ICSE Board Practice

ICSE Grade VIII - Simple Interest
Question 1
1.
If principal is ₹13000.00, ROI is 4.00% p.a. and accumulated simple interest computed annually is ₹2080.00, then no of years is
  • 2
  • 6
  • 4
  • 3
  • 5
Question 2
2.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
  • 100 x SI

    P x T
  • 100 x SI

    P x R
  • 100 x SI

    R x T
  • PTR

    100
Question 3
3.
If ROI is 6.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹2880.00 computed annually, then amount is
  • ₹14879.00
  • ₹14881.00
  • ₹14882.00
  • ₹14880.00
  • ₹14878.00
Question 4
4.
If principal is ₹14000.00, no of year(s) is 2 and accumulated simple interest computed annually is ₹2800.00, then ROI per annum is
  • 10.00%
  • 12.00%
  • 8.00%
  • 11.00%
  • 9.00%
Question 5
5.
If principal is ₹18000.00, ROI is 7.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then interest is
  • ₹2520.00
  • ₹2519.00
  • ₹2518.00
  • ₹2521.00
  • ₹2522.00
Question 6
6.
If the simple interest amount for a certain principal is ₹7980.00 for 2 year(s) at an ROI of 7.00% p.a. computed annually, then principal is
  • ₹7000.00
  • ₹6999.00
  • ₹7001.00
  • ₹6998.00
  • ₹7002.00
Question 7
7.
    • If the simple interest on a certain principal is ₹3200.00 for 4 year(s) at ROI 8.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 2.00% p.a. ROI?
  • ₹799.00
  • ₹801.00
  • ₹800.00
  • ₹802.00
  • ₹798.00
Question 8
8.
If principal is ₹17000.00, ROI is 8.00% p.a. and accumulated simple interest computed annually is ₹4080.00, then amount is
  • ₹21081.00
  • ₹21080.00
  • ₹21082.00
  • ₹21078.00
  • ₹21079.00
Question 9
9.
If principal is ₹9000.00 and simple interest amount is ₹12240.00 for 4 year(s) computed annually, then ROI per annum is
  • 11.00%
  • 7.00%
  • 10.00%
  • 8.00%
  • 9.00%
Question 10
10.
    • If the simple interest on a certain principal is ₹5040.00 for 4 year(s) at ROI 7.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 2 year(s)?
  • ₹2520.00
  • ₹2522.00
  • ₹2521.00
  • ₹2519.00
  • ₹2518.00