EduSahara™ Assignment
Name : Simple Interest
Chapter : Ratio - Applications
Grade : SSC Grade VII
License : Non Commercial Use
Question 1
1.
If principal is ₹14000.00, ROI is 2.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then interest is
  • (i)
    ₹559.00
  • (ii)
    ₹561.00
  • (iii)
    ₹562.00
  • (iv)
    ₹560.00
  • (v)
    ₹558.00
Question 2
2.
If principal is ₹10000.00, ROI is 5.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then amount is
  • (i)
    ₹11498.00
  • (ii)
    ₹11499.00
  • (iii)
    ₹11502.00
  • (iv)
    ₹11500.00
  • (v)
    ₹11501.00
Question 3
3.
If ROI is 6.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹900.00 computed annually, then principal is
  • (i)
    ₹5002.00
  • (ii)
    ₹5001.00
  • (iii)
    ₹4999.00
  • (iv)
    ₹5000.00
  • (v)
    ₹4998.00
Question 4
4.
If ROI is 8.00% p.a., no of year(s) is 2 and accumulated simple interest is ₹1280.00 computed annually, then amount is
  • (i)
    ₹9281.00
  • (ii)
    ₹9279.00
  • (iii)
    ₹9282.00
  • (iv)
    ₹9280.00
  • (v)
    ₹9278.00
Question 5
5.
If principal is ₹13000.00, no of year(s) is 4 and accumulated simple interest computed annually is ₹4160.00, then ROI per annum is
  • (i)
    8.00%
  • (ii)
    10.00%
  • (iii)
    7.00%
  • (iv)
    9.00%
  • (v)
    6.00%
Question 6
6.
If principal is ₹12000.00, no of year(s) is 2 and accumulated simple interest computed annually is ₹720.00, then amount is
  • (i)
    ₹12722.00
  • (ii)
    ₹12720.00
  • (iii)
    ₹12718.00
  • (iv)
    ₹12719.00
  • (v)
    ₹12721.00
Question 7
7.
If principal is ₹9000.00, ROI is 7.00% p.a. and accumulated simple interest computed annually is ₹2520.00, then no of years is
  • (i)
    2
  • (ii)
    3
  • (iii)
    5
  • (iv)
    4
  • (v)
    6
Question 8
8.
If principal is ₹15000.00, ROI is 9.00% p.a. and accumulated simple interest computed annually is ₹2700.00, then amount is
  • (i)
    ₹17701.00
  • (ii)
    ₹17702.00
  • (iii)
    ₹17698.00
  • (iv)
    ₹17700.00
  • (v)
    ₹17699.00
Question 9
9.
If principal is ₹10000.00 and simple interest amount is ₹11200.00 for 4 year(s) computed annually, then ROI per annum is
  • (i)
    5.00%
  • (ii)
    4.00%
  • (iii)
    2.00%
  • (iv)
    1.00%
  • (v)
    3.00%
Question 10
10.
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 principal is
  • (i)
    ₹14001.00
  • (ii)
    ₹14000.00
  • (iii)
    ₹14002.00
  • (iv)
    ₹13999.00
  • (v)
    ₹13998.00
Question 11
11.
If the simple interest amount for a certain principal is ₹17550.00 for 5 year(s) at an ROI of 7.00% p.a. computed annually, then interest is
  • (i)
    ₹4550.00
  • (ii)
    ₹4552.00
  • (iii)
    ₹4551.00
  • (iv)
    ₹4548.00
  • (v)
    ₹4549.00
Question 12
12.
    • If the simple interest on a certain principal is ₹1440.00 for 4 year(s) at ROI 6.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 2 year(s)?
  • (i)
    ₹721.00
  • (ii)
    ₹722.00
  • (iii)
    ₹718.00
  • (iv)
    ₹719.00
  • (v)
    ₹720.00
Question 13
13.
    • If the simple interest on a certain principal is ₹4320.00 for 3 year(s) at ROI 9.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 7.00% p.a. ROI?
  • (i)
    ₹3360.00
  • (ii)
    ₹3362.00
  • (iii)
    ₹3359.00
  • (iv)
    ₹3358.00
  • (v)
    ₹3361.00
Question 14
14.
    • If the simple interest on a certain principal is ₹3400.00 for 5 year(s) at ROI 4.00% p.a. computed annually, then what is the simple interest for the same principal at 7.00% p.a. ROI and duration 4 year(s)?
  • (i)
    ₹4760.00
  • (ii)
    ₹4761.00
  • (iii)
    ₹4759.00
  • (iv)
    ₹4762.00
  • (v)
    ₹4758.00
Question 15
15.
    • 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 16
16.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find simple interest
  • (i)
    100 x SI

    P x T
  • (ii)
    PTR

    100
  • (iii)
    100 x SI

    R 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 principal
  • (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 18
18.
    • 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 19
19.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
  • (i)
    PTR

    100
  • (ii)
    100 x SI

    R x T
  • (iii)
    100 x SI

    P x R
  • (iv)
    100 x SI

    P x T
    Assignment Key

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