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ICSE Grade VIII - Simple Interest
Question
1
1.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
100 x SI
P x R
100 x SI
R x T
PTR
100
100 x SI
P x T
Question
2
2.
If principal is ₹12000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹1080.00, then ROI per annum is
1.00%
4.00%
3.00%
2.00%
5.00%
Question
3
3.
If ROI is 4.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹2040.00 computed annually, then principal is
₹17000.00
₹16999.00
₹17001.00
₹17002.00
₹16998.00
Question
4
4.
If the simple interest amount for a certain principal is ₹27000.00 for 5 year(s) at an ROI of 7.00% p.a. computed annually, then principal is
₹19999.00
₹20002.00
₹19998.00
₹20000.00
₹20001.00
Question
5
5.
If ROI is 5.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹3000.00 computed annually, then amount is
₹23002.00
₹23001.00
₹23000.00
₹22999.00
₹22998.00
Question
6
6.
If the simple interest on a certain principal is ₹3000.00 for 5 year(s) at ROI 3.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 2 year(s)?
₹1201.00
₹1202.00
₹1200.00
₹1198.00
₹1199.00
Question
7
7.
If principal is ₹8000.00, ROI is 9.00% p.a. and accumulated simple interest computed annually is ₹2160.00, then no of years is
5
3
1
4
2
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
R x T
100 x SI
P x R
Question
9
9.
If principal is ₹15000.00, no of year(s) is 5 and accumulated simple interest computed annually is ₹5250.00, then amount is
₹20250.00
₹20251.00
₹20252.00
₹20249.00
₹20248.00
Question
10
10.
If principal is ₹15000.00, ROI is 9.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then interest is
₹2698.00
₹2700.00
₹2699.00
₹2702.00
₹2701.00
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