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ICSE Grade VII - Simple Interest
Question
1
1.
If principal is ₹13000.00, no of year(s) is 5 and accumulated simple interest computed annually is ₹3250.00, then ROI per annum is
3.00%
6.00%
7.00%
4.00%
5.00%
Question
2
2.
If ROI is 7.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹1400.00 computed annually, then principal is
₹4998.00
₹5000.00
₹5001.00
₹4999.00
₹5002.00
Question
3
3.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
PTR
100
100 x SI
P x T
100 x SI
R x T
100 x SI
P x R
Question
4
4.
If principal is ₹17000.00, ROI is 7.00% p.a. and accumulated simple interest computed annually is ₹4760.00, then no of years is
4
6
5
3
2
Question
5
5.
If the simple interest amount for a certain principal is ₹13780.00 for 2 year(s) at an ROI of 3.00% p.a. computed annually, then principal is
₹12999.00
₹12998.00
₹13002.00
₹13001.00
₹13000.00
Question
6
6.
If principal is ₹14000.00 and simple interest amount is ₹16240.00 for 4 year(s) computed annually, then ROI per annum is
6.00%
3.00%
5.00%
4.00%
2.00%
Question
7
7.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
PTR
100
100 x SI
R x T
100 x SI
P x R
100 x SI
P x T
Question
8
8.
If principal is ₹15000.00, ROI is 9.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then amount is
₹17702.00
₹17699.00
₹17698.00
₹17701.00
₹17700.00
Question
9
9.
If principal is ₹13000.00, ROI is 9.00% p.a. and accumulated simple interest computed annually is ₹5850.00, then amount is
₹18849.00
₹18850.00
₹18852.00
₹18848.00
₹18851.00
Question
10
10.
If principal is ₹7000.00 and simple interest amount is ₹7840.00 for 4 year(s) computed annually, then interest is
₹838.00
₹841.00
₹839.00
₹842.00
₹840.00
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