ICSE Board Practice

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