CSS - PMS - CCE - PCS - Mathematics
Simple Interest
How long will Rs. 6500 take to earn Rs. 2340 at 6% simple interest per annum?
A. 7 years
B. 6 years
C. 0.36 years
D. 6 years-1
Correct Answer: B
T = SI×100/(P×R) = 2340×100/(6500×6) = 6 years.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 6000 yields Rs. 1500 simple interest in 5 years. What is the annual rate?
A. 4%
B. 7%
C. 5%-1
D. 5%
Correct Answer: D
R = SI×100/(P×T) = 1500×100/(6000×5) = 5%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A sum earns Rs. 1200 as simple interest in 3 years at 8% per annum. What is the principal?
A. Rs. 6200
B. Rs. 1200
C. Rs. 288
D. Rs. 5000
Correct Answer: D
P = SI×100/(R×T) = 1200×100/(8×3) = Rs. 5000.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
What is the amount on Rs. 5000 at 12% simple interest per annum for 3 years?
A. Rs. 3200
B. Rs. 1800
C. Rs. 6800
D. Rs. 6812
Correct Answer: C
SI = Rs. 1800; amount = principal + SI = Rs. 6800.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Find the simple interest on Rs. 4500 at 11% per annum for 2 years.
A. Rs. 1001
B. Rs. 5490
C. Rs. 990
D. Rs. 495
Correct Answer: C
SI = PRT/100 = 4500×11×2/100 = Rs. 990.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
How long will Rs. 4000 take to earn Rs. 400 at 10% simple interest per annum?
A. 2 years
B. 0.1 years
C. 10 years
D. 1 years
Correct Answer: D
T = SI×100/(P×R) = 400×100/(4000×10) = 1 years.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 3500 yields Rs. 1890 simple interest in 6 years. What is the annual rate?
A. 6%
B. 8%
C. 11%
D. 9%
Correct Answer: D
R = SI×100/(P×T) = 1890×100/(3500×6) = 9%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A sum earns Rs. 700 as simple interest in 3 years at 9% per annum. What is the principal?
A. Rs. 700
B. Rs. 3292.59
C. Rs. 2592.59
D. Rs. 189
Correct Answer: C
P = SI×100/(R×T) = 700×100/(9×3) = Rs. 2592.59.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
What is the amount on Rs. 2500 at 7% simple interest per annum for 4 years?
A. Rs. 700
B. Rs. 3200
C. Rs. 3207
D. Rs. 1800
Correct Answer: B
SI = Rs. 700; amount = principal + SI = Rs. 3200.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Find the simple interest on Rs. 2000 at 6% per annum for 3 years.
A. Rs. 366
B. Rs. 120
C. Rs. 360
D. Rs. 2360
Correct Answer: C
SI = PRT/100 = 2000×6×3/100 = Rs. 360.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
How long will Rs. 1500 take to earn Rs. 150 at 5% simple interest per annum?
A. 5 years
B. 3 years
C. 2 years
D. 0.1 years
Correct Answer: C
T = SI×100/(P×R) = 150×100/(1500×5) = 2 years.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 1000 yields Rs. 40 simple interest in 1 years. What is the annual rate?
A. 4%
B. 3%
C. 6%
D. 1%
Correct Answer: A
R = SI×100/(P×T) = 40×100/(1000×1) = 4%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A sum earns Rs. 2200 as simple interest in 3 years at 10% per annum. What is the principal?
A. Rs. 660
B. Rs. 2200
C. Rs. 7333.33
D. Rs. 9533.33
Correct Answer: C
P = SI×100/(R×T) = 2200×100/(10×3) = Rs. 7333.33.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
What is the amount on Rs. 9000 at 11% simple interest per annum for 5 years?
A. Rs. 4950
B. Rs. 13950
C. Rs. 4050
D. Rs. 13961
Correct Answer: B
SI = Rs. 4950; amount = principal + SI = Rs. 13950.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Find the simple interest on Rs. 8500 at 10% per annum for 4 years.
A. Rs. 850
B. Rs. 3410
C. Rs. 3400
D. Rs. 11900
Correct Answer: C
SI = PRT/100 = 8500×10×4/100 = Rs. 3400.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
How long will Rs. 8000 take to earn Rs. 2160 at 9% simple interest per annum?
A. 3 years
B. 9 years
C. 0.27 years
D. 4 years
Correct Answer: A
T = SI×100/(P×R) = 2160×100/(8000×9) = 3 years.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 7500 yields Rs. 1200 simple interest in 2 years. What is the annual rate?
A. 10%
B. 7%
C. 2%
D. 8%
Correct Answer: D
R = SI×100/(P×T) = 1200×100/(7500×2) = 8%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A sum earns Rs. 1700 as simple interest in 3 years at 5% per annum. What is the principal?
A. Rs. 11333.33
B. Rs. 1700
C. Rs. 13033.33
D. Rs. 255
Correct Answer: A
P = SI×100/(R×T) = 1700×100/(5×3) = Rs. 11333.33.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
What is the amount on Rs. 6500 at 6% simple interest per annum for 6 years?
A. Rs. 8846
B. Rs. 2340
C. Rs. 4160
D. Rs. 8840
Correct Answer: D
SI = Rs. 2340; amount = principal + SI = Rs. 8840.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Find the simple interest on Rs. 6000 at 5% per annum for 5 years.
A. Rs. 1500
B. Rs. 7500
C. Rs. 300
D. Rs. 1505
Correct Answer: A
SI = PRT/100 = 6000×5×5/100 = Rs. 1500.