Percent and Simple Interest

Percentage can be expressed out of

• 100

• 1000

• 10

• 1

What does T stands for in Simple Interest?

• Time

• Rate

• Interest

• Principal

The conversion of 0.3 decimal into percentage is

• 3%

• 30%

• 0.3%

• None

Find the value of : 5 % of 360

• 18

• 36

• 108

• None

The formula to calculate Amount in Simple Interest is

• A = P + I

• A = P - I

• A = P/I

• None

Find the Simple Interest if P = Rs 200 , T = 2 years and R = 5% per year.

• 2

• 20

• 200

• None

Find the Principal if I = Rs 336 , T = 2years and R = 10.5 per year.

• 1400

• 1600

• 1800

• 2000

Find rate of Interest if P = Rs 1800 , T= 3years and I = Rs 324.

• 4

• 5

• 6

• 7

Find time if P = Rs 1400 , R = 8% per year and I = Rs 224.

• 1

• 2

• 3

• 4

Find the amount if P = Rs 100 , T = Rs 4 year and R = 3% per year.

• 12

• 112

• 100

• None