ICSE Board Practice

ICSE Grade VIII - Simple Interest
Question 1
1.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find terms
  • 100 x SI

    P x R
  • 100 x SI

    R x T
  • PTR

    100
  • 100 x SI

    P x T
Question 2
2.
If principal is ₹12000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹1080.00, then ROI per annum is
  • 1.00%
  • 4.00%
  • 3.00%
  • 2.00%
  • 5.00%
Question 3
3.
If ROI is 4.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹2040.00 computed annually, then principal is
  • ₹17000.00
  • ₹16999.00
  • ₹17001.00
  • ₹17002.00
  • ₹16998.00
Question 4
4.
If the simple interest amount for a certain principal is ₹27000.00 for 5 year(s) at an ROI of 7.00% p.a. computed annually, then principal is
  • ₹19999.00
  • ₹20002.00
  • ₹19998.00
  • ₹20000.00
  • ₹20001.00
Question 5
5.
If ROI is 5.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹3000.00 computed annually, then amount is
  • ₹23002.00
  • ₹23001.00
  • ₹23000.00
  • ₹22999.00
  • ₹22998.00
Question 6
6.
    • If the simple interest on a certain principal is ₹3000.00 for 5 year(s) at ROI 3.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 2 year(s)?
  • ₹1201.00
  • ₹1202.00
  • ₹1200.00
  • ₹1198.00
  • ₹1199.00
Question 7
7.
If principal is ₹8000.00, ROI is 9.00% p.a. and accumulated simple interest computed annually is ₹2160.00, then no of years is
  • 5
  • 3
  • 1
  • 4
  • 2
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

    R x T
  • 100 x SI

    P x R
Question 9
9.
If principal is ₹15000.00, no of year(s) is 5 and accumulated simple interest computed annually is ₹5250.00, then amount is
  • ₹20250.00
  • ₹20251.00
  • ₹20252.00
  • ₹20249.00
  • ₹20248.00
Question 10
10.
If principal is ₹15000.00, ROI is 9.00% p.a., no of year(s) is 2 and interest type is simple interest computed annually, then interest is
  • ₹2698.00
  • ₹2700.00
  • ₹2699.00
  • ₹2702.00
  • ₹2701.00