Simple Interest- 1

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Created by Akshay Singh

Maths - Lesson Based MockTest

SIMPLE INTEREST-1

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1) What principal will yeild ₹ 120 as SI at 6% per annum in 10 yr?

A) ₹ 800

B) ₹ 700

C) ₹ 200

D) ₹ 1000

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2) In how many years will ₹ 7500 double at 8% simple interest?

A) 11

B) 10

C) 12

D) 12.5

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3) Find the SI on₹ 16000 for 3 yr 3 months at 4 1 2 % per annum.

A) ₹ 1800

B) None of these

C) ₹ 2340

D) ₹ 5200

d

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4) On what sum of money will the SI for 7 yr 6 months at 5% per annum be ₹ 450?

A) ₹ 11000

B) ₹ 12000

C) ₹ 1200

D) ₹ 13000

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5) If the simple interest on ₹ 500 for 2 yr at a certain rate is ₹ 100, then what is the interest for 5 yr on the same amount at the same rate?

A) ₹ 150

B) ₹ 250

C) ₹ 300

D) ₹ 110

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6) The SI on the certain sum of money for 2 yr at 8% per annum is ₹ 2560. What is the sum?

A) ₹ 13000

B) None of these

C) ₹ 15000

D) ₹ 16000

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7) What is the simple interest on ₹ 8000 for 7 yr at the rate of 8% per annum?

A) ₹ 150

B) ₹ 4480

C) ₹ 100

D) ₹ 125

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8) A person took a loan of ₹ 4000 for 2 yr on the simple interest at 16% per annum. What amount he had to pay back at the end of 2 yr?

A) ₹ 4080

B) ₹ 4600

C) ₹ 4640

D) ₹ 5280

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9) At what rate per cent per annum will the SI on ₹ 2500 be ₹ 750 for 3 yr?

A) None of these

B) 20

C) 10

D) 15

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10) In what time will the SI on ₹ 4000 at 7.5% be ₹ 1050?

A) 7/2 yr

B) 5/2 yr

C) None of these

D) 11/2 yr

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11) At 25% per annum interest in how many years the simple interest on a sum of money triple itself?

A) 12

B) 10

C) 6

D) 4

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12) Gita deposited ₹ 400 in a bank and at the end of 5 yr received ₹ 80 an interest. What is the rate?

A) 4%

B) 3%

C) 5%

D) 2%

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13) What will be the rate of simple interest, at which ₹ 17500 will become ₹ 19250 in 2 yr?

A) 5%

B) 10%

C) 15/2%

D) 25/2%

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14) . In how many years will interest on ₹ 3000 at 5% per annum be ₹ 600?

A) 1.5 yr

B) 9/2 yr

C) 6 yr

D) 4 yr

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15) A man borrow ₹ 20000 for the house maintenance which is given by him in 2 yr at 10% per annum. What is the total amount paid by him after 2 yr?

A) ₹ 24000

B) ₹ 21000

C) ₹ 22000

D) ₹ 4000

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16) The simple interest on ₹ 300 at the rate of 6% fer annum in 5/2 yr will be

A) ₹ 45

B) ₹ 18

C) ₹ 40

D) ₹ 36

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17) A sum amounted to ₹ 2486 with the interest of 13% per annum, then what is the sum?

A) ₹ 2200

B) ₹ 2000

C) ₹ 2300

D) ₹ 2150

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18) Find the SI on ₹ 12000for 8 yr 4 months at 3% per annum?

A) ₹ 3000

B) ₹ 15000

C) None of these

D) ₹ 2000

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19) Mr. Sharma takes loan of ₹ 25000 and repays an amount of ₹ 31000 at the end of 2 yr. What is the rate of simple interest at which he repays the loan?

A) 12% per annum

B) 6% per annum

C) 9% per annum

D) 8% per annum

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20) Find the simple interest of ₹ 700 at 4% per year for 3 yr.

A) ₹ 15

B) ₹ 36

C) ₹ 54

D) ₹ 84

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