### Class VIII

You deposit \$1000 into a bank account paying 7% simple interest per year. You left the money in for 3 years. Find the interest earned and the amount at the end of those 3 years?
1. The interest is \$210 and the amount is \$1200.
2. The interest is \$200 and the amount is \$1210.
3. The interest is \$210 and the amount is \$1210.
4. The interest is \$222 and the amount is \$1250.
In how much time will the simple interest on \$3,500 at the rate of 9% p.a be the same as simple interest on \$4,000 at 10.5% p.a for 4 years?
1. Time = t = 3.33 years.
2. Time = t = 4.33 years.
3. Time = t = 5 years.
4. Time = t = 5.33 years.
You deposit \$12000 into a bank account paying 1.5% simple interest per month. You left the money in for 210 days. Find the interest earned and the amount.
1. The interest is \$1242.734 and the amount is \$13242.734.
2. The interest is \$1242.734 and the amount is \$1325.2546
3. The interest is \$4212.734 and the amount is \$13242.734.
4. The interest is \$1242.734 and the amount is \$132.25
Find simple interest on Rs. 3000 at 7% rate of interest for one year.
1. 200
2. 210
3. 230
4. 195
Find simple interest on Rs. 10,000 at the rate of 5% for 5 years. Also find the amount for 5 years.
1. 2,000
2. 2,325
3. 2,500
4. 3,000
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