Simple Interest

Question 1

A sum amounts to Rs 1065 at simple interest rate of 7.5% per annum after 3 years. Find the sum.

• 878.40

• 869.38

• 869.28

• 783.20

Question 2

James deposits a sum of Rs 800 that will amount to Rs 920 in 3 years. However, the bank decides to increase the interest rate by 4%. What amount will he receive now?

• Rs 1015

• Rs 1016

• Rs 1025

• Rs 1102

Question 3

What will be the simple interest on Rs 70,000 at 50/3 % per annum after 9 months?

• Rs 8750
• Rs 8745
• Rs 8678
• Rs 8555

Question 4

Find out the simple interest if Harry invests an amount of Rs 15800 for 9 months at the rate of 25/4 % per annum. 

• Rs 740.54

• Rs 745.63

• Rs 742.63

• Rs 740.63

Question 5

After lending out an amount of Rs.9600 at a rate of 9/2 % per annum for a 1 year and 9 months, what was the S.I earned ? 

• 677

• 756

• 765

• 625

Question 6

Find the amount of S.I received by Ram after getting Rs.3360 at 25/4 % per annum for 9 months.

• 156.5

• 153.2

• 168.5

• 157.5

Question 7

Ram has an amount of Rs. 9000. How much time will it take to earn 1620 as S.I at a rate of 4.5% per annum?

• 2
• 1
• 5
• 4

Question 8

At what rate of SI, a sum of Rs.7000 amounts to Rs.7700 in 2 years?

• 5.5%
• 6.5%
• 6%
• 5%

Question 9

Find the simple interest on Rs.300 for 6 months at 10% per annum.

• 20
• 15
• 17
• 13

Question 10

• 5
• 4
• 4.25
• 6