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Simple Interest Maths - Simple Interest

Maharashtra Board - STD 7 - Maths (MSBSHSE - Semi English Medium). 35 questions in this chapter.

Question types

Simple Interest question types

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

35
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.

Q 73 Mark Question3 Marks
Reema took a loan of Rs. 8000 from a money lender, who charged interest at the rate of 18% per annum. After 2 years, Reema paid him Rs. 10400 and wristwatch to clear the debt. What is the price of the watch?
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Q 12MCQ1 Mark
The simple interest on a certain sum is $\frac{16}{25}$ of the sum. If the rate percent per annum and the time are numerically equal, then the rate percent is:
  • ✓
    $8\%$
  • B
    $4\%$
  • C
    $6\%$
  • D
    $12\%$

Answer: A.

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Q 13MCQ1 Mark
The difference between the interest obtained for $Rs. 1000$ at $12\%$ per annum for $3$ years and that for $Rs. 1500$ at $8\%$ per annum for $1\frac{1}{2}$ years is:
  • A
    $Rs. 360$
  • B
    $Rs. 300$
  • ✓
    $Rs. 180$
  • D
    $Rs. 200$

Answer: C.

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Q 14MCQ1 Mark
If a sum of $Rs. 3000$ is lent out at $3 \%$ per annum for $20$ years under simple interest, then the amount at the end of $20^{th}$ year is:
  • A
    $Rs. 1800$
  • B
    $Rs. 1080$
  • C
    $Rs. 3600$
  • ✓
    $Rs. 4800$

Answer: D.

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Q 15MCQ1 Mark
At what rate percent per annum simple interest will a sum double itself in $10$ years?
  • A
    $8\%$
  • ✓
    $10\%$
  • C
    $12\%$
  • D
    $12\frac{1}{2}\%$

Answer: B.

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Q 16MCQ1 Mark
If interest on Rs. x for 2 years at $R \%$ per annum is Rs. 80, the interest on Rs. 2 x for one year at R\% per annum is:
  • A
    Rs. 160
  • B
    Rs. 40
  • ✓
    Rs. 80
  • D
    Rs. 120

Answer: C.

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Q 174 Mark Question4 Marks
Romesh borrowed Rs. 2000 at 2% per annum and Rs. 1000 at 5% per annum. He cleared his debt after 2 years by giving Rs. 2800 and a watch. What is the cost of the watch?
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Q 184 Mark Question4 Marks
Mr. Garg lent Rs. 15000 to his friend. He charged 15% per annum on Rs. 12500 and 18% on the rest. How much interest does he earn in 3 years?
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Q 194 Mark Question4 Marks
Rohit borowed Rs. 600000 from a bank at 9% per annum for 2 years. He lent this sum of money to Rohan at 10% per annum for 2 years. How much did Rohit earn from this transaction?
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Q 204 Mark Question4 Marks
Shikha deposited Rs. 2000 in a bank which pays 6% simple interest. She withdrew Rs. 700 at the end of first year. What will be her balance after 3 years?
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