Tamil Nadu (English Medium) Std 8 Study Materials, Online Learning, Question Papers, Classnotes, Practice Test, MCQ | Smartindia Educational Program : www.smartindia.net.in


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Question-1
A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?

(A) 3%	(B)4%
(C)5%	(D)6%

Question-2 The least number of complete years in which a sum of money put out at 20% compound interest will be more than doubled is:

(A) 3	(B)4
(C)5	(D)6

Question-3
At what rate percent per annum simple interest will a sum of money triple itself in 25 years.

(A) 8	(B) 8.3
(C) 9.1	(D) 10

Question-4 A sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?

(A) Rs. 4462.50	(B)Rs. 8032.50
(C)Rs. 8900	(D)Rs. 8925

Question-5 On selling 17 balls at Rs. 720, there is a loss equal to the cost price of 5 balls. The cost price of a ball is:

(A) Rs.45	(B)Rs.50
(C)Rs.55	(D)Rs.60

Question-6 Calculate the simple interest for Rs.1000 at 10% per annum for 2 years.

(A) 200	(B)100
(C)300	(D)500

Question-7 How much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

(A) 3.5 years	(B)4 years
(C)4.5 years	(D)5 years

Question-8
Albert invested an amount of Rs. 8000 in a fixed deposit scheme for 2 years at compound interest rate 5 p.c.p.a.
How much amount will Albert get on maturity of the fixed deposit?

(A) Rs. 8600	(B)Rs. 8620
(C)Rs. 8820	(D)None of these

Question-9
A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs.
5400 interest only for the period.The principal amount borrowed by him was:

(A) Rs. 2000	(B)Rs. 10,000
(C)Rs. 15,000	(D)Rs. 20,000

Question-10 A sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:

(A) Rs.650	(B)Rs.690
(C)Rs.698	(D)Rs.700

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Std 8

Tamil Nadu (English Medium)

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