CSS - PMS - CCE - PCS - Mathematics
Simple Interest
What is the amount on Rs. 9500 at 12% simple interest per annum for 6 years?
A. Rs. 16352
B. Rs. 6840
C. Rs. 2660
D. Rs. 16340
Correct Answer: D
SI = Rs. 6840; amount = principal + SI = Rs. 16340.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Find the simple interest on Rs. 9000 at 11% per annum for 5 years.
A. Rs. 990
B. Rs. 13950
C. Rs. 4961
D. Rs. 4950
Correct Answer: D
SI = PRT/100 = 9000×11×5/100 = Rs. 4950.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
How long will Rs. 8500 take to earn Rs. 3400 at 10% simple interest per annum?
A. 10 years
B. 5 years
C. 4 years
D. 0.4 years
Correct Answer: C
T = SI×100/(P×R) = 3400×100/(8500×10) = 4 years.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 8000 yields Rs. 2160 simple interest in 3 years. What is the annual rate?
A. 9%
B. 8%
C. 11%
D. 3%
Correct Answer: A
R = SI×100/(P×T) = 2160×100/(8000×3) = 9%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
What is the amount on Rs. 7000 at 7% simple interest per annum for 1 years?
A. Rs. 7497
B. Rs. 7490
C. Rs. 6510
D. Rs. 490
Correct Answer: B
SI = Rs. 490; amount = principal + SI = Rs. 7490.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Find the simple interest on Rs. 6500 at 6% per annum for 6 years.
A. Rs. 2340
B. Rs. 2346
C. Rs. 8840
D. Rs. 390
Correct Answer: A
SI = PRT/100 = 6500×6×6/100 = Rs. 2340.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
How long will Rs. 6000 take to earn Rs. 1500 at 5% simple interest per annum?
A. 5 years
B. 5 years-1
C. 6 years
D. 0.25 years
Correct Answer: A
T = SI×100/(P×R) = 1500×100/(6000×5) = 5 years.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 5500 yields Rs. 880 simple interest in 4 years. What is the annual rate?
A. 4%-1
B. 6%
C. 4%
D. 3%
Correct Answer: C
R = SI×100/(P×T) = 880×100/(5500×4) = 4%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
What is the amount on Rs. 4500 at 11% simple interest per annum for 2 years?
A. Rs. 3510
B. Rs. 990
C. Rs. 5490
D. Rs. 5501
Correct Answer: C
SI = Rs. 990; amount = principal + SI = Rs. 5490.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Find the simple interest on Rs. 4000 at 10% per annum for 1 years.
A. Rs. 410
B. Rs. 400
C. Rs. 4400
D. Rs. 400-1
Correct Answer: B
SI = PRT/100 = 4000×10×1/100 = Rs. 400.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
How long will Rs. 3500 take to earn Rs. 1890 at 9% simple interest per annum?
A. 6 years
B. 9 years
C. 7 years
D. 0.54 years
Correct Answer: A
T = SI×100/(P×R) = 1890×100/(3500×9) = 6 years.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 3000 yields Rs. 1200 simple interest in 5 years. What is the annual rate?
A. 10%
B. 7%
C. 5%
D. 8%
Correct Answer: D
R = SI×100/(P×T) = 1200×100/(3000×5) = 8%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A sum earns Rs. 2200 as simple interest in 3 years at 8% per annum. What is the principal?
A. Rs. 9166.67
B. Rs. 2200
C. Rs. 11366.67
D. Rs. 528
Correct Answer: A
P = SI×100/(R×T) = 2200×100/(8×3) = Rs. 9166.67.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
What is the amount on Rs. 2000 at 6% simple interest per annum for 3 years?
A. Rs. 2360
B. Rs. 360
C. Rs. 2366
D. Rs. 1640
Correct Answer: A
SI = Rs. 360; amount = principal + SI = Rs. 2360.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Find the simple interest on Rs. 1500 at 5% per annum for 2 years.
A. Rs. 75
B. Rs. 150
C. Rs. 155
D. Rs. 1650
Correct Answer: B
SI = PRT/100 = 1500×5×2/100 = Rs. 150.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
How long will Rs. 1000 take to earn Rs. 40 at 4% simple interest per annum?
A. 1 years
B. 2 years
C. 0.04 years
D. 4 years
Correct Answer: A
T = SI×100/(P×R) = 40×100/(1000×4) = 1 years.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 9500 yields Rs. 6840 simple interest in 6 years. What is the annual rate?
A. 6%
B. 12%
C. 11%
D. 14%
Correct Answer: B
R = SI×100/(P×T) = 6840×100/(9500×6) = 12%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A sum earns Rs. 1700 as simple interest in 3 years at 9% per annum. What is the principal?
A. Rs. 7996.3
B. Rs. 459
C. Rs. 1700
D. Rs. 6296.3
Correct Answer: D
P = SI×100/(R×T) = 1700×100/(9×3) = Rs. 6296.3.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
What is the amount on Rs. 8500 at 10% simple interest per annum for 4 years?
A. Rs. 11910
B. Rs. 5100
C. Rs. 3400
D. Rs. 11900
Correct Answer: D
SI = Rs. 3400; amount = principal + SI = Rs. 11900.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Find the simple interest on Rs. 8000 at 9% per annum for 3 years.
A. Rs. 2169
B. Rs. 10160
C. Rs. 2160
D. Rs. 720
Correct Answer: C
SI = PRT/100 = 8000×9×3/100 = Rs. 2160.