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ICSE Grade VI - Simple Interest
Question
1
1.
If ROI is 5.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹1200.00 computed annually, then principal is
₹7999.00
₹8001.00
₹8002.00
₹8000.00
₹7998.00
Question
2
2.
If the simple interest amount for a certain principal is ₹19600.00 for 4 year(s) at an ROI of 10.00% p.a. computed annually, then interest is
₹5600.00
₹5601.00
₹5599.00
₹5602.00
₹5598.00
Question
3
3.
If principal is ₹5000.00, ROI is 3.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then interest is
₹748.00
₹750.00
₹752.00
₹751.00
₹749.00
Question
4
4.
If principal is ₹11000.00, ROI is 4.00% p.a. and accumulated simple interest computed annually is ₹880.00, then amount is
₹11878.00
₹11880.00
₹11879.00
₹11882.00
₹11881.00
Question
5
5.
If the simple interest on a certain principal is ₹1440.00 for 4 year(s) at ROI 4.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 9.00% p.a. ROI?
₹3238.00
₹3240.00
₹3239.00
₹3242.00
₹3241.00
Question
6
6.
If the simple interest on a certain principal is ₹7600.00 for 5 year(s) at ROI 8.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 2 year(s)?
₹3039.00
₹3041.00
₹3042.00
₹3038.00
₹3040.00
Question
7
7.
Find simple interest, if P = principal, T = time, R = rate percent per annum
100
PTR
PTR
100
P + T + R
100
PT
100 + R
Question
8
8.
If principal is ₹9000.00, ROI is 2.00% p.a. and accumulated simple interest computed annually is ₹720.00, then no of years is
4
2
3
5
6
Question
9
9.
If the simple interest amount for a certain principal is ₹21600.00 for 2 year(s) at an ROI of 4.00% p.a. computed annually, then principal is
₹19998.00
₹20000.00
₹19999.00
₹20002.00
₹20001.00
Question
10
10.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
100 x SI
P x R
PTR
100
100 x SI
R x T
100 x SI
P x T
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