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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Page 36 of 55
Question #701
Simple interest on Rs. 1719000 for 3 years at 43% per annum is
A. Rs. 2218410
B. Rs. 2218210
C. Rs. 2218610
D. Rs. 2218810
Discuss
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Correct Answer: Option A

Explanation:
SI = (1719000 × 43 × 3)/100 = 2218410.
This question belongs to: Maths Simple Interest
Question #702
The rate at which Rs. 1728000 amounts to Rs. 2246400 in 3 years is
A. 12%
B. 10%
C. 9%
D. 8%
Discuss
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Correct Answer: Option B

Explanation:
SI = 518400. R = (518400 × 100)/(1728000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #703
Simple interest on Rs. 1737000 for 2 years at 46% per annum is
A. Rs. 1597840
B. Rs. 1598440
C. Rs. 1598240
D. Rs. 1598040
Discuss
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Correct Answer: Option D

Explanation:
SI = (1737000 × 46 × 2)/100 = 1598040.
This question belongs to: Maths Simple Interest
Question #704
The principal that gives Rs. 2293200 interest in 8 years at 17% SI is
A. Rs. 1688500
B. Rs. 1685500
C. Rs. 1686500
D. Rs. 1687500
Discuss
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Correct Answer: Option D

Explanation:
P = (2293200 × 100)/(17 × 8) = 1687500.
This question belongs to: Maths Simple Interest
Question #705
In how many years will Rs. 1746000 amount to Rs. 2444400 at 8% simple interest?
A. 6 years
B. 7 years
C. 4 years
D. 5 years
Discuss
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Correct Answer: Option D

Explanation:
SI = 698400. T = (698400 × 100)/(1746000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #706
A sum of Rs. 1755000 amounts to Rs. 2457000 in 4 years at simple interest. The rate is
A. 12%
B. 9%
C. 8%
D. 10%
Discuss
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Correct Answer: Option D

Explanation:
SI = 702000. R = (702000 × 100)/(1755000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #707
Simple interest on Rs. 1764000 for 3 years at 44% per annum is
A. Rs. 2328280
B. Rs. 2328680
C. Rs. 2328480
D. Rs. 2328880
Discuss
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Correct Answer: Option C

Explanation:
SI = (1764000 × 44 × 3)/100 = 2328480.
This question belongs to: Maths Simple Interest
Question #708
The rate at which Rs. 1773000 amounts to Rs. 2304900 in 3 years is
A. 10%
B. 8%
C. 12%
D. 9%
Discuss
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Correct Answer: Option A

Explanation:
SI = 531900. R = (531900 × 100)/(1773000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #709
Simple interest on Rs. 1782000 for 2 years at 47% per annum is
A. Rs. 1675080
B. Rs. 1674880
C. Rs. 1675280
D. Rs. 1675480
Discuss
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Correct Answer: Option A

Explanation:
SI = (1782000 × 47 × 2)/100 = 1675080.
This question belongs to: Maths Simple Interest
Question #710
The principal that gives Rs. 2469600 interest in 9 years at 15% SI is
A. Rs. 1828000
B. Rs. 1830000
C. Rs. 1831000
D. Rs. 1829000
Discuss
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Correct Answer: Option B

Explanation:
P = (2469600 × 100)/(15 × 9) = 1830000.
This question belongs to: Maths Simple Interest
Question #711
In how many years will Rs. 1791000 amount to Rs. 2507400 at 8% simple interest?
A. 4 years
B. 6 years
C. 5 years
D. 7 years
Discuss
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Correct Answer: Option C

Explanation:
SI = 716400. T = (716400 × 100)/(1791000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #712
A sum of Rs. 1800000 amounts to Rs. 2520000 in 4 years at simple interest. The rate is
A. 10%
B. 8%
C. 9%
D. 12%
Discuss
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Correct Answer: Option A

Explanation:
SI = 720000. R = (720000 × 100)/(1800000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #713
Simple interest on Rs. 1809000 for 3 years at 45% per annum is
A. Rs. 2442350
B. Rs. 2441950
C. Rs. 2442550
D. Rs. 2442150
Discuss
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Correct Answer: Option D

Explanation:
SI = (1809000 × 45 × 3)/100 = 2442150.
This question belongs to: Maths Simple Interest
Question #714
The rate at which Rs. 1818000 amounts to Rs. 2363400 in 3 years is
A. 8%
B. 10%
C. 9%
D. 12%
Discuss
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Correct Answer: Option B

Explanation:
SI = 545400. R = (545400 × 100)/(1818000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #715
Simple interest on Rs. 1827000 for 2 years at 48% per annum is
A. Rs. 1753920
B. Rs. 1753720
C. Rs. 1754120
D. Rs. 1754320
Discuss
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Correct Answer: Option A

Explanation:
SI = (1827000 × 48 × 2)/100 = 1753920.
This question belongs to: Maths Simple Interest
Question #716
The principal that gives Rs. 2646000 interest in 8 years at 17% SI is
A. Rs. 1942500
B. Rs. 1941500
C. Rs. 1940500
D. Rs. 1943500
Discuss
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Correct Answer: Option A

Explanation:
P = (2646000 × 100)/(17 × 8) = 1942500.
This question belongs to: Maths Simple Interest
Question #717
In how many years will Rs. 1836000 amount to Rs. 2570400 at 8% simple interest?
A. 4 years
B. 5 years
C. 7 years
D. 6 years
Discuss
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Correct Answer: Option B

Explanation:
SI = 734400. T = (734400 × 100)/(1836000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #718
A sum of Rs. 1845000 amounts to Rs. 2583000 in 4 years at simple interest. The rate is
A. 8%
B. 10%
C. 12%
D. 9%
Discuss
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Correct Answer: Option B

Explanation:
SI = 738000. R = (738000 × 100)/(1845000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #719
Simple interest on Rs. 1854000 for 3 years at 46% per annum is
A. Rs. 2558720
B. Rs. 2558320
C. Rs. 2558920
D. Rs. 2558520
Discuss
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Correct Answer: Option D

Explanation:
SI = (1854000 × 46 × 3)/100 = 2558520.
This question belongs to: Maths Simple Interest
Question #720
The rate at which Rs. 1863000 amounts to Rs. 2421900 in 3 years is
A. 10%
B. 9%
C. 8%
D. 12%
Discuss
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Correct Answer: Option A

Explanation:
SI = 558900. R = (558900 × 100)/(1863000 × 3) = 10%.
This question belongs to: Maths Simple Interest

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