Simple Interest
5 Questions
| Attempts: 533
Questions and Answers
- 1.
At the rate of 6% p.a. simple interest, a sum of Rs. 2500 will earn how much interest by the end of 5 years? (A) Rs. 150 (B) Rs. 700 (C) Rs. 750 (D) Rs. 3250
- A.
A
- B.
B
- C.
C
- D.
D
Correct Answer
C. C -
- 2.
A person borrowed Rs. 500 at the rate of 5% per annum S.I. What amount will he pay to clear the debt after 4 years? (A) Rs. 200 (B) Rs. 550 (C) Rs. 600 (D) Rs. 700
- A.
A
- B.
B
- C.
C
- D.
D
Correct Answer
C. C -
- 3.
In what time will Rs. 500 give Rs. 50 as interest at the rate of 5% p.a. S.I.? (A) 2 years (B) 2 1/2 years (C) 3 years (D) 4 years
- A.
A
- B.
B
- C.
C
- D.
D
Correct Answer
A. A -
- 4.
Ashok took a loan for 6 years at the rate of 5% p.a. simple interest. If the total interest paid was Rs. 1230, the principal was..? (A) Rs. 4100 (B) Rs. 4920 (C) Rs. 5000 (D) Rs. 5300
- A.
A
- B.
B
- C.
C
- D.
D
Correct Answer
A. A -
- 5.
If Rs. 64 amount to Rs. 83.20 in 2 years, what will Rs. 86 amount to in 4 years at the same rate percet per annum? (A) Rs. 127.40 (B) Rs. 124.70 (C) Rs. 114.80 (D) Rs. 137.60
- A.
A
- B.
B
- C.
C
- D.
D
Correct Answer
D. D -
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Mar 20, 2022Quiz Edited by
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Sep 01, 2011Quiz Created by
Pradipinn
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