ICSE Board Practice

ICSE Grade VII - Simple Interest
Question 1
1.
If ROI is 3.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹2160.00 computed annually, then principal is
  • ₹17999.00
  • ₹18001.00
  • ₹18000.00
  • ₹17998.00
  • ₹18002.00
Question 2
2.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
  • 100 x SI

    P x T
  • 100 x SI

    P x R
  • PTR

    100
  • 100 x SI

    R x T
Question 3
3.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
  • PTR

    100
  • 100 x SI

    P x T
  • 100 x SI

    R x T
  • 100 x SI

    P x R
Question 4
4.
If ROI is 5.00% p.a., no of year(s) is 2 and accumulated simple interest is ₹1100.00 computed annually, then amount is
  • ₹12099.00
  • ₹12100.00
  • ₹12101.00
  • ₹12098.00
  • ₹12102.00
Question 5
5.
    • 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
  • 100 x SI

    P x T
  • PTR

    100
Question 6
6.
If principal is ₹19000.00, ROI is 4.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then interest is
  • ₹3798.00
  • ₹3801.00
  • ₹3802.00
  • ₹3799.00
  • ₹3800.00
Question 7
7.
If principal is ₹13000.00 and simple interest amount is ₹18200.00 for 5 year(s) computed annually, then ROI per annum is
  • 9.00%
  • 8.00%
  • 10.00%
  • 6.00%
  • 7.00%
Question 8
8.
    • 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 9
9.
If the simple interest amount for a certain principal is ₹11880.00 for 4 year(s) at an ROI of 8.00% p.a. computed annually, then interest is
  • ₹2881.00
  • ₹2880.00
  • ₹2879.00
  • ₹2882.00
  • ₹2878.00
Question 10
10.
If principal is ₹20000.00, ROI is 9.00% p.a., no of year(s) is 4 and interest type is simple interest computed annually, then amount is
  • ₹27201.00
  • ₹27199.00
  • ₹27200.00
  • ₹27202.00
  • ₹27198.00