CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 9920 is invested for 5 years at 4% simple interest per annum. What is the maturity amount?
A. Rs. 11904.00
B. Rs. 1984.00
C. Rs. 7936.00
D. Rs. 11954.00
Correct Answer: A
Simple interest = Rs. 1984.00; amount = principal + interest = Rs. 11904.00.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Using simple interest, find the interest on Rs. 9730 at 3% per year for 4 years.
A. Rs. 1267.60
B. Rs. 10897.60
C. Rs. 291.90
D. Rs. 1167.60
Correct Answer: D
SI = P×R×T/100 = 9730×3×4/100 = Rs. 1167.60.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A sum produces Rs. 2120 simple interest in 5 years at 8% per annum. Find the principal.
A. Rs. 5200.00
B. Rs. 7420.00
C. Rs. 5300.00
D. Rs. 2120.00
Correct Answer: C
Principal = SI×100/(R×T) = 2120×100/(8×5) = Rs. 5300.00.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A principal of Rs. 6200 earns Rs. 2400 simple interest in 2 years. What annual rate was applied?
A. 20.35%
B. 18.35%
C. 2.00%
D. 19.35%
Correct Answer: D
Rate = SI×100/(P×T) = 2400×100/(6200×2) = 19.35%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 9160 is invested for 8 years at 11% simple interest per annum. What is the maturity amount?
A. Rs. 17220.80
B. Rs. 8060.80
C. Rs. 17270.80
D. Rs. 1099.20
Correct Answer: A
Simple interest = Rs. 8060.80; amount = principal + interest = Rs. 17220.80.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Using simple interest, find the interest on Rs. 8970 at 10% per year for 7 years.
A. Rs. 15249.00
B. Rs. 6379.00
C. Rs. 897.00
D. Rs. 6279.00
Correct Answer: D
SI = P×R×T/100 = 8970×10×7/100 = Rs. 6279.00.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A sum produces Rs. 1960 simple interest in 6 years at 12% per annum. Find the principal.
A. Rs. 2722.22
B. Rs. 4682.22
C. Rs. 2622.22
D. Rs. 1960.00
Correct Answer: A
Principal = SI×100/(R×T) = 1960×100/(12×6) = Rs. 2722.22.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A principal of Rs. 5800 earns Rs. 2200 simple interest in 4 years. What annual rate was applied?
A. 8.48%
B. 9.48%
C. 10.48%
D. 4.00%
Correct Answer: B
Rate = SI×100/(P×T) = 2200×100/(5800×4) = 9.48%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 8400 is invested for 4 years at 7% simple interest per annum. What is the maturity amount?
A. Rs. 10802.00
B. Rs. 6048.00
C. Rs. 2352.00
D. Rs. 10752.00
Correct Answer: D
Simple interest = Rs. 2352.00; amount = principal + interest = Rs. 10752.00.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Using simple interest, find the interest on Rs. 8210 at 6% per year for 3 years.
A. Rs. 1477.80
B. Rs. 1577.80
C. Rs. 492.60
D. Rs. 9687.80
Correct Answer: A
SI = P×R×T/100 = 8210×6×3/100 = Rs. 1477.80.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A sum produces Rs. 1800 simple interest in 2 years at 8% per annum. Find the principal.
A. Rs. 11150.00
B. Rs. 13050.00
C. Rs. 11250.00
D. Rs. 1800.00
Correct Answer: C
Principal = SI×100/(R×T) = 1800×100/(8×2) = Rs. 11250.00.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A principal of Rs. 5400 earns Rs. 2000 simple interest in 6 years. What annual rate was applied?
A. 6.00%
B. 7.17%
C. 5.17%
D. 6.17%
Correct Answer: D
Rate = SI×100/(P×T) = 2000×100/(5400×6) = 6.17%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 7640 is invested for 7 years at 3% simple interest per annum. What is the maturity amount?
A. Rs. 6035.60
B. Rs. 1604.40
C. Rs. 9244.40
D. Rs. 9294.40
Correct Answer: C
Simple interest = Rs. 1604.40; amount = principal + interest = Rs. 9244.40.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Using simple interest, find the interest on Rs. 7450 at 13% per year for 6 years.
A. Rs. 5911.00
B. Rs. 5811.00
C. Rs. 13261.00
D. Rs. 968.50
Correct Answer: B
SI = P×R×T/100 = 7450×13×6/100 = Rs. 5811.00.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A sum produces Rs. 1640 simple interest in 3 years at 12% per annum. Find the principal.
A. Rs. 4555.56
B. Rs. 1640.00
C. Rs. 4455.56
D. Rs. 6195.56
Correct Answer: A
Principal = SI×100/(R×T) = 1640×100/(12×3) = Rs. 4555.56.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A principal of Rs. 5000 earns Rs. 1800 simple interest in 2 years. What annual rate was applied?
A. 17.00%
B. 18.00%
C. 2.00%
D. 19.00%
Correct Answer: B
Rate = SI×100/(P×T) = 1800×100/(5000×2) = 18.00%.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Rs. 6880 is invested for 3 years at 10% simple interest per annum. What is the maturity amount?
A. Rs. 2064.00
B. Rs. 8944.00
C. Rs. 4816.00
D. Rs. 8994.00
Correct Answer: B
Simple interest = Rs. 2064.00; amount = principal + interest = Rs. 8944.00.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
Using simple interest, find the interest on Rs. 6690 at 9% per year for 2 years.
A. Rs. 602.10
B. Rs. 1204.20
C. Rs. 1304.20
D. Rs. 7894.20
Correct Answer: B
SI = P×R×T/100 = 6690×9×2/100 = Rs. 1204.20.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A sum produces Rs. 1480 simple interest in 4 years at 8% per annum. Find the principal.
A. Rs. 4625.00
B. Rs. 6105.00
C. Rs. 4525.00
D. Rs. 1480.00
Correct Answer: A
Principal = SI×100/(R×T) = 1480×100/(8×4) = Rs. 4625.00.
CSS - PMS - CCE - PCS - Mathematics
Simple Interest
A principal of Rs. 4600 earns Rs. 1600 simple interest in 4 years. What annual rate was applied?
A. 8.70%
B. 7.70%
C. 9.70%
D. 4.00%
Correct Answer: A
Rate = SI×100/(P×T) = 1600×100/(4600×4) = 8.70%.