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ICSE Grade VII - Simple Interest
Question
1
1.
If the simple interest amount for a certain principal is ₹21240.00 for 3 year(s) at an ROI of 6.00% p.a. computed annually, then principal is
₹17998.00
₹18000.00
₹18002.00
₹18001.00
₹17999.00
Question
2
2.
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 T
PTR
100
100 x SI
P x R
Question
3
3.
If principal is ₹9000.00, ROI is 8.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then amount is
₹12601.00
₹12598.00
₹12599.00
₹12602.00
₹12600.00
Question
4
4.
If principal is ₹10000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹1800.00, then amount is
₹11802.00
₹11799.00
₹11800.00
₹11798.00
₹11801.00
Question
5
5.
If ROI is 4.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹1400.00 computed annually, then amount is
₹8398.00
₹8400.00
₹8399.00
₹8401.00
₹8402.00
Question
6
6.
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
7
7.
If principal is ₹17000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹1530.00, then ROI per annum is
3.00%
5.00%
2.00%
1.00%
4.00%
Question
8
8.
If principal is ₹16000.00, ROI is 7.00% p.a. and accumulated simple interest computed annually is ₹4480.00, then no of years is
5
6
2
3
4
Question
9
9.
If ROI is 6.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹6000.00 computed annually, then principal is
₹19998.00
₹20001.00
₹19999.00
₹20000.00
₹20002.00
Question
10
10.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
PTR
100
100 x SI
P x R
100 x SI
R x T
100 x SI
P x T
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