11. The rate of interest is 10% per annum, and the principal is ₹3000. What is the simple interest after 2 years?
a) ₹500
b) ₹600
c) ₹700
d) ₹800
[show_answer]The correct answer is: B [/show_answer]
12. A sum of money amounts to ₹1800 after 2 years at 5% per annum simple interest. What is the principal amount?
a) ₹1500
b) ₹1600
c) ₹1700
d) ₹1800
[show_answer]The correct answer is: A [/show_answer]
13. A sum of ₹3000 is invested at 6% per annum for 4 years. What is the total interest earned?
a) ₹600
b) ₹640
c) ₹660
d) ₹680
[show_answer]The correct answer is: A [/show_answer]
14. The simple interest on ₹5000 at 4% per annum for 3 years is:
a) ₹400
b) ₹420
c) ₹440
d) ₹450
[show_answer]The correct answer is: A [/show_answer]
15. A sum of ₹8000 is invested at 12% per annum for 5 years. What will be the total interest earned?
a) ₹4000
b) ₹4800
c) ₹5000
d) ₹6000
[show_answer]The correct answer is: B [/show_answer]
16. The simple interest on ₹2000 at 6% per annum for 3 years is:
a) ₹360
b) ₹370
c) ₹380
d) ₹390
[show_answer]The correct answer is: A [/show_answer]
17. The simple interest on ₹4000 at 5% per annum for 2 years is:
a) ₹400
b) ₹500
c) ₹600
d) ₹700
[show_answer]The correct answer is: B [/show_answer]
18. The principal is ₹1200, the rate of interest is 8% per annum, and the time is 3 years. What is the simple interest?
a) ₹180
b) ₹190
c) ₹200
d) ₹210
[show_answer]The correct answer is: A [/show_answer]
19. A sum of ₹6000 is invested at 9% simple interest for 2 years. What is the total amount after 2 years?
a) ₹6400
b) ₹6500
c) ₹6600
d) ₹6700
[show_answer]The correct answer is: A [/show_answer]
20. The simple interest on ₹4500 at 10% per annum for 4 years is:
a) ₹1400
b) ₹1500
c) ₹1600
d) ₹1700
[show_answer]The correct answer is: B [/show_answer]
