ICSE Board Practice

ICSE Grade VIII - Simple Interest
Question 1
1.
    • If the simple interest on a certain principal is ₹5000.00 for 5 year(s) at ROI 10.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 4 year(s)?
  • ₹4000.00
  • ₹3998.00
  • ₹4002.00
  • ₹3999.00
  • ₹4001.00
Question 2
2.
If principal is ₹20000.00 and simple interest amount is ₹22400.00 for 2 year(s) computed annually, then interest is
  • ₹2402.00
  • ₹2401.00
  • ₹2400.00
  • ₹2399.00
  • ₹2398.00
Question 3
3.
If principal is ₹16000.00, ROI is 9.00% p.a., no of year(s) is 4 and interest type is simple interest computed annually, then amount is
  • ₹21760.00
  • ₹21762.00
  • ₹21761.00
  • ₹21758.00
  • ₹21759.00
Question 4
4.
If principal is ₹17000.00, ROI is 9.00% p.a. and accumulated simple interest computed annually is ₹3060.00, then no of years is
  • 5
  • 2
  • 1
  • 4
  • 3
Question 5
5.
If ROI is 10.00% p.a., no of year(s) is 2 and accumulated simple interest is ₹3400.00 computed annually, then amount is
  • ₹20400.00
  • ₹20399.00
  • ₹20402.00
  • ₹20401.00
  • ₹20398.00
Question 6
6.
If principal is ₹20000.00, ROI is 6.00% p.a. and accumulated simple interest computed annually is ₹4800.00, then amount is
  • ₹24801.00
  • ₹24802.00
  • ₹24800.00
  • ₹24798.00
  • ₹24799.00
Question 7
7.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • PT

    100 + R
  • P + T + R

    100
  • 100

    PTR
  • PTR

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

    100
  • 100 x SI

    P x R
  • 100 x SI

    P x T
  • 100 x SI

    R x T
Question 9
9.
If principal is ₹6000.00 and simple interest amount is ₹6960.00 for 2 year(s) computed annually, then ROI per annum is
  • 6.00%
  • 10.00%
  • 7.00%
  • 8.00%
  • 9.00%
Question 10
10.
    • If the simple interest on a certain principal is ₹2200.00 for 5 year(s) at ROI 4.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 6.00% p.a. ROI?
  • ₹3300.00
  • ₹3298.00
  • ₹3299.00
  • ₹3302.00
  • ₹3301.00