Mathematics
Grade-7
Easy
Question
A bank lends loan at 8% per year in simple interest. The bank collects £800 over a period of 5 years in interest. __________ is the amount given on loan.
- 1590
- 2000
- 3000
- 1400
Hint:
Use simple interest formula to find the principal amount by substituting the given data.
The correct answer is: 2000
R = 8%, I = £800, T = 5 years, P = ?
800 = P × 5 × 0.08
P = £2000
>>>
>>>
>>>Principal amount =
>>>Principal amount = 2000.
Related Questions to study
Mathematics
__________ is the rate of interest, if £40 is paid per year on a principal amount of £500.
>>> Rate of interest =
= 8 %.
__________ is the rate of interest, if £40 is paid per year on a principal amount of £500.
MathematicsGrade-7
>>> Rate of interest =
= 8 %.
Mathematics
If £200 is paid as interest towards a loan of £1000 over a period of 4 years, the rate of interest is _________.
>>> .
>>> Rate of interest =
= 5 %
If £200 is paid as interest towards a loan of £1000 over a period of 4 years, the rate of interest is _________.
MathematicsGrade-7
>>> .
>>> Rate of interest =
= 5 %
Mathematics
_______ is the interest on $1200 principal at 2% per year for 10 years.
_______ is the interest on $1200 principal at 2% per year for 10 years.
MathematicsGrade-7
Mathematics
Paul borrows £330 from a bank at 0.5% per annum and agrees to pay it back in 2 years. Determine the total amount to be paid back by him.
Paul borrows £330 from a bank at 0.5% per annum and agrees to pay it back in 2 years. Determine the total amount to be paid back by him.
MathematicsGrade-7
Mathematics
Determine the simple interest on $4000 principal at 4% per annum over a period of 5 years.
Determine the simple interest on $4000 principal at 4% per annum over a period of 5 years.
MathematicsGrade-7
English-2
What kinds of clauses can function as sentences on their own?
What kinds of clauses can function as sentences on their own?
English-2Grade-7
English-2
Where can a participle phrase appear in a sentence?
Where can a participle phrase appear in a sentence?
English-2Grade-7
English-2
Participle phrases have the function of __________ in a sentence.
Participle phrases have the function of __________ in a sentence.
English-2Grade-7
English-2
Which of the following parts of speech do adverbial phrases never modify?
Which of the following parts of speech do adverbial phrases never modify?
English-2Grade-7
English-2
Identify the adverbial phrase in the sentence.
“Sally threw the football to her friend.”
Identify the adverbial phrase in the sentence.
“Sally threw the football to her friend.”
English-2Grade-7
English-2
Which of the following is an adverbial phrase?
Which of the following is an adverbial phrase?
English-2Grade-7
English-2
Identify an adjective phrase.
Identify an adjective phrase.
English-2Grade-7
English-2
An adjective phrase can only be attributive.
An adjective phrase can only be attributive.
English-2Grade-7
English-2
Identify the option used to create the adjective phrase (in bold) in the following sentence:
"A Woman dressed in fine silk walked through the doors.”
Identify the option used to create the adjective phrase (in bold) in the following sentence:
"A Woman dressed in fine silk walked through the doors.”
English-2Grade-7
English-2
Which of the following can be used to form an adjective phrase?
Which of the following can be used to form an adjective phrase?
English-2Grade-7