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ICSE Grade VIII - Simple Interest
Question
1
1.
If the simple interest amount for a certain principal is ₹17400.00 for 2 year(s) at an ROI of 8.00% p.a. computed annually, then principal is
₹15001.00
₹14998.00
₹15000.00
₹14999.00
₹15002.00
Question
2
2.
If the simple interest on a certain principal is ₹1600.00 for 4 year(s) at ROI 5.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 3.00% p.a. ROI?
₹962.00
₹959.00
₹961.00
₹958.00
₹960.00
Question
3
3.
If principal is ₹6000.00, ROI is 9.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then interest is
₹2701.00
₹2700.00
₹2698.00
₹2699.00
₹2702.00
Question
4
4.
If principal is ₹6000.00, ROI is 10.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then amount is
₹9001.00
₹8999.00
₹9000.00
₹9002.00
₹8998.00
Question
5
5.
If principal is ₹15000.00, no of year(s) is 4 and accumulated simple interest computed annually is ₹6000.00, then ROI per annum is
10.00%
8.00%
12.00%
11.00%
9.00%
Question
6
6.
If the simple interest on a certain principal is ₹4800.00 for 4 year(s) at ROI 10.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 5 year(s)?
₹5999.00
₹5998.00
₹6002.00
₹6001.00
₹6000.00
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 ₹16000.00 and simple interest amount is ₹18400.00 for 5 year(s) computed annually, then ROI per annum is
4.00%
3.00%
5.00%
2.00%
1.00%
Question
9
9.
If ROI is 6.00% p.a., no of year(s) is 2 and accumulated simple interest is ₹1200.00 computed annually, then principal is
₹10001.00
₹10000.00
₹10002.00
₹9999.00
₹9998.00
Question
10
10.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
100 x SI
R x T
100 x SI
P x T
100 x SI
P x R
PTR
100
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