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ICSE Grade VII - Simple Interest
Question
1
1.
If principal is ₹10000.00 and simple interest amount is ₹11800.00 for 2 year(s) computed annually, then ROI per annum is
7.00%
8.00%
10.00%
9.00%
11.00%
Question
2
2.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
100 x SI
R x T
100 x SI
P x R
PTR
100
100 x SI
P x T
Question
3
3.
If principal is ₹5000.00 and simple interest amount is ₹5400.00 for 2 year(s) computed annually, then interest is
₹402.00
₹400.00
₹398.00
₹399.00
₹401.00
Question
4
4.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
PTR
100
100 x SI
R x T
100 x SI
P x R
100 x SI
P x T
Question
5
5.
If the simple interest amount for a certain principal is ₹10240.00 for 4 year(s) at an ROI of 7.00% p.a. computed annually, then principal is
₹8002.00
₹8000.00
₹7999.00
₹8001.00
₹7998.00
Question
6
6.
If the simple interest amount for a certain principal is ₹12650.00 for 5 year(s) at an ROI of 3.00% p.a. computed annually, then interest is
₹1652.00
₹1648.00
₹1650.00
₹1651.00
₹1649.00
Question
7
7.
Find simple interest, if P = principal, T = time, R = rate percent per annum
PTR
100
P + T + R
100
PT
100 + R
100
PTR
Question
8
8.
If principal is ₹14000.00, ROI is 9.00% p.a. and accumulated simple interest computed annually is ₹2520.00, then no of years is
3
4
2
5
1
Question
9
9.
If principal is ₹11000.00, ROI is 8.00% p.a., no of year(s) is 4 and interest type is simple interest computed annually, then amount is
₹14518.00
₹14521.00
₹14520.00
₹14519.00
₹14522.00
Question
10
10.
If principal is ₹11000.00, ROI is 8.00% p.a. and accumulated simple interest computed annually is ₹2640.00, then amount is
₹13639.00
₹13640.00
₹13642.00
₹13641.00
₹13638.00
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