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ICSE Grade VI - Simple Interest
Question
1
1.
If principal is ₹13000.00 and simple interest amount is ₹15600.00 for 2 year(s) computed annually, then ROI per annum is
8.00%
10.00%
9.00%
12.00%
11.00%
Question
2
2.
If the simple interest amount for a certain principal is ₹21600.00 for 5 year(s) at an ROI of 4.00% p.a. computed annually, then interest is
₹3602.00
₹3599.00
₹3600.00
₹3598.00
₹3601.00
Question
3
3.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find rate
100 x SI
P x R
100 x SI
P x T
PTR
100
100 x SI
R x T
Question
4
4.
Given SI = simple interest, P = principal, T = time, R = rate percent per annum, find principal
PTR
100
100 x SI
P x T
100 x SI
R 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 simple interest
100 x SI
P x T
PTR
100
100 x SI
R x T
100 x SI
P x R
Question
6
6.
If the simple interest on a certain principal is ₹1800.00 for 5 year(s) at ROI 4.00% p.a. computed annually, then what is the simple interest for the same principal and duration at 6.00% p.a. ROI?
₹2699.00
₹2698.00
₹2702.00
₹2700.00
₹2701.00
Question
7
7.
If the simple interest amount for a certain principal is ₹18600.00 for 4 year(s) at an ROI of 6.00% p.a. computed annually, then principal is
₹14998.00
₹15001.00
₹15000.00
₹14999.00
₹15002.00
Question
8
8.
If principal is ₹10000.00, ROI is 2.00% p.a. and accumulated simple interest computed annually is ₹400.00, then no of years is
4
1
3
5
2
Question
9
9.
If the simple interest on a certain principal is ₹1500.00 for 5 year(s) at ROI 3.00% p.a. computed annually, then what is the simple interest for the same principal and ROI for 2 year(s)?
₹602.00
₹600.00
₹599.00
₹598.00
₹601.00
Question
10
10.
If principal is ₹10000.00, no of year(s) is 4 and accumulated simple interest computed annually is ₹3200.00, then ROI per annum is
6.00%
7.00%
9.00%
10.00%
8.00%
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