Learn Maths Simple Interest, Class 7 Maths Simple Interest Exercise, Free Online Simple Interest Lessons

Class 7 Maths Study Material

An Educational platform for Preparation and Practice Class 7. Kidsfront provide unique pattern of learning Maths with free online comprehensive study material in the form of QUESTION & ANSWER for each Chapter of Maths for Class 7. This study material help Class 7, Maths students in learning every aspect of Simple Interest. Students can understand Simple Interest concept easily and consolidate their learning by doing Online Practice Tests on Maths,Simple Interest chapter repeatedly till they excel in Class 7, Simple Interest. Free ONLINE PRACTICE TESTS on Class 7, Simple Interest comprise of Hundreds of Questions on Simple Interest, prepared by the highly professionals team. Every repeat test of Simple Interest will have new set of questions and help students to prepare themselves for exams by doing unlimited Online Test exercise on Simple Interest. Attempt ONLINE TEST on Class 7,Maths,Simple Interest in Academics section after completing this Simple Interest Question Answer Exercise.

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Simple Interest

Find the simple interest on Rs. 4500 at 8% per annum for 73 days. Also find the amount.

a) Rs. 4572; Rs. 72
b) Rs. 72 ; Rs. 4572
c) Rs. 72; Rs. 4572
d) None of the above

✔Answer

Correct Answer Is : Rs. 72; Rs. 4572

Solution Is :

Simple interest on a certain sum is 16/25 of the sum. Find the rate per cent and the time if both are numerically equal.

a) 8 years, 8 %
b) 16 years, 16 %
c) 15%; 15 years
d) 8%; 8 years

✔Answer

Correct Answer Is : 8%; 8 years

Solution Is :

A sum of money at simple interest doubles itself in 8 years 4 months. In how much time will it treble itself?

a) 16 years
b) 16 years 8 months
c) 16 years 7 months
d) 16 years 6 months

✔Answer

Correct Answer Is : 16 years 8 months

Solution Is :

Divide Rs. 12000 into two parts such that the simple interest on the first part for 2 years at 6% per annum is equal to the simple interest on the second part for 3 years at 8 % per annum.

a) 4000, 8000
b) 8000, 4000
c) Rs. 4000, Rs. 8000
d) Rs. 8000, Rs. 4000

✔Answer

Correct Answer Is : Rs. 8000, Rs. 4000

Solution Is :

Hari borrowed Rs. 12600 from a moneylender at 15 %per annum simple interest. After 3 years he paid Rs. 7070 and gave a goat to clear off the debt. What is the cost of the goat?

a) 17, 200
b) Rs. 1120
c) Rs. 11, 200
d) 1120

✔Answer

Correct Answer Is : Rs. 11, 200

Solution Is :

A sum of money invested at 8 % per annum amounts to Rs. 12122 in 2 years. What will it amount to in 2 years 8 months at 9% per annum?

a) 12758
b) 1275.8
c) Rs. 12758
d) 12.758

✔Answer

Correct Answer Is : Rs. 12758

Solution Is :

The simple interest at x % per annum for x years will be Rs. X on a sum of___________.

a) Rs. x
b) Rs. 100x
c) Rs. (100/x)
d) Rs. (100/x2 )

✔Answer

Correct Answer Is : Rs. (100/x)

Solution Is :

A borrows Rs. 8000 at 12 % per annum simple interest and B borrows Rs. 9100 at 10 % p.a. simple interest. In how many years will their amounts be equal?

a) 18 years
b) 20 years
c) 22 years
d) 24 years

✔Answer

Correct Answer Is : 22 years

Solution Is :

X, y and z are three sums of money such that y Is the simple interest on x and z is the simple interest on y for the same time and same rate. Which of the following is correct?

a) Xyz = 1
b) X2=xy
c) X2=yz
d) Y2=zx

✔Answer

Correct Answer Is : Y2=zx

Solution Is :

In how much time would the simple interest on a certain sum be 0.125 times the principal at 10% per annum?

a) 1 1/4 years
b) 1 3/4 years
c) 2 1/4 years
d) 2 3/4 years

✔Answer

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Class 7 Maths Study Material

Simple Interest

Find the simple interest on Rs. 4500 at 8% per annum for 73 days. Also find the amount.

Correct Answer Is : Rs. 72; Rs. 4572

Solution Is :

Simple interest on a certain sum is 16/25 of the sum. Find the rate per cent and the time if both are numerically equal.

Correct Answer Is : 8%; 8 years

Solution Is :

A sum of money at simple interest doubles itself in 8 years 4 months. In how much time will it treble itself?

Correct Answer Is : 16 years 8 months

Solution Is :

Divide Rs. 12000 into two parts such that the simple interest on the first part for 2 years at 6% per annum is equal to the simple interest on the second part for 3 years at 8 % per annum.

Correct Answer Is : Rs. 8000, Rs. 4000

Solution Is :

Hari borrowed Rs. 12600 from a moneylender at 15 %per annum simple interest. After 3 years he paid Rs. 7070 and gave a goat to clear off the debt. What is the cost of the goat?

Correct Answer Is : Rs. 11, 200

Solution Is :

A sum of money invested at 8 % per annum amounts to Rs. 12122 in 2 years. What will it amount to in 2 years 8 months at 9% per annum?

Correct Answer Is : Rs. 12758

Solution Is :

The simple interest at x % per annum for x years will be Rs. X on a sum of___________.

Correct Answer Is : Rs. (100/x)

Solution Is :

A borrows Rs. 8000 at 12 % per annum simple interest and B borrows Rs. 9100 at 10 % p.a. simple interest. In how many years will their amounts be equal?

Correct Answer Is : 22 years

Solution Is :

X, y and z are three sums of money such that y Is the simple interest on x and z is the simple interest on y for the same time and same rate. Which of the following is correct?

Correct Answer Is : Y2=zx

Solution Is :

In how much time would the simple interest on a certain sum be 0.125 times the principal at 10% per annum?

Correct Answer Is : 1 1/4 years

Solution Is :

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