EduSahara™ Assignment
Name : Simple Interest
Chapter : Simple Interest
Grade : ICSE Grade VIII
License : Non Commercial Use
Question 1
1.
If principal is ₹5000.00, ROI is 8.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then interest is
  • (i)
    ₹2001.00
  • (ii)
    ₹2000.00
  • (iii)
    ₹1998.00
  • (iv)
    ₹1999.00
  • (v)
    ₹2002.00
Question 2
2.
If principal is ₹13000.00, ROI is 6.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then amount is
  • (i)
    ₹14561.00
  • (ii)
    ₹14560.00
  • (iii)
    ₹14558.00
  • (iv)
    ₹14562.00
  • (v)
    ₹14559.00
Question 3
3.
If ROI is 9.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹2250.00 computed annually, then principal is
  • (i)
    ₹5000.00
  • (ii)
    ₹4999.00
  • (iii)
    ₹5002.00
  • (iv)
    ₹5001.00
  • (v)
    ₹4998.00
Question 4
4.
If ROI is 8.00% p.a., no of year(s) is 2 and accumulated simple interest is ₹1920.00 computed annually, then amount is
  • (i)
    ₹13918.00
  • (ii)
    ₹13919.00
  • (iii)
    ₹13920.00
  • (iv)
    ₹13922.00
  • (v)
    ₹13921.00
Question 5
5.
If principal is ₹11000.00, no of year(s) is 4 and accumulated simple interest computed annually is ₹2640.00, then ROI per annum is
  • (i)
    4.00%
  • (ii)
    7.00%
  • (iii)
    6.00%
  • (iv)
    8.00%
  • (v)
    5.00%
Question 6
6.
If principal is ₹8000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹1200.00, then amount is
  • (i)
    ₹9199.00
  • (ii)
    ₹9198.00
  • (iii)
    ₹9200.00
  • (iv)
    ₹9201.00
  • (v)
    ₹9202.00
Question 7
7.
If principal is ₹8000.00, ROI is 2.00% p.a. and accumulated simple interest computed annually is ₹640.00, then no of years is
  • (i)
    4
  • (ii)
    3
  • (iii)
    5
  • (iv)
    6
  • (v)
    2
Question 8
8.
If principal is ₹18000.00, ROI is 7.00% p.a. and accumulated simple interest computed annually is ₹3780.00, then amount is
  • (i)
    ₹21779.00
  • (ii)
    ₹21781.00
  • (iii)
    ₹21778.00
  • (iv)
    ₹21782.00
  • (v)
    ₹21780.00
Question 9
9.
If principal is ₹8000.00 and simple interest amount is ₹8320.00 for 2 year(s) computed annually, then interest is
  • (i)
    ₹320.00
  • (ii)
    ₹319.00
  • (iii)
    ₹322.00
  • (iv)
    ₹318.00
  • (v)
    ₹321.00
Question 10
10.
If principal is ₹17000.00 and simple interest amount is ₹18360.00 for 2 year(s) computed annually, then ROI per annum is
  • (i)
    2.00%
  • (ii)
    5.00%
  • (iii)
    6.00%
  • (iv)
    3.00%
  • (v)
    4.00%
Question 11
11.
If the simple interest amount for a certain principal is ₹24650.00 for 5 year(s) at an ROI of 9.00% p.a. computed annually, then principal is
  • (i)
    ₹17002.00
  • (ii)
    ₹16998.00
  • (iii)
    ₹17000.00
  • (iv)
    ₹16999.00
  • (v)
    ₹17001.00
Question 12
12.
If the simple interest amount for a certain principal is ₹8480.00 for 3 year(s) at an ROI of 2.00% p.a. computed annually, then interest is
  • (i)
    ₹479.00
  • (ii)
    ₹480.00
  • (iii)
    ₹481.00
  • (iv)
    ₹478.00
  • (v)
    ₹482.00
Question 13
13.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • (i)
    100

    PTR
  • (ii)
    PTR

    100
  • (iii)
    P + T + R

    100
  • (iv)
    PT

    100 + R
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

    P x R
  • (ii)
    100 x SI

    P x T
  • (iii)
    100 x SI

    R x T
  • (iv)
    PTR

    100
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)
    100 x SI

    P x T
  • (iv)
    PTR

    100
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

    P x R
  • (iv)
    100 x SI

    R x T
Question 18
18.
    • If the simple interest on a certain principal is ₹960.00 for 3 year(s) at ROI 2.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 5 year(s)?
  • (i)
    ₹1602.00
  • (ii)
    ₹1600.00
  • (iii)
    ₹1598.00
  • (iv)
    ₹1601.00
  • (v)
    ₹1599.00
Question 19
19.
    • If the simple interest on a certain principal is ₹2850.00 for 5 year(s) at ROI 3.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 8.00% p.a. ROI?
  • (i)
    ₹7601.00
  • (ii)
    ₹7602.00
  • (iii)
    ₹7600.00
  • (iv)
    ₹7599.00
  • (v)
    ₹7598.00
    Assignment Key

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