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 41 of 55
Question #801
In how many years will Rs. 2466000 amount to Rs. 3452400 at 8% simple interest?
A. 6 years
B. 4 years
C. 5 years
D. 7 years
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 986400. T = (986400 × 100)/(2466000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #802
A sum of Rs. 2475000 amounts to Rs. 3465000 in 4 years at simple interest. The rate is
A. 12%
B. 10%
C. 8%
D. 9%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 990000. R = (990000 × 100)/(2475000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #803
Simple interest on Rs. 2484000 for 3 years at 60% per annum is
A. Rs. 4471600
B. Rs. 4471400
C. Rs. 4471200
D. Rs. 4471000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (2484000 × 60 × 3)/100 = 4471200.
This question belongs to: Maths Simple Interest
Question #804
The rate at which Rs. 2493000 amounts to Rs. 3240900 in 3 years is
A. 8%
B. 9%
C. 12%
D. 10%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 747900. R = (747900 × 100)/(2493000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #805
Simple interest on Rs. 2502000 for 2 years at 63% per annum is
A. Rs. 3152320
B. Rs. 3152920
C. Rs. 3152720
D. Rs. 3152520
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (2502000 × 63 × 2)/100 = 3152520.
This question belongs to: Maths Simple Interest
Question #806
The principal that gives Rs. 5300400 interest in 9 years at 21% SI is
A. Rs. 2801000
B. Rs. 2798000
C. Rs. 2799000
D. Rs. 2800000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
P = (5300400 × 100)/(21 × 9) = 2800000.
This question belongs to: Maths Simple Interest
Question #807
In how many years will Rs. 2511000 amount to Rs. 3515400 at 8% simple interest?
A. 6 years
B. 4 years
C. 5 years
D. 7 years
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 1004400. T = (1004400 × 100)/(2511000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #808
A sum of Rs. 2520000 amounts to Rs. 3528000 in 4 years at simple interest. The rate is
A. 10%
B. 12%
C. 8%
D. 9%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 1008000. R = (1008000 × 100)/(2520000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #809
Simple interest on Rs. 2529000 for 3 years at 61% per annum is
A. Rs. 4629670
B. Rs. 4629470
C. Rs. 4629270
D. Rs. 4629070
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (2529000 × 61 × 3)/100 = 4629270.
This question belongs to: Maths Simple Interest
Question #810
The rate at which Rs. 2538000 amounts to Rs. 3299400 in 3 years is
A. 9%
B. 8%
C. 12%
D. 10%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 761400. R = (761400 × 100)/(2538000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #811
Simple interest on Rs. 2547000 for 2 years at 64% per annum is
A. Rs. 3258520
B. Rs. 3259120
C. Rs. 3258720
D. Rs. 3258920
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (2547000 × 64 × 2)/100 = 3258720.
This question belongs to: Maths Simple Interest
Question #812
The principal that gives Rs. 5475600 interest in 8 years at 25% SI is
A. Rs. 2736800
B. Rs. 2737800
C. Rs. 2735800
D. Rs. 2738800
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
P = (5475600 × 100)/(25 × 8) = 2737800.
This question belongs to: Maths Simple Interest
Question #813
In how many years will Rs. 2556000 amount to Rs. 3578400 at 8% simple interest?
A. 5 years
B. 6 years
C. 4 years
D. 7 years
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 1022400. T = (1022400 × 100)/(2556000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #814
A sum of Rs. 2565000 amounts to Rs. 3591000 in 4 years at simple interest. The rate is
A. 8%
B. 10%
C. 12%
D. 9%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 1026000. R = (1026000 × 100)/(2565000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #815
Simple interest on Rs. 2574000 for 3 years at 62% per annum is
A. Rs. 4787640
B. Rs. 4787440
C. Rs. 4788040
D. Rs. 4787840
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (2574000 × 62 × 3)/100 = 4787640.
This question belongs to: Maths Simple Interest
Question #816
The rate at which Rs. 2583000 amounts to Rs. 3357900 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 = 774900. R = (774900 × 100)/(2583000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #817
Simple interest on Rs. 2592000 for 2 years at 65% per annum is
A. Rs. 3370000 approx adjusted
B. Rs. 3369600
C. Rs. 3370200
D. Rs. 3369800
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = (2592000 × 65 × 2)/100 = 3369600.
This question belongs to: Maths Simple Interest
Question #818
The principal that gives Rs. 5644800 interest in 9 years at 22% SI is
A. Rs. 2846000
B. Rs. 2848000
C. Rs. 2847000
D. Rs. 2849000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
P = (5644800 × 100)/(22 × 9) = 2848000.
This question belongs to: Maths Simple Interest
Question #819
In how many years will Rs. 2601000 amount to Rs. 3641400 at 8% simple interest?
A. 7 years
B. 6 years
C. 5 years
D. 4 years
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 1040400. T = (1040400 × 100)/(2601000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #820
A sum of Rs. 2610000 amounts to Rs. 3654000 in 4 years at simple interest. The rate is
A. 8%
B. 12%
C. 10%
D. 9%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = 1044000. R = (1044000 × 100)/(2610000 × 4) = 10%.
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?