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ICSE Grade VII - Simple Interest
Question
1
1.
If ROI is 9.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹1620.00 computed annually, then principal is
₹6000.00
₹5998.00
₹6002.00
₹5999.00
₹6001.00
Question
2
2.
If principal is ₹11000.00, ROI is 7.00% p.a. and accumulated simple interest computed annually is ₹3080.00, then no of years is
3
6
4
5
2
Question
3
3.
If principal is ₹15000.00, ROI is 8.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then amount is
₹17400.00
₹17402.00
₹17399.00
₹17398.00
₹17401.00
Question
4
4.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find simple interest
100 x SI
R x T
PTR
100
100 x SI
P x T
100 x SI
P x R
Question
5
5.
If principal is ₹5000.00 and simple interest amount is ₹5450.00 for 3 year(s) computed annually, then interest is
₹449.00
₹450.00
₹448.00
₹452.00
₹451.00
Question
6
6.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
100 x SI
P x T
PTR
100
100 x SI
R x T
100 x SI
P x R
Question
7
7.
Find simple interest, if P = principal, T = time, R = rate percent per annum
100
PTR
PT
100 + R
PTR
100
P + T + R
100
Question
8
8.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
100 x SI
P x R
100 x SI
P x T
PTR
100
100 x SI
R x T
Question
9
9.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
100 x SI
P x R
PTR
100
100 x SI
R x T
100 x SI
P x T
Question
10
10.
If the simple interest amount for a certain principal is ₹22440.00 for 4 year(s) at an ROI of 8.00% p.a. computed annually, then principal is
₹17001.00
₹17002.00
₹16999.00
₹17000.00
₹16998.00
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