Simple Interest Questions for Class 6

# Simple Interest Questions for Class 6

Simple Interest Questions for Class 6 play a major role in strengthening the maths concepts.

## Simple Interest Questions for Class 6 with Answers

Worksheet 1

1. In how many years will  600 double itself at 2% simple interest?

2. Calculate the simple interest and amount for each of the following cases:

Principal            Rate            Time

a.  640             10%             2 years

b.  20,000        121/2%        3 years

c.  26820          62/3%         11/4 years

3. What will  200 amount to in 10 years at 10%?

4. Ranjan borrowed  5000 for 3 years at 6% per annum simple interest. He lends this money to Meenu for 3 years at 9%. How much does Ranjan gain as interest?

5. Fill in the blanks:

a. If principal is  7200 and interest is calculated at the rate of 6% per year, then the amount after 3 years is  ___________.

b. The interest on  12000 at 5% per year for ___________ years is  720.

c. The interest on  6250 at ___________% per year for 3 years is  1125.

d. The interest on  1200 at 2.25% per year for 4 months is  ___________.

6. Match the following with the correct given options:

a. The interest on a sum of  1200 which amounts to  1320 is         i.  45

b. Simple interest on  750 for 2 years at 3% rate of interest is         ii.  120

c.  600 will amount to  840 at 2% simple interest in                      iii. 5%

d. Interest earned in a bank on  5000 is  500 in 2 years,

the rate of interest is                                                                           iv. 20 yrs

e. If principal and rate remains unchanged, then amount increases with

increase of                                                                                      v. Time

7. Find the rate of interest at which  6200 amounts to  11780 in 6 years.

8. Anushka invested  24,000 at the rate of 6% p.a. for 2 years and Raj invested  28,000 at the rate of 5% for the same time period. Who earns more and by how much?

9. Write T for true or F for false:

a. The simple interest on  6000 at 8% p.a. for 6 years is  2400.

b.  7200 amounts to  10656 in 3 years at 16% p.a.

c. If interest for 4 years at 15% is  2760, then principal is  4500.

10. Rahul borrowed a certain sum of money from a friend of his at 7% per annum simple interest. After 3 years, he paid  525 as interest. Find the sum borrowed.

Worksheet 2

1. What is the simple interest on  10,000 at the rate of 9% for a period of 2.5 years?

2. Calculate the time in each of the following.

Principal      Rate      Amount

a.  6250      6%           7375

b.  1500      4%           1680

c.  450        5%           540

3. At what rate percent would a sum of money triple itself in 8 years?

4. If Shashi invests  20,000 at the rate of 12% p.a. for 6 years and Rishi invests  10,000 at the rate of 24% p.a. for the same time period, then who earns more interest?

5. Fill in the blanks:

a. In calculation of simple interest, amount is always greater than the ___________.

b. Simple interest on  4800 in 3 years and a rate of 6% is ___________.

c. The amount on  8600 in 3 years at 5% is ___________.

6. A certain sum of money amounts to  3600 in 5 years and  3720 in 6 years at simple interest. Find the rate of interest.

7. State true or false in each of the following:

a.  1125 amounts to  1395 at 6% p.a. in 4 years.

b. A sum of  1000 double itself in 4 years at 25%.

c. The simple interest on  6500 at 5% p.a. in 4 years is  1300.

8. The interest on  46000 at 6% per annum after some time is  8280. Find the period.

9. Choose the correct answer for each for the following:

a. The rate percent on a principal of  600 yielding an interest of  120 in 2 years is

i. 10%

ii. 12%

iii. 15%

iv. 20%

b.  1000 amounts to  1600 at 6% in

i. 10 years

ii. 8 years

iii. 5 years

iv. 6 years

c. The interest on  3000 for 4 years at 5% is

i.  200

ii.  120

iii.  600

iv.  150

d. On what principal will the interest be  500 for one year at 5%?

i.  5000

ii.  2000

iii.  50,000

iv.  10,000

10. A person borrowed some money from moneylender where he has to pay interest at 24% per year. If the person pays  34560 after 4 months, then find the amount borrowed.

Worksheet 3

1. Fill in the blanks in each of the following:

a. Amount is equal to the sum of principal and ___________.

b. On a given sum of money if time remains same and rate is increased, then interest ___________.

c. If  715 amounts  965 in 2 years, then interest of each year is ___________.

d.  1200 will yield an interest of  288 at 8% p.a. interest in ___________ years.

2. A sum of  7500 amounts to  9300 in 4 years.

a. Find the rate per cent.

b. Find the amount on  6000 at the same rate in 5 years.

3. State true or false for each of the following:

a. Suman borrows  6000 for 5 years at 3% and lends  6000 for 41/2 years at 4%. Suman’s gain is  540.

b.  600 amounted to  780 after 5 years at 6% rate of interest.

4. Find the simple interest on  2500 in 2 years at a rate 7% p.a., then find amount at the end of 2 years?

5. Choose the correct answer for each of the following:

a. The simple interest on  8000 at 5% p.a. for 2 years is

i.  400

ii.  800

iii.  4000

iv.  40

b. If simple interest on  7200 in one year is ₹ 200, then interest in 2 years is

i.  400

ii.  7000

iii.  200

iv.  7600

c. Simple interest on  8050 in one year is  100. The amount at the end of 3 years is

i.  8000

ii.  300

iii.  8350

iv.  8500

d. If principal is  500, time is 3 years and rate is 4%, then the amount is

i.  512

ii.  560

iii.  60

iv.  520

6. Find the time in which  5000 amounts to  6400 is at 7% rate of interest.

7. A person deposited  40000 in a bank which pays interest at 8.5%. How much the person will get after 41/2 years?

8. Find the rate of interest at which a sum of money double itself in 10 years?

Worksheet 1

1. 50 years

2. a. ₹ 128      b. ₹ 7500

c. ₹ 2235

3. ₹ 400

4. ₹ 450

5. a. ₹ 8496     b. 1.2

c. 6%            d. ₹ 9

6. a. ii          b. i

c. iv         d. iii

e. v

7. 15%

8. Anushka earns more by ₹ 80

9. a. F      b. T      c. F

10. ₹ 2500

Worksheet 2

1. ₹ 2250

2. a. 3 years     b. 3 years

c. 4 years

3. 25%

4. Both earns the same interest

5. a. interest     b. ₹ 864

c. ₹ 9890

6. 4%

7. a. True     b. True

c. True

8. 3 years

9. a. i           b. i

c. iii         d. iv

10. ₹ 32,000

Worksheet 3

1. a. interest      b. increases

c. ₹ 125          d. 3

2. a. 6%       b. ₹ 7800

3. a. False      b. True

4. SI = ₹ 350; Amount = ₹ 2850

5. a. ii            b. i

c. iii           d. ii

6. 4 years

7. ₹ 55,300

8. 10%

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