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ICSE Grade VI - Simple Interest
Question
1
1.
If the simple interest on a certain principal is ₹1080.00 for 2 year(s) at ROI 3.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 3 year(s)?
₹1618.00
₹1619.00
₹1621.00
₹1620.00
₹1622.00
Question
2
2.
If the simple interest on a certain principal is ₹4480.00 for 4 year(s) at ROI 7.00% p.a. computed annually, then what is the simple interest for the same principal at 9.00% p.a. ROI and duration 3 year(s)?
₹4321.00
₹4322.00
₹4319.00
₹4318.00
₹4320.00
Question
3
3.
If principal is ₹19000.00, ROI is 9.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then amount is
₹27548.00
₹27549.00
₹27551.00
₹27552.00
₹27550.00
Question
4
4.
If principal is ₹15000.00 and simple interest amount is ₹15600.00 for 2 year(s) computed annually, then interest is
₹601.00
₹598.00
₹600.00
₹599.00
₹602.00
Question
5
5.
If principal is ₹16000.00, ROI is 5.00% p.a. and accumulated simple interest computed annually is ₹4000.00, then no of years is
6
5
3
4
7
Question
6
6.
If the simple interest amount for a certain principal is ₹16900.00 for 3 year(s) at an ROI of 10.00% p.a. computed annually, then principal is
₹13000.00
₹13002.00
₹12998.00
₹12999.00
₹13001.00
Question
7
7.
If the simple interest amount for a certain principal is ₹8750.00 for 5 year(s) at an ROI of 5.00% p.a. computed annually, then interest is
₹1752.00
₹1749.00
₹1748.00
₹1751.00
₹1750.00
Question
8
8.
If principal is ₹14000.00, no of year(s) is 3 and accumulated simple interest computed annually is ₹840.00, then amount is
₹14839.00
₹14840.00
₹14841.00
₹14842.00
₹14838.00
Question
9
9.
If principal is ₹7000.00, ROI is 4.00% p.a. and accumulated simple interest computed annually is ₹560.00, then amount is
₹7559.00
₹7562.00
₹7561.00
₹7560.00
₹7558.00
Question
10
10.
If ROI is 7.00% p.a., no of year(s) is 3 and accumulated simple interest is ₹3150.00 computed annually, then principal is
₹14998.00
₹15002.00
₹15001.00
₹14999.00
₹15000.00
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