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 29 of 55
Question #561
Simple interest on Rs. 639000 for 3 years at 19% per annum is
A. Rs. 364030
B. Rs. 364230
C. Rs. 364630
D. Rs. 364430
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (639000 × 19 × 3)/100 = 364230.
This question belongs to: Maths Simple Interest
Question #562
The rate at which Rs. 648000 amounts to Rs. 842400 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 = 194400. R = (194400 × 100)/(648000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #563
Simple interest on Rs. 657000 for 2 years at 22% per annum is
A. Rs. 289480
B. Rs. 289080
C. Rs. 288880
D. Rs. 289280
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (657000 × 22 × 2)/100 = 289080.
This question belongs to: Maths Simple Interest
Question #564
The principal that gives Rs. 252000 interest in 6 years at 7% SI is
A. Rs. 601000
B. Rs. 599000
C. Rs. 600000
D. Rs. 598000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (252000 × 100)/(7 × 6) = 600000.
This question belongs to: Maths Simple Interest
Question #565
In how many years will Rs. 666000 amount to Rs. 932400 at 8% simple interest?
A. 4 years
B. 5 years
C. 7 years
D. 6 years
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 266400. T = (266400 × 100)/(666000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #566
A sum of Rs. 675000 amounts to Rs. 945000 in 4 years at simple interest. The rate is
A. 10%
B. 12%
C. 9%
D. 8%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 270000. R = (270000 × 100)/(675000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #567
Simple interest on Rs. 684000 for 3 years at 20% per annum is
A. Rs. 410800
B. Rs. 410400
C. Rs. 410600
D. Rs. 410200
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (684000 × 20 × 3)/100 = 410400.
This question belongs to: Maths Simple Interest
Question #568
The rate at which Rs. 693000 amounts to Rs. 900900 in 3 years is
A. 12%
B. 10%
C. 8%
D. 9%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 207900. R = (207900 × 100)/(693000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #569
Simple interest on Rs. 702000 for 2 years at 23% per annum is
A. Rs. 323120
B. Rs. 322920
C. Rs. 322720
D. Rs. 323320
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (702000 × 23 × 2)/100 = 322920.
This question belongs to: Maths Simple Interest
Question #570
The principal that gives Rs. 277200 interest in 7 years at 9% SI is
A. Rs. 441000
B. Rs. 439000
C. Rs. 438000
D. Rs. 440000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
P = (277200 × 100)/(9 × 7) = 440000.
This question belongs to: Maths Simple Interest
Question #571
A sum of Rs. 720000 amounts to Rs. 1008000 in 4 years at simple interest. The rate is
A. 8%
B. 9%
C. 12%
D. 10%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 288000. R = (288000 × 100)/(720000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #572
Simple interest on Rs. 729000 for 3 years at 21% per annum is
A. Rs. 459470
B. Rs. 459270
C. Rs. 459670
D. Rs. 459070
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (729000 × 21 × 3)/100 = 459270.
This question belongs to: Maths Simple Interest
Question #573
The rate at which Rs. 738000 amounts to Rs. 959400 in 3 years is
A. 9%
B. 12%
C. 8%
D. 10%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 221400. R = (221400 × 100)/(738000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #574
Simple interest on Rs. 747000 for 2 years at 24% per annum is
A. Rs. 358760
B. Rs. 358960
C. Rs. 358360
D. Rs. 358560
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (747000 × 24 × 2)/100 = 358560.
This question belongs to: Maths Simple Interest
Question #575
In how many years will Rs. 756000 amount to Rs. 1058400 at 8% simple interest?
A. 4 years
B. 5 years
C. 7 years
D. 6 years
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 302400. T = (302400 × 100)/(756000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #576
A sum of Rs. 765000 amounts to Rs. 1071000 in 4 years at simple interest. The rate is
A. 9%
B. 8%
C. 12%
D. 10%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 306000. R = (306000 × 100)/(765000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #577
Simple interest on Rs. 774000 for 3 years at 22% per annum is
A. Rs. 511040
B. Rs. 511240
C. Rs. 510840
D. Rs. 510640
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (774000 × 22 × 3)/100 = 510840.
This question belongs to: Maths Simple Interest
Question #578
The rate at which Rs. 783000 amounts to Rs. 1017900 in 3 years is
A. 9%
B. 10%
C. 8%
D. 12%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 234900. R = (234900 × 100)/(783000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #579
Simple interest on Rs. 792000 for 2 years at 25% per annum is
A. Rs. 395800
B. Rs. 396200
C. Rs. 396400
D. Rs. 396000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (792000 × 25 × 2)/100 = 396000.
This question belongs to: Maths Simple Interest
Question #580
The principal that gives Rs. 378000 interest in 9 years at 10% SI is
A. Rs. 419000
B. Rs. 418000
C. Rs. 420000
D. Rs. 421000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
P = (378000 × 100)/(10 × 9) = 420000.
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
Time Speed and Distance 761 Average 965 Percentage 680 Ratio and Proportion 446 Time and Work 446
Explore Subjects
Geography GK 6121 Static General Knowledge 6362 Maths 5575 Economy GK 2220 English 15164
Practice Mix
Select the most appropriate meaning of the idiom: 'A queer fish'.
x86-64 is also known as:
My eyes are tired because I ___ on the computer for hours.
He stands ___ the door.
Which railway system is designed exclusively for urban mass rapid transport?