ICSE Board Practice

ICSE Grade VIII - Simple Interest
Question 1
1.
If principal is ₹20000.00, ROI is 4.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then interest is
  • ₹2399.00
  • ₹2402.00
  • ₹2398.00
  • ₹2400.00
  • ₹2401.00
Question 2
2.
If principal is ₹16000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹4320.00, then ROI per annum is
  • 10.00%
  • 11.00%
  • 8.00%
  • 7.00%
  • 9.00%
Question 3
3.
If the simple interest amount for a certain principal is ₹17780.00 for 3 year(s) at an ROI of 9.00% p.a. computed annually, then principal is
  • ₹13999.00
  • ₹13998.00
  • ₹14002.00
  • ₹14001.00
  • ₹14000.00
Question 4
4.
    • If the simple interest on a certain principal is ₹2100.00 for 5 year(s) at ROI 7.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 6 year(s)?
  • ₹2520.00
  • ₹2522.00
  • ₹2519.00
  • ₹2518.00
  • ₹2521.00
Question 5
5.
If ROI is 6.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹3360.00 computed annually, then principal is
  • ₹14001.00
  • ₹14002.00
  • ₹13999.00
  • ₹14000.00
  • ₹13998.00
Question 6
6.
    • Find simple interest, if P = principal, T = time, R = rate percent per annum
  • PTR

    100
  • 100

    PTR
  • PT

    100 + R
  • P + T + R

    100
Question 7
7.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
  • PTR

    100
  • 100 x SI

    P x T
  • 100 x SI

    P x R
  • 100 x SI

    R x T
Question 8
8.
If principal is ₹10000.00, ROI is 3.00% p.a. and accumulated simple interest computed annually is ₹1200.00, then amount is
  • ₹11200.00
  • ₹11199.00
  • ₹11202.00
  • ₹11198.00
  • ₹11201.00
Question 9
9.
    • 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 10.00% p.a. ROI?
  • ₹8001.00
  • ₹8002.00
  • ₹7999.00
  • ₹7998.00
  • ₹8000.00
Question 10
10.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
  • PTR

    100
  • 100 x SI

    R x T
  • 100 x SI

    P x R
  • 100 x SI

    P x T