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 5.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then interest is
  • (i)
    ₹1349.00
  • (ii)
    ₹1350.00
  • (iii)
    ₹1352.00
  • (iv)
    ₹1348.00
  • (v)
    ₹1351.00
Question 2
2.
If principal is ₹6000.00, ROI is 2.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then amount is
  • (i)
    ₹6599.00
  • (ii)
    ₹6602.00
  • (iii)
    ₹6601.00
  • (iv)
    ₹6600.00
  • (v)
    ₹6598.00
Question 3
3.
If ROI is 7.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹4200.00 computed annually, then principal is
  • (i)
    ₹12001.00
  • (ii)
    ₹12000.00
  • (iii)
    ₹12002.00
  • (iv)
    ₹11999.00
  • (v)
    ₹11998.00
Question 4
4.
If ROI is 10.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹9000.00 computed annually, then amount is
  • (i)
    ₹27000.00
  • (ii)
    ₹26999.00
  • (iii)
    ₹26998.00
  • (iv)
    ₹27002.00
  • (v)
    ₹27001.00
Question 5
5.
If principal is ₹17000.00, no of year(s) is 2 and accumulated simple interest computed annually is ₹680.00, then ROI per annum is
  • (i)
    2.00%
  • (ii)
    1.00%
  • (iii)
    0.00%
  • (iv)
    3.00%
  • (v)
    4.00%
Question 6
6.
If principal is ₹12000.00, no of year(s) is 2 and accumulated simple interest computed annually is ₹960.00, then amount is
  • (i)
    ₹12960.00
  • (ii)
    ₹12962.00
  • (iii)
    ₹12959.00
  • (iv)
    ₹12958.00
  • (v)
    ₹12961.00
Question 7
7.
If principal is ₹7000.00, ROI is 10.00% p.a. and accumulated simple interest computed annually is ₹2100.00, then no of years is
  • (i)
    2
  • (ii)
    5
  • (iii)
    3
  • (iv)
    1
  • (v)
    4
Question 8
8.
If principal is ₹8000.00, ROI is 8.00% p.a. and accumulated simple interest computed annually is ₹3200.00, then amount is
  • (i)
    ₹11199.00
  • (ii)
    ₹11198.00
  • (iii)
    ₹11202.00
  • (iv)
    ₹11201.00
  • (v)
    ₹11200.00
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)
    ₹2550.00
  • (iii)
    ₹2552.00
  • (iv)
    ₹2551.00
  • (v)
    ₹2548.00
Question 10
10.
If principal is ₹9000.00 and simple interest amount is ₹9900.00 for 2 year(s) computed annually, then ROI per annum is
  • (i)
    3.00%
  • (ii)
    4.00%
  • (iii)
    6.00%
  • (iv)
    5.00%
  • (v)
    7.00%
Question 11
11.
If the simple interest amount for a certain principal is ₹5300.00 for 3 year(s) at an ROI of 2.00% p.a. computed annually, then principal is
  • (i)
    ₹4999.00
  • (ii)
    ₹5002.00
  • (iii)
    ₹4998.00
  • (iv)
    ₹5000.00
  • (v)
    ₹5001.00
Question 12
12.
If the simple interest amount for a certain principal is ₹16940.00 for 3 year(s) at an ROI of 7.00% p.a. computed annually, then interest is
  • (i)
    ₹2942.00
  • (ii)
    ₹2940.00
  • (iii)
    ₹2941.00
  • (iv)
    ₹2939.00
  • (v)
    ₹2938.00
Question 13
13.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • (i)
    PT

    100 + R
  • (ii)
    P + T + R

    100
  • (iii)
    PTR

    100
  • (iv)
    100

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

    P x R
  • (ii)
    100 x SI

    R x T
  • (iii)
    100 x SI

    P x T
  • (iv)
    PTR

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

    100
  • (ii)
    100 x SI

    R x T
  • (iii)
    100 x SI

    P x R
  • (iv)
    100 x SI

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

    R x T
  • (ii)
    100 x SI

    P x R
  • (iii)
    PTR

    100
  • (iv)
    100 x SI

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

    R x T
  • (ii)
    PTR

    100
  • (iii)
    100 x SI

    P x R
  • (iv)
    100 x SI

    P x T
    Assignment Key

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