ICSE Board Practice

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