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ICSE Grade VIII - Simple Interest
Question
1
1.
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 2.00% p.a. ROI?
₹1599.00
₹1601.00
₹1602.00
₹1598.00
₹1600.00
Question
2
2.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
100 x SI
P x R
PTR
100
100 x SI
P x T
100 x SI
R x T
Question
3
3.
If the simple interest amount for a certain principal is ₹5750.00 for 3 year(s) at an ROI of 5.00% p.a. computed annually, then interest is
₹750.00
₹749.00
₹751.00
₹748.00
₹752.00
Question
4
4.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
100 x SI
P x T
100 x SI
P x R
PTR
100
100 x SI
R x T
Question
5
5.
If principal is ₹12000.00 and simple interest amount is ₹12960.00 for 2 year(s) computed annually, then ROI per annum is
4.00%
3.00%
6.00%
2.00%
5.00%
Question
6
6.
If principal is ₹5000.00, ROI is 10.00% p.a. and accumulated simple interest computed annually is ₹2500.00, then no of years is
5
3
6
4
7
Question
7
7.
If the simple interest on a certain principal is ₹1440.00 for 4 year(s) at ROI 4.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 2 year(s)?
₹721.00
₹722.00
₹718.00
₹720.00
₹719.00
Question
8
8.
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
P x R
100 x SI
R x T
Question
9
9.
If principal is ₹7000.00, no of year(s) is 2 and accumulated simple interest computed annually is ₹980.00, then ROI per annum is
7.00%
8.00%
9.00%
6.00%
5.00%
Question
10
10.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find simple interest
100 x SI
P x R
PTR
100
100 x SI
P x T
100 x SI
R x T
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