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ICSE Grade VIII - Simple Interest
Question
1
1.
If principal is ₹13000.00, ROI is 4.00% p.a. and accumulated simple interest computed annually is ₹2080.00, then no of years is
2
6
4
3
5
Question
2
2.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
100 x SI
P x T
100 x SI
P x R
100 x SI
R x T
PTR
100
Question
3
3.
If ROI is 6.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹2880.00 computed annually, then amount is
₹14879.00
₹14881.00
₹14882.00
₹14880.00
₹14878.00
Question
4
4.
If principal is ₹14000.00, no of year(s) is 2 and accumulated simple interest computed annually is ₹2800.00, then ROI per annum is
10.00%
12.00%
8.00%
11.00%
9.00%
Question
5
5.
If principal is ₹18000.00, ROI is 7.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then interest is
₹2520.00
₹2519.00
₹2518.00
₹2521.00
₹2522.00
Question
6
6.
If the simple interest amount for a certain principal is ₹7980.00 for 2 year(s) at an ROI of 7.00% p.a. computed annually, then principal is
₹7000.00
₹6999.00
₹7001.00
₹6998.00
₹7002.00
Question
7
7.
If the simple interest on a certain principal is ₹3200.00 for 4 year(s) at ROI 8.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 2.00% p.a. ROI?
₹799.00
₹801.00
₹800.00
₹802.00
₹798.00
Question
8
8.
If principal is ₹17000.00, ROI is 8.00% p.a. and accumulated simple interest computed annually is ₹4080.00, then amount is
₹21081.00
₹21080.00
₹21082.00
₹21078.00
₹21079.00
Question
9
9.
If principal is ₹9000.00 and simple interest amount is ₹12240.00 for 4 year(s) computed annually, then ROI per annum is
11.00%
7.00%
10.00%
8.00%
9.00%
Question
10
10.
If the simple interest on a certain principal is ₹5040.00 for 4 year(s) at ROI 7.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 2 year(s)?
₹2520.00
₹2522.00
₹2521.00
₹2519.00
₹2518.00
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