Math Test Preparation Problems on Simple Interest Part 2

Test Preparation on Math Test Preparation Problems on Simple Interest Part 2

1.

Find the simple interest on Rs. 68,000 at 16 2/3% per annum for 9 months.

17500
28000
38500
49000

2.

Find the simple interest on Rs. 3000 at 6 1/4% per annum for the period from 4th Feb. 2005 to 18th April 2005.

137.00
237.50
337.75
438.00

3.

A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?

1Rs. 4462.50
2Rs. 8032.50
3Rs. 8925
4None of these

4.

A sum of Rs. 800 amounts to Rs. 920 in 8 years at simple interest. Interest rate is increased by 3%, it would amount to how much?

1962
2972
3982
4992

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