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ICSE Grade VI - Simple Interest
Question
1
1.
If the simple interest amount for a certain principal is ₹12600.00 for 4 year(s) at an ROI of 10.00% p.a. computed annually, then interest is
₹3600.00
₹3601.00
₹3602.00
₹3599.00
₹3598.00
Question
2
2.
If the simple interest on a certain principal is ₹2400.00 for 5 year(s) at ROI 4.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 6 year(s)?
₹2880.00
₹2878.00
₹2879.00
₹2881.00
₹2882.00
Question
3
3.
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
4
4.
If principal is ₹20000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹4800.00, then ROI per annum is
9.00%
8.00%
7.00%
10.00%
6.00%
Question
5
5.
Find simple interest, if P = principal, T = time, R = rate percent per annum
PT
100 + R
P + T + R
100
100
PTR
PTR
100
Question
6
6.
If principal is ₹20000.00 and simple interest amount is ₹28000.00 for 4 year(s) computed annually, then interest is
₹8002.00
₹7999.00
₹8001.00
₹8000.00
₹7998.00
Question
7
7.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
100 x SI
P x T
PTR
100
100 x SI
P x R
100 x SI
R x T
Question
8
8.
If the simple interest on a certain principal is ₹1760.00 for 2 year(s) at ROI 8.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 6.00% p.a. ROI?
₹1321.00
₹1322.00
₹1320.00
₹1319.00
₹1318.00
Question
9
9.
If ROI is 10.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹5000.00 computed annually, then amount is
₹15001.00
₹15000.00
₹14999.00
₹14998.00
₹15002.00
Question
10
10.
If the simple interest on a certain principal is ₹3000.00 for 5 year(s) at ROI 4.00% p.a. computed annually, then what is the simple interest for the same principal at 6.00% p.a. ROI and duration 3 year(s)?
₹2700.00
₹2701.00
₹2702.00
₹2699.00
₹2698.00
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