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ICSE Grade VI - Simple Interest
Question
1
1.
If the simple interest on a certain principal is ₹3780.00 for 3 year(s) at ROI 7.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 4 year(s)?
₹5040.00
₹5038.00
₹5042.00
₹5039.00
₹5041.00
Question
2
2.
If principal is ₹15000.00 and simple interest amount is ₹17700.00 for 3 year(s) computed annually, then interest is
₹2699.00
₹2700.00
₹2698.00
₹2701.00
₹2702.00
Question
3
3.
If the simple interest on a certain principal is ₹2100.00 for 3 year(s) at ROI 7.00% p.a. computed annually, then what is the simple interest for the same principal at 3.00% p.a. ROI and duration 5 year(s)?
₹1502.00
₹1498.00
₹1500.00
₹1499.00
₹1501.00
Question
4
4.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
PTR
100
100 x SI
R x T
100 x SI
P x T
100 x SI
P x R
Question
5
5.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
PTR
100
100 x SI
P x R
100 x SI
P x T
100 x SI
R x T
Question
6
6.
If ROI is 2.00% p.a., no of year(s) is 5 and accumulated simple interest is ₹1500.00 computed annually, then amount is
₹16501.00
₹16502.00
₹16499.00
₹16498.00
₹16500.00
Question
7
7.
If the simple interest amount for a certain principal is ₹23000.00 for 5 year(s) at an ROI of 3.00% p.a. computed annually, then interest is
₹3002.00
₹2998.00
₹2999.00
₹3000.00
₹3001.00
Question
8
8.
If principal is ₹20000.00, ROI is 10.00% p.a. and accumulated simple interest computed annually is ₹6000.00, then amount is
₹26000.00
₹26002.00
₹26001.00
₹25998.00
₹25999.00
Question
9
9.
If principal is ₹7000.00, ROI is 10.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then amount is
₹9100.00
₹9102.00
₹9101.00
₹9098.00
₹9099.00
Question
10
10.
If principal is ₹16000.00, ROI is 8.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then interest is
₹3841.00
₹3839.00
₹3838.00
₹3842.00
₹3840.00
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