ICSE Board Practice

ICSE Grade VIII - Simple Interest
Question 1
1.
If principal is ₹16000.00, no of year(s) is 5 and accumulated simple interest computed annually is ₹4000.00, then amount is
  • ₹19999.00
  • ₹19998.00
  • ₹20001.00
  • ₹20002.00
  • ₹20000.00
Question 2
2.
If principal is ₹16000.00, ROI is 7.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then amount is
  • ₹18238.00
  • ₹18240.00
  • ₹18242.00
  • ₹18241.00
  • ₹18239.00
Question 3
3.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find simple interest
  • 100 x SI

    P x R
  • 100 x SI

    R x T
  • PTR

    100
  • 100 x SI

    P x T
Question 4
4.
If principal is ₹7000.00 and simple interest amount is ₹9520.00 for 4 year(s) computed annually, then ROI per annum is
  • 7.00%
  • 9.00%
  • 8.00%
  • 11.00%
  • 10.00%
Question 5
5.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
  • 100 x SI

    R x T
  • 100 x SI

    P x R
  • PTR

    100
  • 100 x SI

    P x T
Question 6
6.
If the simple interest amount for a certain principal is ₹16320.00 for 4 year(s) at an ROI of 9.00% p.a. computed annually, then interest is
  • ₹4322.00
  • ₹4321.00
  • ₹4320.00
  • ₹4319.00
  • ₹4318.00
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 ROI is 7.00% p.a., no of year(s) is 2 and accumulated simple interest is ₹1400.00 computed annually, then amount is
  • ₹11402.00
  • ₹11399.00
  • ₹11400.00
  • ₹11401.00
  • ₹11398.00
Question 9
9.
If principal is ₹11000.00, no of year(s) is 4 and accumulated simple interest computed annually is ₹3520.00, then ROI per annum is
  • 8.00%
  • 10.00%
  • 7.00%
  • 9.00%
  • 6.00%
Question 10
10.
If principal is ₹17000.00, ROI is 9.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then interest is
  • ₹7648.00
  • ₹7650.00
  • ₹7652.00
  • ₹7651.00
  • ₹7649.00