Question types

Simple Interest question types

69 questions across 5 question groups — pick any mix to generate a Maths paper with step-by-step answer keys.

69
Questions
5
Question groups
5
Question types
Sample Questions

Simple Interest questions

One sample from each question group in this chapter. Select any group above to see the full set with answer keys.

Mark $(\checkmark)$ against the correct answer in the following: A borrows $Rs. 8000$ at $12\%$ per annum simple interest and $B$ borrows $Rs. 9100$ at $10\%$ per annum simple interest. In how many years will their amounts be equal$?$
  • A
    $18$ years
  • B
    $20$ years
  • $22$ years
  • D
    $24$ years

Answer: C.

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Mark $(\checkmark)$ against the correct answer in the following: A sum amounts to $Rs.3605$ in $219$ days at $5\%$ per annum. The sum is:
  • A
    $Rs. 3250$
  • $Rs. 3500$
  • C
    $Rs. 3400$
  • D
    $Rs. 3550$

Answer: B.

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Mark $(\checkmark)$ against the correct answer in the following: In what time will $Rs. 6000$ amount to $Rs. 6360$ at $8\%$ interest per annum simple interest$?$
  • $9\text{ months}$
  • B
    $\text{8 months}$
  • C
    $1\frac14\text{ years}$
  • D
    $1\frac12\text{ years}$

Answer: A.

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Mark $(\checkmark)$ against the correct answer in the following: The simple interest on $Rs. 6250$ at $4\%$ per annum for $6$ months is:
  • $Rs. 125$
  • B
    $Rs. 150$
  • C
    $Rs. 175$
  • D
    $Rs. 135$

Answer: A.

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Mark $(\checkmark)$ against the correct answer in the following: The simple interest on a sum for $5$ years is $\frac25$ of the sum. The rate percent per annum is:
  • A
    $10\%$
  • $8\%$
  • C
    $6\%$
  • D
    $12\frac12\%$

Answer: B.

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Write $‘T’$ for true and $‘F’$ for false for the following: Simple interest on $Rs. 1000$ at $5\%$ per annum for $73$ days is $Rs. 10$.
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Fill in the blanks: $AT$ simple interest a sum becomes $\frac65$ of itself in $2\frac12\text{ years.}$ The rate of interest is (......)% per annum.
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Find the time when: A sum of money lent at simple interest amounts to $Rs. 783$ in $2$ years and to $Rs. 837$ in $3$ years. Find the sum and the rate per cent per annum.
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Find the time when: If $Rs. 640$ amounts to $Rs. 768$ in $2$ years $6$ months. What will $Rs. 850$ amount to in $3$ years at the same rate per cent per annum?
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Find the time when: A sum of money invested at $8\%$ per annum amounts to $Rs. 12122$ in $2$ years. What will it amount to in $2$ years $8$ months at $9\%$ per annum?
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