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 45 of 55
Question #881
Simple interest on Rs. 3069000 for 3 years at 73% per annum is
A. Rs. 6720770
B. Rs. 6720970
C. Rs. 6720570
D. Rs. 6720370
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Correct Answer: Option C

Explanation:
SI = (3069000 × 73 × 3)/100 = 6720570.
This question belongs to: Maths Simple Interest
Question #882
The rate at which Rs. 3078000 amounts to Rs. 4001400 in 3 years is
A. 12%
B. 10%
C. 9%
D. 8%
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Correct Answer: Option B

Explanation:
SI = 923400. R = (923400 × 100)/(3078000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #883
Simple interest on Rs. 3087000 for 2 years at 76% per annum is
A. Rs. 4692040
B. Rs. 4692640
C. Rs. 4692240
D. Rs. 4692440
Discuss
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Correct Answer: Option C

Explanation:
SI = (3087000 × 76 × 2)/100 = 4692240.
This question belongs to: Maths Simple Interest
Question #884
The principal that gives Rs. 8323200 interest in 8 years at 31% SI is
A. Rs. 3351000
B. Rs. 3348000
C. Rs. 3349000
D. Rs. 3350000
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Correct Answer: Option D

Explanation:
P = (8323200 × 100)/(31 × 8) = 3350000.
This question belongs to: Maths Simple Interest
Question #885
In how many years will Rs. 3096000 amount to Rs. 4334400 at 8% simple interest?
A. 7 years
B. 5 years
C. 4 years
D. 6 years
Discuss
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Correct Answer: Option B

Explanation:
SI = 1238400. T = (1238400 × 100)/(3096000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #886
A sum of Rs. 3105000 amounts to Rs. 4347000 in 4 years at simple interest. The rate is
A. 10%
B. 9%
C. 8%
D. 12%
Discuss
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Correct Answer: Option A

Explanation:
SI = 1242000. R = (1242000 × 100)/(3105000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #887
Simple interest on Rs. 3114000 for 3 years at 74% per annum is
A. Rs. 6911920
B. Rs. 6912320
C. Rs. 6912120
D. Rs. 6912520
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Correct Answer: Option C

Explanation:
SI = (3114000 × 74 × 3)/100 = 6912120.
This question belongs to: Maths Simple Interest
Question #888
The rate at which Rs. 3123000 amounts to Rs. 4060000 approx in 3 years is adjusted to exact 10%
A. 8%
B. 9%
C. 12%
D. 10%
Discuss
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Correct Answer: Option D

Explanation:
SI = 937000 approx, R = 10%.
This question belongs to: Maths Simple Interest
Question #889
Simple interest on Rs. 3132000 for 2 years at 77% per annum is
A. Rs. 4823280
B. Rs. 4823680
C. Rs. 4823080
D. Rs. 4823480
Discuss
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Correct Answer: Option A

Explanation:
SI = (3132000 × 77 × 2)/100 = 4823280.
This question belongs to: Maths Simple Interest
Question #890
The principal that gives Rs. 9126000 interest in 9 years at 26% SI is
A. Rs. 3901000
B. Rs. 3900000
C. Rs. 3898000
D. Rs. 3899000
Discuss
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Correct Answer: Option B

Explanation:
P = (9126000 × 100)/(26 × 9) = 3900000.
This question belongs to: Maths Simple Interest
Question #891
In how many years will Rs. 3141000 amount to Rs. 4397400 at 8% simple interest?
A. 4 years
B. 6 years
C. 7 years
D. 5 years
Discuss
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Correct Answer: Option D

Explanation:
SI = 1256400. T = (1256400 × 100)/(3141000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #892
A sum of Rs. 3150000 amounts to Rs. 4410000 in 4 years at simple interest. The rate is
A. 10%
B. 9%
C. 12%
D. 8%
Discuss
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Correct Answer: Option A

Explanation:
SI = 1260000. R = (1260000 × 100)/(3150000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #893
Simple interest on Rs. 3159000 for 3 years at 75% per annum is
A. Rs. 7110950
B. Rs. 7110750
C. Rs. 7110550
D. Rs. 7111150
Discuss
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Correct Answer: Option B

Explanation:
SI = (3159000 × 75 × 3)/100 = 7110750.
This question belongs to: Maths Simple Interest
Question #894
The rate at which Rs. 3168000 amounts to Rs. 4118400 in 3 years is
A. 12%
B. 9%
C. 8%
D. 10%
Discuss
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Correct Answer: Option D

Explanation:
SI = 950400. R = (950400 × 100)/(3168000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #895
Simple interest on Rs. 3177000 for 2 years at 78% per annum is
A. Rs. 4955920
B. Rs. 4956120
C. Rs. 4956520
D. Rs. 4956320
Discuss
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Correct Answer: Option B

Explanation:
SI = (3177000 × 78 × 2)/100 = 4956120.
This question belongs to: Maths Simple Interest
Question #896
The principal that gives Rs. 9514800 interest in 8 years at 32% SI is
A. Rs. 3710500
B. Rs. 3713500
C. Rs. 3711500
D. Rs. 3712500
Discuss
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Correct Answer: Option D

Explanation:
P = (9514800 × 100)/(32 × 8) = 3712500.
This question belongs to: Maths Simple Interest
Question #897
In how many years will Rs. 3186000 amount to Rs. 4460400 at 8% simple interest?
A. 7 years
B. 6 years
C. 5 years
D. 4 years
Discuss
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Correct Answer: Option C

Explanation:
SI = 1274400. T = (1274400 × 100)/(3186000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #898
A sum of Rs. 3195000 amounts to Rs. 4473000 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 = 1278000. R = (1278000 × 100)/(3195000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #899
Simple interest on Rs. 3204000 for 3 years at 76% per annum is
A. Rs. 7305120
B. Rs. 7305320
C. Rs. 7305520
D. Rs. 7304920
Discuss
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Correct Answer: Option A

Explanation:
SI = (3204000 × 76 × 3)/100 = 7305120.
This question belongs to: Maths Simple Interest
Question #900
The rate at which Rs. 3213000 amounts to Rs. 4176900 in 3 years is
A. 10%
B. 12%
C. 8%
D. 9%
Discuss
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Correct Answer: Option A

Explanation:
SI = 963900. R = (963900 × 100)/(3213000 × 3) = 10%.
This question belongs to: Maths Simple Interest

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