ICSE Board Practice

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