ICSE Board Practice

ICSE Grade VIII - Simple Interest
Question 1
1.
If ROI is 2.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹1200.00 computed annually, then principal is
  • ₹15001.00
  • ₹14999.00
  • ₹15002.00
  • ₹15000.00
  • ₹14998.00
Question 2
2.
If the simple interest amount for a certain principal is ₹11200.00 for 4 year(s) at an ROI of 3.00% p.a. computed annually, then principal is
  • ₹10001.00
  • ₹10002.00
  • ₹9998.00
  • ₹10000.00
  • ₹9999.00
Question 3
3.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
  • PTR

    100
  • 100 x SI

    P x T
  • 100 x SI

    P x R
  • 100 x SI

    R x T
Question 4
4.
If principal is ₹6000.00 and simple interest amount is ₹7680.00 for 4 year(s) computed annually, then interest is
  • ₹1679.00
  • ₹1682.00
  • ₹1678.00
  • ₹1680.00
  • ₹1681.00
Question 5
5.
If principal is ₹7000.00, ROI is 5.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then interest is
  • ₹1749.00
  • ₹1752.00
  • ₹1750.00
  • ₹1751.00
  • ₹1748.00
Question 6
6.
    • If the simple interest on a certain principal is ₹1120.00 for 2 year(s) at ROI 7.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 6.00% p.a. ROI?
  • ₹960.00
  • ₹961.00
  • ₹958.00
  • ₹962.00
  • ₹959.00
Question 7
7.
If principal is ₹15000.00, no of year(s) is 4 and accumulated simple interest computed annually is ₹5400.00, then amount is
  • ₹20398.00
  • ₹20401.00
  • ₹20399.00
  • ₹20400.00
  • ₹20402.00
Question 8
8.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • PTR

    100
  • P + T + R

    100
  • 100

    PTR
  • PT

    100 + R
Question 9
9.
If principal is ₹15000.00 and simple interest amount is ₹16200.00 for 4 year(s) computed annually, then ROI per annum is
  • 2.00%
  • 1.00%
  • 3.00%
  • 4.00%
  • 0.00%
Question 10
10.
If principal is ₹8000.00, ROI is 5.00% p.a. and accumulated simple interest computed annually is ₹1200.00, then no of years is
  • 4
  • 5
  • 1
  • 2
  • 3