Practice mode / Simple Interest A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is: A Option A: Rs. 650 B Option B: Rs. 690 C Option C: Rs. 698 D Option D: Rs. 700 Correct answer C. Rs. 698 Show answer Report a problem How we write and check questions
Question 01 / Simple Interest A sum doubles in 10 years at simple interest. Rs. 5,000 is invested at this rate, and after 4 years the rate is raised by 5% per annum. What is the amount at the end of 10 years? A Option A: Rs. 12,500 B Option B: Rs. 11,000 C Option C: Rs. 11,500 D Option D: Rs. 10,000 Correct answer C. Rs. 11,500 Show answer Open question
Question 02 / Simple Interest Out of Rs. 30,000, one-third is invested at 6%, one-half at 8% and the rest at 10% per annum simple interest. What is the total yearly interest? A Option A: Rs. 2,000 B Option B: Rs. 2,400 C Option C: Rs. 2,300 D Option D: Rs. 2,550 Correct answer C. Rs. 2,300 Show answer Open question
Question 03 / Simple Interest What is the simple interest on Rs. 18,250 at 8% per annum for 146 days? A Option A: Rs. 584 B Option B: Rs. 600 C Option C: Rs. 576 D Option D: Rs. 1,460 Correct answer A. Rs. 584 Show answer Open question
Question 04 / Simple Interest When the simple interest rate on a deposit falls from 9% to 7.5% per annum, the depositor’s yearly income falls by Rs. 180. What is the deposit? A Option A: Rs. 10,800 B Option B: Rs. 12,000 C Option C: Rs. 2,400 D Option D: Rs. 18,000 Correct answer B. Rs. 12,000 Show answer Open question
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