EduSahara™ Assignment
Name : Simple Interest
Chapter : Simple Interest
Grade : ICSE Grade VII
License : Non Commercial Use
Question 1
1.
If principal is ₹16000.00, ROI is 8.00% p.a., no of year(s) is 4 and interest type is simple interest computed annually, then interest is
  • (i)
    ₹5118.00
  • (ii)
    ₹5122.00
  • (iii)
    ₹5121.00
  • (iv)
    ₹5119.00
  • (v)
    ₹5120.00
Question 2
2.
If principal is ₹16000.00, ROI is 7.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then amount is
  • (i)
    ₹19358.00
  • (ii)
    ₹19359.00
  • (iii)
    ₹19360.00
  • (iv)
    ₹19362.00
  • (v)
    ₹19361.00
Question 3
3.
If ROI is 6.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹2880.00 computed annually, then principal is
  • (i)
    ₹12001.00
  • (ii)
    ₹11998.00
  • (iii)
    ₹11999.00
  • (iv)
    ₹12000.00
  • (v)
    ₹12002.00
Question 4
4.
If ROI is 9.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹5760.00 computed annually, then amount is
  • (i)
    ₹21759.00
  • (ii)
    ₹21761.00
  • (iii)
    ₹21760.00
  • (iv)
    ₹21762.00
  • (v)
    ₹21758.00
Question 5
5.
If principal is ₹9000.00, no of year(s) is 4 and accumulated simple interest computed annually is ₹1080.00, then ROI per annum is
  • (i)
    1.00%
  • (ii)
    4.00%
  • (iii)
    3.00%
  • (iv)
    2.00%
  • (v)
    5.00%
Question 6
6.
If principal is ₹16000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹4320.00, then amount is
  • (i)
    ₹20320.00
  • (ii)
    ₹20322.00
  • (iii)
    ₹20321.00
  • (iv)
    ₹20318.00
  • (v)
    ₹20319.00
Question 7
7.
If principal is ₹17000.00, ROI is 10.00% p.a. and accumulated simple interest computed annually is ₹5100.00, then no of years is
  • (i)
    1
  • (ii)
    4
  • (iii)
    2
  • (iv)
    5
  • (v)
    3
Question 8
8.
If principal is ₹6000.00, ROI is 2.00% p.a. and accumulated simple interest computed annually is ₹240.00, then amount is
  • (i)
    ₹6238.00
  • (ii)
    ₹6240.00
  • (iii)
    ₹6242.00
  • (iv)
    ₹6239.00
  • (v)
    ₹6241.00
Question 9
9.
If principal is ₹6000.00 and simple interest amount is ₹6480.00 for 2 year(s) computed annually, then interest is
  • (i)
    ₹479.00
  • (ii)
    ₹478.00
  • (iii)
    ₹482.00
  • (iv)
    ₹481.00
  • (v)
    ₹480.00
Question 10
10.
If principal is ₹20000.00 and simple interest amount is ₹28000.00 for 4 year(s) computed annually, then ROI per annum is
  • (i)
    10.00%
  • (ii)
    9.00%
  • (iii)
    8.00%
  • (iv)
    11.00%
  • (v)
    12.00%
Question 11
11.
If the simple interest amount for a certain principal is ₹8400.00 for 4 year(s) at an ROI of 5.00% p.a. computed annually, then principal is
  • (i)
    ₹7002.00
  • (ii)
    ₹6998.00
  • (iii)
    ₹7000.00
  • (iv)
    ₹6999.00
  • (v)
    ₹7001.00
Question 12
12.
If the simple interest amount for a certain principal is ₹23400.00 for 3 year(s) at an ROI of 10.00% p.a. computed annually, then interest is
  • (i)
    ₹5401.00
  • (ii)
    ₹5400.00
  • (iii)
    ₹5398.00
  • (iv)
    ₹5399.00
  • (v)
    ₹5402.00
Question 13
13.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • (i)
    PTR

    100
  • (ii)
    P + T + R

    100
  • (iii)
    PT

    100 + R
  • (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

    R x T
  • (ii)
    100 x SI

    P x T
  • (iii)
    100 x SI

    P x R
  • (iv)
    PTR

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

    P x T
  • (ii)
    PTR

    100
  • (iii)
    100 x SI

    P x R
  • (iv)
    100 x SI

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

    P x R
  • (ii)
    PTR

    100
  • (iii)
    100 x SI

    P x T
  • (iv)
    100 x SI

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

    100
  • (ii)
    100 x SI

    P x T
  • (iii)
    100 x SI

    R x T
  • (iv)
    100 x SI

    P x R
    Assignment Key

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