ICSE Board Practice

ICSE Grade VII - Simple Interest
Question 1
1.
If the simple interest amount for a certain principal is ₹21240.00 for 3 year(s) at an ROI of 6.00% p.a. computed annually, then principal is
  • ₹17998.00
  • ₹18000.00
  • ₹18002.00
  • ₹18001.00
  • ₹17999.00
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 T
  • PTR

    100
  • 100 x SI

    P x R
Question 3
3.
If principal is ₹9000.00, ROI is 8.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then amount is
  • ₹12601.00
  • ₹12598.00
  • ₹12599.00
  • ₹12602.00
  • ₹12600.00
Question 4
4.
If principal is ₹10000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹1800.00, then amount is
  • ₹11802.00
  • ₹11799.00
  • ₹11800.00
  • ₹11798.00
  • ₹11801.00
Question 5
5.
If ROI is 4.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹1400.00 computed annually, then amount is
  • ₹8398.00
  • ₹8400.00
  • ₹8399.00
  • ₹8401.00
  • ₹8402.00
Question 6
6.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
  • 100 x SI

    P x R
  • 100 x SI

    P x T
  • PTR

    100
  • 100 x SI

    R x T
Question 7
7.
If principal is ₹17000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹1530.00, then ROI per annum is
  • 3.00%
  • 5.00%
  • 2.00%
  • 1.00%
  • 4.00%
Question 8
8.
If principal is ₹16000.00, ROI is 7.00% p.a. and accumulated simple interest computed annually is ₹4480.00, then no of years is
  • 5
  • 6
  • 2
  • 3
  • 4
Question 9
9.
If ROI is 6.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹6000.00 computed annually, then principal is
  • ₹19998.00
  • ₹20001.00
  • ₹19999.00
  • ₹20000.00
  • ₹20002.00
Question 10
10.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
  • PTR

    100
  • 100 x SI

    P x R
  • 100 x SI

    R x T
  • 100 x SI

    P x T