EduSahara™ Assignment
Name : Simple Interest
Chapter : Simple Interest
Grade : ICSE Grade VII
License : Non Commercial Use
Question 1
1.
If principal is ₹9000.00, ROI is 7.00% p.a., no of year(s) is 4 and interest type is simple interest computed annually, then interest is
  • (i)
    ₹2520.00
  • (ii)
    ₹2519.00
  • (iii)
    ₹2518.00
  • (iv)
    ₹2521.00
  • (v)
    ₹2522.00
Question 2
2.
If principal is ₹18000.00, ROI is 7.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then amount is
  • (i)
    ₹21782.00
  • (ii)
    ₹21781.00
  • (iii)
    ₹21778.00
  • (iv)
    ₹21779.00
  • (v)
    ₹21780.00
Question 3
3.
If ROI is 5.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹1400.00 computed annually, then principal is
  • (i)
    ₹7002.00
  • (ii)
    ₹6999.00
  • (iii)
    ₹7001.00
  • (iv)
    ₹6998.00
  • (v)
    ₹7000.00
Question 4
4.
If ROI is 2.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹800.00 computed annually, then amount is
  • (i)
    ₹10799.00
  • (ii)
    ₹10802.00
  • (iii)
    ₹10800.00
  • (iv)
    ₹10801.00
  • (v)
    ₹10798.00
Question 5
5.
If principal is ₹10000.00, no of year(s) is 5 and accumulated simple interest computed annually is ₹3500.00, then ROI per annum is
  • (i)
    8.00%
  • (ii)
    6.00%
  • (iii)
    7.00%
  • (iv)
    5.00%
  • (v)
    9.00%
Question 6
6.
If principal is ₹20000.00, no of year(s) is 2 and accumulated simple interest computed annually is ₹4000.00, then amount is
  • (i)
    ₹24002.00
  • (ii)
    ₹24001.00
  • (iii)
    ₹24000.00
  • (iv)
    ₹23999.00
  • (v)
    ₹23998.00
Question 7
7.
If principal is ₹12000.00, ROI is 2.00% p.a. and accumulated simple interest computed annually is ₹960.00, then no of years is
  • (i)
    3
  • (ii)
    2
  • (iii)
    4
  • (iv)
    5
  • (v)
    6
Question 8
8.
If principal is ₹13000.00, ROI is 9.00% p.a. and accumulated simple interest computed annually is ₹2340.00, then amount is
  • (i)
    ₹15339.00
  • (ii)
    ₹15341.00
  • (iii)
    ₹15342.00
  • (iv)
    ₹15338.00
  • (v)
    ₹15340.00
Question 9
9.
If principal is ₹17000.00 and simple interest amount is ₹19550.00 for 3 year(s) computed annually, then interest is
  • (i)
    ₹2549.00
  • (ii)
    ₹2551.00
  • (iii)
    ₹2548.00
  • (iv)
    ₹2552.00
  • (v)
    ₹2550.00
Question 10
10.
If principal is ₹9000.00 and simple interest amount is ₹10800.00 for 4 year(s) computed annually, then ROI per annum is
  • (i)
    3.00%
  • (ii)
    5.00%
  • (iii)
    7.00%
  • (iv)
    4.00%
  • (v)
    6.00%
Question 11
11.
If the simple interest amount for a certain principal is ₹18560.00 for 2 year(s) at an ROI of 8.00% p.a. computed annually, then principal is
  • (i)
    ₹16000.00
  • (ii)
    ₹16001.00
  • (iii)
    ₹15999.00
  • (iv)
    ₹15998.00
  • (v)
    ₹16002.00
Question 12
12.
If the simple interest amount for a certain principal is ₹23040.00 for 4 year(s) at an ROI of 7.00% p.a. computed annually, then interest is
  • (i)
    ₹5041.00
  • (ii)
    ₹5042.00
  • (iii)
    ₹5040.00
  • (iv)
    ₹5038.00
  • (v)
    ₹5039.00
Question 13
13.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • (i)
    PT

    100 + R
  • (ii)
    100

    PTR
  • (iii)
    PTR

    100
  • (iv)
    P + T + R

    100
Question 14
14.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find simple interest
  • (i)
    100 x SI

    R x T
  • (ii)
    PTR

    100
  • (iii)
    100 x SI

    P x T
  • (iv)
    100 x SI

    P x R
Question 15
15.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
  • (i)
    100 x SI

    R x T
  • (ii)
    100 x SI

    P x T
  • (iii)
    PTR

    100
  • (iv)
    100 x SI

    P x R
Question 16
16.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
  • (i)
    PTR

    100
  • (ii)
    100 x SI

    R x T
  • (iii)
    100 x SI

    P x T
  • (iv)
    100 x SI

    P x R
Question 17
17.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
  • (i)
    100 x SI

    P x T
  • (ii)
    100 x SI

    P x R
  • (iii)
    100 x SI

    R x T
  • (iv)
    PTR

    100
    Assignment Key

  •  1) (i)
  •  2) (v)
  •  3) (v)
  •  4) (iii)
  •  5) (iii)
  •  6) (iii)
  •  7) (iii)
  •  8) (v)
  •  9) (v)
  •  10) (ii)
  •  11) (i)
  •  12) (iii)
  •  13) (iii)
  •  14) (ii)
  •  15) (i)
  •  16) (iii)
  •  17) (ii)