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ICSE Grade VIII - Simple Interest
Question
1
1.
If principal is ₹20000.00, ROI is 4.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then interest is
₹2399.00
₹2402.00
₹2398.00
₹2400.00
₹2401.00
Question
2
2.
If principal is ₹16000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹4320.00, then ROI per annum is
10.00%
11.00%
8.00%
7.00%
9.00%
Question
3
3.
If the simple interest amount for a certain principal is ₹17780.00 for 3 year(s) at an ROI of 9.00% p.a. computed annually, then principal is
₹13999.00
₹13998.00
₹14002.00
₹14001.00
₹14000.00
Question
4
4.
If the simple interest on a certain principal is ₹2100.00 for 5 year(s) at ROI 7.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 6 year(s)?
₹2520.00
₹2522.00
₹2519.00
₹2518.00
₹2521.00
Question
5
5.
If ROI is 6.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹3360.00 computed annually, then principal is
₹14001.00
₹14002.00
₹13999.00
₹14000.00
₹13998.00
Question
6
6.
Find simple interest, if P = principal, T = time, R = rate percent per annum
PTR
100
100
PTR
PT
100 + R
P + T + R
100
Question
7
7.
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
8
8.
If principal is ₹10000.00, ROI is 3.00% p.a. and accumulated simple interest computed annually is ₹1200.00, then amount is
₹11200.00
₹11199.00
₹11202.00
₹11198.00
₹11201.00
Question
9
9.
If the simple interest on a certain principal is ₹7200.00 for 4 year(s) at ROI 9.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 10.00% p.a. ROI?
₹8001.00
₹8002.00
₹7999.00
₹7998.00
₹8000.00
Question
10
10.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
PTR
100
100 x SI
R x T
100 x SI
P x R
100 x SI
P x T
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