ICSE Board Practice

ICSE Grade VI - Simple Interest
Question 1
1.
If principal is ₹9000.00, ROI is 7.00% p.a., no of year(s) is 4 and interest type is simple interest computed annually, then interest is
  • ₹2521.00
  • ₹2522.00
  • ₹2519.00
  • ₹2518.00
  • ₹2520.00
Question 2
2.
    • If the simple interest on a certain principal is ₹3200.00 for 2 year(s) at ROI 10.00% p.a. computed annually, then what is the simple interest for the same principal at 3.00% p.a. ROI and duration 3 year(s)?
  • ₹1440.00
  • ₹1441.00
  • ₹1439.00
  • ₹1442.00
  • ₹1438.00
Question 3
3.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find simple interest
  • 100 x SI

    R x T
  • PTR

    100
  • 100 x SI

    P x R
  • 100 x SI

    P x T
Question 4
4.
If principal is ₹14000.00, ROI is 5.00% p.a., no of year(s) is 3 and interest type is simple interest computed annually, then amount is
  • ₹16099.00
  • ₹16098.00
  • ₹16102.00
  • ₹16100.00
  • ₹16101.00
Question 5
5.
    • Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
  • 100 x SI

    P x R
  • 100 x SI

    R x T
  • 100 x SI

    P x T
  • PTR

    100
Question 6
6.
If the simple interest amount for a certain principal is ₹24000.00 for 4 year(s) at an ROI of 5.00% p.a. computed annually, then principal is
  • ₹20001.00
  • ₹20000.00
  • ₹19999.00
  • ₹19998.00
  • ₹20002.00
Question 7
7.
If principal is ₹18000.00, ROI is 3.00% p.a. and accumulated simple interest computed annually is ₹2160.00, then amount is
  • ₹20158.00
  • ₹20160.00
  • ₹20159.00
  • ₹20162.00
  • ₹20161.00
Question 8
8.
If principal is ₹16000.00, no of year(s) is 5 and accumulated simple interest computed annually is ₹7200.00, then amount is
  • ₹23202.00
  • ₹23201.00
  • ₹23199.00
  • ₹23200.00
  • ₹23198.00
Question 9
9.
If ROI is 9.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹2160.00 computed annually, then amount is
  • ₹8159.00
  • ₹8161.00
  • ₹8158.00
  • ₹8160.00
  • ₹8162.00
Question 10
10.
If principal is ₹13000.00 and simple interest amount is ₹18850.00 for 5 year(s) computed annually, then interest is
  • ₹5851.00
  • ₹5849.00
  • ₹5850.00
  • ₹5852.00
  • ₹5848.00