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 2 and interest type is simple interest computed annually, then interest is
(i)
₹801.00
(ii)
₹798.00
(iii)
₹800.00
(iv)
₹799.00
(v)
₹802.00
Question
2
2.
If principal is ₹18000.00, ROI is 7.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then amount is
(i)
₹20520.00
(ii)
₹20522.00
(iii)
₹20518.00
(iv)
₹20519.00
(v)
₹20521.00
Question
3
3.
If ROI is 9.00% p.a., no of year(s) is 2 and accumulated simple interest is ₹2340.00 computed annually, then principal is
(i)
₹13002.00
(ii)
₹13000.00
(iii)
₹12998.00
(iv)
₹13001.00
(v)
₹12999.00
Question
4
4.
If ROI is 2.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹600.00 computed annually, then amount is
(i)
₹10599.00
(ii)
₹10601.00
(iii)
₹10602.00
(iv)
₹10598.00
(v)
₹10600.00
Question
5
5.
If principal is ₹18000.00, no of year(s) is 4 and accumulated simple interest computed annually is ₹5040.00, then ROI per annum is
(i)
7.00%
(ii)
5.00%
(iii)
9.00%
(iv)
6.00%
(v)
8.00%
Question
6
6.
If principal is ₹7000.00, no of year(s) is 4 and accumulated simple interest computed annually is ₹1400.00, then amount is
(i)
₹8402.00
(ii)
₹8401.00
(iii)
₹8400.00
(iv)
₹8399.00
(v)
₹8398.00
Question
7
7.
If principal is ₹20000.00, ROI is 2.00% p.a. and accumulated simple interest computed annually is ₹1200.00, then no of years is
(i)
3
(ii)
1
(iii)
4
(iv)
5
(v)
2
Question
8
8.
If principal is ₹20000.00, ROI is 2.00% p.a. and accumulated simple interest computed annually is ₹2000.00, then amount is
(i)
₹22001.00
(ii)
₹21998.00
(iii)
₹22000.00
(iv)
₹21999.00
(v)
₹22002.00
Question
9
9.
If principal is ₹6000.00 and simple interest amount is ₹7200.00 for 4 year(s) computed annually, then interest is
(i)
₹1198.00
(ii)
₹1201.00
(iii)
₹1200.00
(iv)
₹1199.00
(v)
₹1202.00
Question
10
10.
If principal is ₹10000.00 and simple interest amount is ₹12400.00 for 3 year(s) computed annually, then ROI per annum is
(i)
7.00%
(ii)
6.00%
(iii)
9.00%
(iv)
10.00%
(v)
8.00%
Question
11
11.
If the simple interest amount for a certain principal is ₹7280.00 for 2 year(s) at an ROI of 2.00% p.a. computed annually, then principal is
(i)
₹6999.00
(ii)
₹7000.00
(iii)
₹7001.00
(iv)
₹6998.00
(v)
₹7002.00
Question
12
12.
If the simple interest amount for a certain principal is ₹8960.00 for 2 year(s) at an ROI of 6.00% p.a. computed annually, then interest is
(i)
₹959.00
(ii)
₹958.00
(iii)
₹962.00
(iv)
₹961.00
(v)
₹960.00
Question
13
13.
Find simple interest, if P = principal, T = time, R = rate percent per annum
(i)
100
PTR
(ii)
PT
100 + R
(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
P x R
(ii)
100 x SI
R x T
(iii)
PTR
100
(iv)
100 x SI
P x T
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
R x T
(iii)
100 x SI
P 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
P x T
(ii)
PTR
100
(iii)
100 x SI
P x R
(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)
100 x SI
P x R
(ii)
PTR
100
(iii)
100 x SI
P x T
(iv)
100 x SI
R x T
Question
18
18.
If the simple interest on a certain principal is ₹600.00 for 2 year(s) at ROI 5.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 4 year(s)?
(i)
₹1202.00
(ii)
₹1199.00
(iii)
₹1200.00
(iv)
₹1201.00
(v)
₹1198.00
Question
19
19.
If the simple interest on a certain principal is ₹720.00 for 3 year(s) at ROI 3.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 7.00% p.a. ROI?
(i)
₹1678.00
(ii)
₹1679.00
(iii)
₹1681.00
(iv)
₹1682.00
(v)
₹1680.00
Assignment Key
1) (iii)
2) (i)
3) (ii)
4) (v)
5) (i)
6) (iii)
7) (i)
8) (iii)
9) (iii)
10) (v)
11) (ii)
12) (v)
13) (iii)
14) (iii)
15) (ii)
16) (i)
17) (i)
18) (iii)
19) (v)
