer
Correct option: B.
6 years
B
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MCQ 121 Mark
A farmer borrowed ₹ 5500 at 8% per annum. After 5 years, he cleared the account by giving ₹ 6000 and a cow. The cost of the cow is :
  • A
    ₹ 2100
  • B
    ₹ 1900
  • ✓
    ₹ 1700
  • D
    ₹ 1500
Answer
Correct option: C.
₹ 1700
C
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MCQ 131 Mark
The simple interest on a sum of money is $\frac{4}{9}$ of the principal. Find the rate per cent, if time, and rate per cent are numerically equal.
  • A
    $5 \frac{2}{3} \%$
  • B
    $7 \frac{2}{3} \%$
  • ✓
    $6 \frac{2}{3} \%$
  • D
    $6 \frac{2}{3} \%$
Answer
Correct option: C.
$6 \frac{2}{3} \%$
C
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