ICSE Board Practice

ICSE Grade VII - Simple Interest
Question 1
1.
If ROI is 9.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹1620.00 computed annually, then principal is
  • ₹6000.00
  • ₹5998.00
  • ₹6002.00
  • ₹5999.00
  • ₹6001.00
Question 2
2.
If principal is ₹11000.00, ROI is 7.00% p.a. and accumulated simple interest computed annually is ₹3080.00, then no of years is
  • 3
  • 6
  • 4
  • 5
  • 2
Question 3
3.
If principal is ₹15000.00, ROI is 8.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then amount is
  • ₹17400.00
  • ₹17402.00
  • ₹17399.00
  • ₹17398.00
  • ₹17401.00
Question 4
4.
    • 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 5
5.
If principal is ₹5000.00 and simple interest amount is ₹5450.00 for 3 year(s) computed annually, then interest is
  • ₹449.00
  • ₹450.00
  • ₹448.00
  • ₹452.00
  • ₹451.00
Question 6
6.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
  • 100 x SI

    P x T
  • PTR

    100
  • 100 x SI

    R x T
  • 100 x SI

    P x R
Question 7
7.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • 100

    PTR
  • PT

    100 + R
  • PTR

    100
  • P + T + R

    100
Question 8
8.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
  • 100 x SI

    P x R
  • 100 x SI

    P x T
  • PTR

    100
  • 100 x SI

    R x T
Question 9
9.
    • 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

    R x T
  • 100 x SI

    P x T
Question 10
10.
If the simple interest amount for a certain principal is ₹22440.00 for 4 year(s) at an ROI of 8.00% p.a. computed annually, then principal is
  • ₹17001.00
  • ₹17002.00
  • ₹16999.00
  • ₹17000.00
  • ₹16998.00