ICSE Board Practice

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