The simple interest on ₹ 6000 at 8% p.a. for one year

The simple interest on ₹ 6000 at 8% p.a. for one year is
(a) ₹ 600
(b) ₹ 480
(c) ₹ 400
(d) ₹ 240

Solution:

ML Aggarwal Class 7 Solutions for ICSE Maths Chapter 7 Percentage and Its Applications Objective Type Questions 18

If Rohit borrows ₹ 4800 at 5% p.a. simple interest, then the amount he has to return at the end of 2 years is
(a) ₹ 480
(b) ₹ 5040
(c) ₹ 5280
(d) ₹ 5600

Solution:

ML Aggarwal Class 7 Solutions for ICSE Maths Chapter 7 Percentage and Its Applications Objective Type Questions 19

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