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ICSE Grade VI - Simple Interest
Question
1
1.
If the simple interest amount for a certain principal is ₹9240.00 for 4 year(s) at an ROI of 8.00% p.a. computed annually, then interest is
₹2241.00
₹2238.00
₹2242.00
₹2240.00
₹2239.00
Question
2
2.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
PTR
100
100 x SI
P x R
100 x SI
R x T
100 x SI
P x T
Question
3
3.
If the simple interest on a certain principal is ₹2800.00 for 4 year(s) at ROI 7.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 8.00% p.a. ROI?
₹3202.00
₹3198.00
₹3199.00
₹3200.00
₹3201.00
Question
4
4.
If principal is ₹16000.00 and simple interest amount is ₹17280.00 for 4 year(s) computed annually, then ROI per annum is
4.00%
3.00%
2.00%
1.00%
0.00%
Question
5
5.
If ROI is 9.00% p.a., no of year(s) is 4 and accumulated simple interest is ₹4320.00 computed annually, then amount is
₹16322.00
₹16320.00
₹16319.00
₹16321.00
₹16318.00
Question
6
6.
If the simple interest amount for a certain principal is ₹25840.00 for 4 year(s) at an ROI of 9.00% p.a. computed annually, then principal is
₹19000.00
₹18998.00
₹19001.00
₹18999.00
₹19002.00
Question
7
7.
If principal is ₹7000.00, ROI is 7.00% p.a., no of year(s) is 5 and interest type is simple interest computed annually, then amount is
₹9450.00
₹9452.00
₹9451.00
₹9449.00
₹9448.00
Question
8
8.
If principal is ₹7000.00, no of year(s) is 5 and accumulated simple interest computed annually is ₹1400.00, then amount is
₹8399.00
₹8400.00
₹8402.00
₹8398.00
₹8401.00
Question
9
9.
Find simple interest, if P = principal, T = time, R = rate percent per annum
PTR
100
PT
100 + R
100
PTR
P + T + R
100
Question
10
10.
If principal is ₹10000.00, ROI is 7.00% p.a. and accumulated simple interest computed annually is ₹1400.00, then no of years is
1
4
2
3
5
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