Scribd
Upload
2 views8 pages

Simple Interest Questions and Solutions

The document contains three questions related to simple interest calculations. The first question asks for the rate of interest needed for a sum to triple in 10 years, the second question seeks the principal amount given a final sum after 3 years at 10% interest, and the third question inquires about the rate of interest given a specific ratio of principal to interest. Multiple-choice answers are provided for each question.

Uploaded by

AMITsingh Panwar
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd
2 views8 pages

Simple Interest Questions and Solutions

The document contains three questions related to simple interest calculations. The first question asks for the rate of interest needed for a sum to triple in 10 years, the second question seeks the principal amount given a final sum after 3 years at 10% interest, and the third question inquires about the rate of interest given a specific ratio of principal to interest. Multiple-choice answers are provided for each question.

Uploaded by

AMITsingh Panwar
Copyright
© All Rights Reserved
We take content rights seriously. If you suspect this is your content, claim it here.
Available Formats
Download as PDF, TXT or read online on Scribd

Simple interest

Simple interest
Simple interest [Link] what rate of interest per annum will a sum of money
become 3 times of itself in 10 years?

a)10%

b)18%

c)15%

d)20%
Simple interest [Link] a sum of money become ₹ 1,300 in 3 years at the rate
of 10% annual interest, then find the principal.

a) ₹ 1,000

b) ₹ 800

c) ₹ 1,200

d) ₹ 900
Simple interest [Link] the ratio of principal and simple interest for 1 year is
25 : 1, then what is the rate of interest?

a) 20%

b) 5%

c) 25%

d) 4%
Simple interest
Simple interest
Simple interest

You might also like