ICSE Board Practice

ICSE Grade VII - Simple Interest
Question 1
1.
If principal is ₹7000.00, ROI is 6.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then amount is
  • ₹8259.00
  • ₹8260.00
  • ₹8261.00
  • ₹8262.00
  • ₹8258.00
Question 2
2.
If principal is ₹9000.00 and simple interest amount is ₹10800.00 for 4 year(s) computed annually, then ROI per annum is
  • 3.00%
  • 6.00%
  • 7.00%
  • 5.00%
  • 4.00%
Question 3
3.
If ROI is 6.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹1080.00 computed annually, then amount is
  • ₹7082.00
  • ₹7080.00
  • ₹7079.00
  • ₹7081.00
  • ₹7078.00
Question 4
4.
If principal is ₹7000.00, ROI is 7.00% p.a. and accumulated simple interest computed annually is ₹2450.00, then amount is
  • ₹9449.00
  • ₹9450.00
  • ₹9448.00
  • ₹9451.00
  • ₹9452.00
Question 5
5.
    • 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 6
6.
    • 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
  • 100 x SI

    P x R
  • PTR

    100
Question 7
7.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • PT

    100 + R
  • P + T + R

    100
  • 100

    PTR
  • PTR

    100
Question 8
8.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
  • PTR

    100
  • 100 x SI

    R x T
  • 100 x SI

    P x R
  • 100 x SI

    P x T
Question 9
9.
If the simple interest amount for a certain principal is ₹10560.00 for 4 year(s) at an ROI of 8.00% p.a. computed annually, then principal is
  • ₹8001.00
  • ₹8002.00
  • ₹7998.00
  • ₹8000.00
  • ₹7999.00
Question 10
10.
If principal is ₹19000.00, ROI is 8.00% p.a., no of year(s) is 4 and interest type is simple interest computed annually, then interest is
  • ₹6080.00
  • ₹6082.00
  • ₹6078.00
  • ₹6081.00
  • ₹6079.00