Simple Interest MCQs

Maths

Simple Interest MCQs

Practice Simple Interest MCQs with answers and detailed solutions. Learn interest calculation, principal, rate of interest, time period, amount, installment-based questions, and real exam-level quantitative aptitude problems frequently asked in SSC, Railway, Banking, UPSC, JKSSB, Police, Defence, Teaching and other competitive exams.

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Practice Questions

Page 10 of 55
Question #181
A sum amounts to Rs. 147840 in 5 years at 9% SI. Principal
A. Rs. 111000
B. Rs. 112000
C. Rs. 113000
D. Rs. 110000
Discuss
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Correct Answer: Option B

Explanation:
SI = 35840. P = 147840 - 35840 = 112000.
This question belongs to: Maths Simple Interest
Question #182
Rate when Rs. 259000 amounts to Rs. 336700 in 3 years
A. 10%
B. 12%
C. 8%
D. 9%
Discuss
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Correct Answer: Option A

Explanation:
SI = 77700. R = (77700 * 100)/(259000 * 3) = 10%.
This question belongs to: Maths Simple Interest
Question #183
Years for Rs. 266000 at 8% to give Rs. 127680 interest
A. 5 years
B. 4 years
C. 6 years
D. 7 years
Discuss
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Correct Answer: Option C

Explanation:
T = (127680 * 100)/(266000 * 8) = 6 years.
This question belongs to: Maths Simple Interest
Question #184
Simple interest on Rs. 164500 for 2 years at 15%
A. Rs. 49350
B. Rs. 49150
C. Rs. 49750
D. Rs. 49550
Discuss
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Correct Answer: Option A

Explanation:
SI = (164500 * 15 * 2)/100 = 49350.
This question belongs to: Maths Simple Interest
Question #185
Principal for Rs. 268800 interest in 8 years at 12%
A. Rs. 281000
B. Rs. 279000
C. Rs. 280000
D. Rs. 278000
Discuss
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Correct Answer: Option C

Explanation:
P = (268800 * 100)/(12 * 8) = 280000.
This question belongs to: Maths Simple Interest
Question #186
A sum at 13% SI for 4 years amounts to Rs. 210000. Principal
A. Rs. 139000
B. Rs. 140000
C. Rs. 141000
D. Rs. 138000
Discuss
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Correct Answer: Option B

Explanation:
SI = 70000. P = 210000 - 70000 = 140000.
This question belongs to: Maths Simple Interest
Question #187
Rate for Rs. 273000 to Rs. 354900 in 3 years SI
A. 8%
B. 9%
C. 10%
D. 12%
Discuss
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Correct Answer: Option C

Explanation:
SI = 81900. R = (81900 * 100)/(273000 * 3) = 10%.
This question belongs to: Maths Simple Interest
Question #188
Time for Rs. 280000 at 7% to amount Rs. 392000
A. 5 years
B. 4 years
C. 6 years
D. 7 years
Discuss
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Correct Answer: Option C

Explanation:
SI = 112000. T = (112000 * 100)/(280000 * 7) = 6 years.
This question belongs to: Maths Simple Interest
Question #189
SI on Rs. 171500 for 5 years at 4%
A. Rs. 34300
B. Rs. 34700
C. Rs. 34100
D. Rs. 34500
Discuss
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Correct Answer: Option A

Explanation:
SI = (171500 * 4 * 5)/100 = 34300.
This question belongs to: Maths Simple Interest
Question #190
The principal giving Rs. 302400 SI in 9 years at 8%
A. Rs. 420000
B. Rs. 421000
C. Rs. 418000
D. Rs. 419000
Discuss
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Correct Answer: Option A

Explanation:
P = (302400 * 100)/(8 * 9) = 420000.
This question belongs to: Maths Simple Interest
Question #191
A sum amounts to Rs. 155520 in 6 years at 8% SI. Principal
A. Rs. 106000
B. Rs. 107000
C. Rs. 108000
D. Rs. 109000
Discuss
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Correct Answer: Option C

Explanation:
SI = 47520. P = 155520 - 47520 = 108000.
This question belongs to: Maths Simple Interest
Question #192
Rate when Rs. 287000 amounts to Rs. 373100 in 3 years
A. 12%
B. 10%
C. 9%
D. 8%
Discuss
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Correct Answer: Option B

Explanation:
SI = 86100. R = (86100 * 100)/(287000 * 3) = 10%.
This question belongs to: Maths Simple Interest
Question #193
Years for Rs. 294000 at 9% to give Rs. 158760 interest
A. 4 years
B. 6 years
C. 5 years
D. 7 years
Discuss
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Correct Answer: Option B

Explanation:
T = (158760 * 100)/(294000 * 9) = 6 years.
This question belongs to: Maths Simple Interest
Question #194
Simple interest on Rs. 178500 for 4 years at 10%
A. Rs. 71400
B. Rs. 71200
C. Rs. 71800
D. Rs. 71600
Discuss
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Correct Answer: Option A

Explanation:
SI = (178500 * 10 * 4)/100 = 71400.
This question belongs to: Maths Simple Interest
Question #195
Principal for Rs. 336000 interest in 7 years at 12%
A. Rs. 398000
B. Rs. 400000
C. Rs. 399000
D. Rs. 401000
Discuss
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Correct Answer: Option B

Explanation:
P = (336000 * 100)/(12 * 7) = 400000.
This question belongs to: Maths Simple Interest
Question #196
A sum at 6% SI for 8 years amounts to Rs. 201600. Principal
A. Rs. 125000
B. Rs. 127000
C. Rs. 126000
D. Rs. 124000
Discuss
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Correct Answer: Option C

Explanation:
SI = 75600. P = 201600 - 75600 = 126000.
This question belongs to: Maths Simple Interest
Question #197
Rate for Rs. 301000 to Rs. 391300 in 3 years SI
A. 9%
B. 12%
C. 10%
D. 8%
Discuss
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Correct Answer: Option C

Explanation:
SI = 90300. R = (90300 * 100)/(301000 * 3) = 10%.
This question belongs to: Maths Simple Interest
Question #198
Time for Rs. 308000 at 10% to amount Rs. 431200
A. 4 years
B. 6 years
C. 3 years
D. 5 years
Discuss
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Correct Answer: Option A

Explanation:
SI = 123200. T = (123200 * 100)/(308000 * 10) = 4 years.
This question belongs to: Maths Simple Interest
Question #199
SI on Rs. 185500 for 3 years at 14%
A. Rs. 77810
B. Rs. 78210
C. Rs. 77610
D. Rs. 78010
Discuss
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Correct Answer: Option A

Explanation:
SI = (185500 * 14 * 3)/100 = 77810.
This question belongs to: Maths Simple Interest
Question #200
The principal giving Rs. 369600 SI in 8 years at 11%
A. Rs. 418000
B. Rs. 419000
C. Rs. 420000
D. Rs. 421000
Discuss
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Correct Answer: Option C

Explanation:
P = (369600 * 100)/(11 * 8) = 420000.
This question belongs to: Maths Simple Interest

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