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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Practice Questions

Page 46 of 55
Question #901
Simple interest on Rs. 3222000 for 2 years at 79% per annum is
A. Rs. 5091160
B. Rs. 5090960
C. Rs. 5090760
D. Rs. 5090560
Discuss
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Correct Answer: Option C

Explanation:
SI = (3222000 × 79 × 2)/100 = 5090760.
This question belongs to: Maths Simple Interest
Question #902
The principal that gives Rs. 9709200 interest in 9 years at 27% SI is
A. Rs. 4001000
B. Rs. 3999000
C. Rs. 3998000
D. Rs. 4000000
Discuss
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Correct Answer: Option D

Explanation:
P = (9709200 × 100)/(27 × 9) = 4000000.
This question belongs to: Maths Simple Interest
Question #903
In how many years will Rs. 3231000 amount to Rs. 4523400 at 8% simple interest?
A. 6 years
B. 5 years
C. 4 years
D. 7 years
Discuss
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Correct Answer: Option B

Explanation:
SI = 1292400. T = (1292400 × 100)/(3231000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #904
A sum of Rs. 3240000 amounts to Rs. 4536000 in 4 years at simple interest. The rate is
A. 9%
B. 8%
C. 10%
D. 12%
Discuss
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Correct Answer: Option C

Explanation:
SI = 1296000. R = (1296000 × 100)/(3240000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #905
Simple interest on Rs. 3249000 for 3 years at 77% per annum is
A. Rs. 7505910
B. Rs. 7506310
C. Rs. 7506110
D. Rs. 7505710
Discuss
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Correct Answer: Option A

Explanation:
SI = (3249000 × 77 × 3)/100 = 7505910.
This question belongs to: Maths Simple Interest
Question #906
The rate at which Rs. 3258000 amounts to Rs. 4235400 in 3 years is
A. 9%
B. 12%
C. 10%
D. 8%
Discuss
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Correct Answer: Option C

Explanation:
SI = 977400. R = (977400 × 100)/(3258000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #907
Simple interest on Rs. 3267000 for 2 years at 80% per annum is
A. Rs. 5227000
B. Rs. 5227600
C. Rs. 5227200
D. Rs. 5227400
Discuss
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Correct Answer: Option C

Explanation:
SI = (3267000 × 80 × 2)/100 = 5227200.
This question belongs to: Maths Simple Interest
Question #908
The principal that gives Rs. 9907200 interest in 8 years at 33% SI is
A. Rs. 3749000
B. Rs. 3751000
C. Rs. 3748000
D. Rs. 3750000
Discuss
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Correct Answer: Option D

Explanation:
P = (9907200 × 100)/(33 × 8) = 3750000.
This question belongs to: Maths Simple Interest
Question #909
In how many years will Rs. 3276000 amount to Rs. 4586400 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 = 1310400. T = (1310400 × 100)/(3276000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #910
A sum of Rs. 3285000 amounts to Rs. 4599000 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 = 1314000. R = (1314000 × 100)/(3285000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #911
Simple interest on Rs. 3294000 for 3 years at 78% per annum is
A. Rs. 7712560
B. Rs. 7712760
C. Rs. 7712960
D. Rs. 7713160
Discuss
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Correct Answer: Option B

Explanation:
SI = (3294000 × 78 × 3)/100 = 7712760.
This question belongs to: Maths Simple Interest
Question #912
The rate at which Rs. 3303000 amounts to Rs. 4293900 in 3 years is
A. 9%
B. 8%
C. 10%
D. 12%
Discuss
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Correct Answer: Option C

Explanation:
SI = 990900. R = (990900 × 100)/(3303000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #913
Simple interest on Rs. 3312000 for 2 years at 81% per annum is
A. Rs. 5365440
B. Rs. 5365840
C. Rs. 5365640
D. Rs. 5365240
Discuss
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Correct Answer: Option A

Explanation:
SI = (3312000 × 81 × 2)/100 = 5365440.
This question belongs to: Maths Simple Interest
Question #914
The principal that gives Rs. 10094400 interest in 9 years at 28% SI is
A. Rs. 3999000
B. Rs. 3998000
C. Rs. 4001000
D. Rs. 4000000
Discuss
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Correct Answer: Option D

Explanation:
P = (10094400 × 100)/(28 × 9) = 4000000.
This question belongs to: Maths Simple Interest
Question #915
In how many years will Rs. 3321000 amount to Rs. 4649400 at 8% simple interest?
A. 7 years
B. 4 years
C. 5 years
D. 6 years
Discuss
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Correct Answer: Option C

Explanation:
SI = 1328400. T = (1328400 × 100)/(3321000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #916
A sum of Rs. 3330000 amounts to Rs. 4662000 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 = 1332000. R = (1332000 × 100)/(3330000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #917
Simple interest on Rs. 3339000 for 3 years at 79% per annum is
A. Rs. 7915930
B. Rs. 7915730
C. Rs. 7915330
D. Rs. 7915530
Discuss
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Correct Answer: Option D

Explanation:
SI = (3339000 × 79 × 3)/100 = 7915530.
This question belongs to: Maths Simple Interest
Question #918
The rate at which Rs. 3348000 amounts to Rs. 4352400 in 3 years is
A. 10%
B. 12%
C. 9%
D. 8%
Discuss
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Correct Answer: Option A

Explanation:
SI = 1004400. R = (1004400 × 100)/(3348000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #919
Simple interest on Rs. 3357000 for 2 years at 82% per annum is
A. Rs. 5505480
B. Rs. 5505680
C. Rs. 5505280
D. Rs. 5505880
Discuss
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Correct Answer: Option A

Explanation:
SI = (3357000 × 82 × 2)/100 = 5505480.
This question belongs to: Maths Simple Interest
Question #920
The principal that gives Rs. 10306800 interest in 8 years at 34% SI is
A. Rs. 3793000
B. Rs. 3794000
C. Rs. 3796000
D. Rs. 3795000
Discuss
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Correct Answer: Option D

Explanation:
P = (10306800 × 100)/(34 × 8) = 3795000.
This question belongs to: Maths Simple Interest

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