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ICSE Grade VII - Simple Interest
Question
1
1.
If principal is ₹10000.00, ROI is 2.00% p.a. and accumulated simple interest computed annually is ₹1000.00, then amount is
₹10999.00
₹11002.00
₹11000.00
₹10998.00
₹11001.00
Question
2
2.
If principal is ₹8000.00, no of year(s) is 5 and accumulated simple interest computed annually is ₹2800.00, then amount is
₹10800.00
₹10799.00
₹10801.00
₹10802.00
₹10798.00
Question
3
3.
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
4
4.
If principal is ₹18000.00, ROI is 9.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then amount is
₹26100.00
₹26099.00
₹26098.00
₹26102.00
₹26101.00
Question
5
5.
If the simple interest amount for a certain principal is ₹13800.00 for 3 year(s) at an ROI of 5.00% p.a. computed annually, then interest is
₹1802.00
₹1798.00
₹1801.00
₹1799.00
₹1800.00
Question
6
6.
If principal is ₹9000.00 and simple interest amount is ₹9360.00 for 2 year(s) computed annually, then interest is
₹362.00
₹358.00
₹361.00
₹360.00
₹359.00
Question
7
7.
If principal is ₹7000.00 and simple interest amount is ₹8960.00 for 4 year(s) computed annually, then ROI per annum is
9.00%
5.00%
8.00%
7.00%
6.00%
Question
8
8.
If principal is ₹13000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹1950.00, then ROI per annum is
5.00%
3.00%
7.00%
6.00%
4.00%
Question
9
9.
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
10
10.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
100 x SI
P x R
PTR
100
100 x SI
P x T
100 x SI
R x T
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