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.

1090
Total Questions

Practice Questions

Page 20 of 55
Question #381
Simple interest on Rs. 261000 for 2 years at 13% per annum is
A. Rs. 67860
B. Rs. 68060
C. Rs. 68260
D. Rs. 67660
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (261000 × 13 × 2)/100 = 67860.
This question belongs to: Maths Simple Interest
Question #382
The principal that gives Rs. 113400 interest in 9 years at 7% SI is
A. Rs. 180000
B. Rs. 178000
C. Rs. 181000
D. Rs. 179000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (113400 × 100)/(7 × 9) = 180000.
This question belongs to: Maths Simple Interest
Question #383
In how many years will Rs. 279000 amount to Rs. 390600 at 8% simple interest?
A. 6 years
B. 7 years
C. 5 years
D. 4 years
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 111600. T = (111600 × 100)/(279000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #384
A sum of Rs. 162000 amounts to Rs. 226800 in 4 years at simple interest. The rate is
A. 10%
B. 8%
C. 12%
D. 9%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 64800. R = (64800 × 100)/(162000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #385
Simple interest on Rs. 288000 for 3 years at 11% per annum is
A. Rs. 94840
B. Rs. 95040
C. Rs. 95240
D. Rs. 95440
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (288000 × 11 × 3)/100 = 95040.
This question belongs to: Maths Simple Interest
Question #386
The rate at which Rs. 216000 amounts to Rs. 280800 in 3 years is
A. 8%
B. 12%
C. 10%
D. 9%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 64800. R = (64800 × 100)/(216000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #387
Simple interest on Rs. 297000 for 2 years at 14% per annum is
A. Rs. 83160
B. Rs. 82960
C. Rs. 83560
D. Rs. 83360
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (297000 × 14 × 2)/100 = 83160.
This question belongs to: Maths Simple Interest
Question #388
The principal that gives Rs. 126000 interest in 8 years at 9% SI is
A. Rs. 173000
B. Rs. 176000
C. Rs. 174000
D. Rs. 175000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
P = (126000 × 100)/(9 × 8) = 175000.
This question belongs to: Maths Simple Interest
Question #389
In how many years will Rs. 315000 amount to Rs. 441000 at 8% simple interest?
A. 5 years
B. 6 years
C. 7 years
D. 4 years
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 126000. T = (126000 × 100)/(315000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #390
A sum of Rs. 180000 amounts to Rs. 252000 in 4 years at simple interest. The rate is
A. 9%
B. 12%
C. 8%
D. 10%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 72000. R = (72000 × 100)/(180000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #391
Simple interest on Rs. 324000 for 3 years at 12% per annum is
A. Rs. 116640
B. Rs. 116440
C. Rs. 116840
D. Rs. 117040
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (324000 × 12 × 3)/100 = 116640.
This question belongs to: Maths Simple Interest
Question #392
The rate at which Rs. 234000 amounts to Rs. 304200 in 3 years is
A. 8%
B. 10%
C. 9%
D. 12%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 70200. R = (70200 × 100)/(234000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #393
Simple interest on Rs. 333000 for 2 years at 15% per annum is
A. Rs. 100100
B. Rs. 99700
C. Rs. 99900
D. Rs. 100300
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (333000 × 15 × 2)/100 = 99900.
This question belongs to: Maths Simple Interest
Question #394
The principal that gives Rs. 151200 interest in 9 years at 8% SI is
A. Rs. 210000
B. Rs. 209000
C. Rs. 208000
D. Rs. 211000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (151200 × 100)/(8 × 9) = 210000.
This question belongs to: Maths Simple Interest
Question #395
In how many years will Rs. 351000 amount to Rs. 491400 at 8% simple interest?
A. 5 years
B. 7 years
C. 6 years
D. 4 years
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 140400. T = (140400 × 100)/(351000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #396
A sum of Rs. 198000 amounts to Rs. 277200 in 4 years at simple interest. The rate is
A. 12%
B. 9%
C. 10%
D. 8%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 79200. R = (79200 × 100)/(198000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #397
Simple interest on Rs. 360000 for 3 years at 13% per annum is
A. Rs. 140400
B. Rs. 140200
C. Rs. 140800
D. Rs. 140600
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (360000 × 13 × 3)/100 = 140400.
This question belongs to: Maths Simple Interest
Question #398
The rate at which Rs. 252000 amounts to Rs. 327600 in 3 years is
A. 12%
B. 9%
C. 8%
D. 10%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 75600. R = (75600 × 100)/(252000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #399
Simple interest on Rs. 369000 for 2 years at 16% per annum is
A. Rs. 117880
B. Rs. 118280
C. Rs. 118480
D. Rs. 118080
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (369000 × 16 × 2)/100 = 118080.
This question belongs to: Maths Simple Interest
Question #400
The principal that gives Rs. 176400 interest in 7 years at 9% SI is
A. Rs. 278000
B. Rs. 280000
C. Rs. 279000
D. Rs. 281000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
P = (176400 × 100)/(9 × 7) = 280000.
This question belongs to: Maths Simple Interest

More Maths Topics

Average MCQs
Compound Interest MCQs
Percentage MCQs
Profit And Loss MCQs
Ratio and Proportion MCQs
Time and Work MCQs
Time Speed and Distance MCQs
Today's Top Topics
Profit And Loss 616 Average 965 Time and Work 446 Ratio and Proportion 446 Percentage 680
Explore Subjects
Reasoning 2064 Accountancy and Statistics 3179 Geography GK 6121 Maths 5575 Economy GK 2220
Practice Mix
The Hunter Commission was appointed to investigate which incident?
Find the missing term: 4, 9, 16, 25, ?
If 'pen' is called 'pencil', 'pencil' is called 'eraser', 'eraser' is called 'book', what is used to erase mistakes?
In Windows, which command is used to list all running services?
Which of the following is a characteristic of a good question in a questionnaire?