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ICSE Grade VII - Simple Interest
Question
1
1.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
100 x SI
P x R
PTR
100
100 x SI
P x T
100 x SI
R x T
Question
2
2.
If ROI is 3.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹960.00 computed annually, then amount is
₹8961.00
₹8960.00
₹8958.00
₹8962.00
₹8959.00
Question
3
3.
If principal is ₹5000.00, ROI is 5.00% p.a., no of year(s) is 4 and interest type is simple interest computed annually, then interest is
₹1000.00
₹998.00
₹1001.00
₹999.00
₹1002.00
Question
4
4.
Find simple interest, if P = principal, T = time, R = rate percent per annum
P + T + R
100
PTR
100
100
PTR
PT
100 + R
Question
5
5.
If the simple interest amount for a certain principal is ₹22040.00 for 4 year(s) at an ROI of 4.00% p.a. computed annually, then principal is
₹18998.00
₹19001.00
₹19002.00
₹19000.00
₹18999.00
Question
6
6.
If ROI is 2.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹780.00 computed annually, then principal is
₹12998.00
₹13001.00
₹13002.00
₹13000.00
₹12999.00
Question
7
7.
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
100 x SI
R x T
PTR
100
Question
8
8.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
100 x SI
P x T
100 x SI
R x T
100 x SI
P x R
PTR
100
Question
9
9.
If principal is ₹10000.00, no of year(s) is 5 and accumulated simple interest computed annually is ₹4500.00, then ROI per annum is
7.00%
8.00%
10.00%
9.00%
11.00%
Question
10
10.
If the simple interest amount for a certain principal is ₹11200.00 for 4 year(s) at an ROI of 10.00% p.a. computed annually, then interest is
₹3201.00
₹3200.00
₹3199.00
₹3202.00
₹3198.00
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