Simple Interest Calculation Quiz
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Questions and Answers

Which one of the following options represents the correct sum?

  • Rs. 5000
  • Rs. 5500
  • Rs. 4016.25
  • Rs. 4500 (correct)

    • Which one of the following options represents the correct interest rate?

  • 8%
  • 6%
  • 9% (correct)
  • 7%

    • Which one of the following options represents the correct duration in years?

  • 6 years
  • 3 years
  • 4 years
  • 5 years (correct)

    • Which one of the following options represents the correct simple interest earned?

    <p>Rs. 401.25</p> Signup and view all the answers

    Which one of the following options represents the correct interest rate per annum?

    <p>9%</p> Signup and view all the answers

    Which one of the following options represents the correct time period in years?

    <p>5</p> Signup and view all the answers

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