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 49 of 55
Question #961
Simple interest on Rs. 3672000 for 2 years at 89% per annum is
A. Rs. 6536560
B. Rs. 6536360
C. Rs. 6535960
D. Rs. 6536160
Discuss
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Correct Answer: Option D

Explanation:
SI = (3672000 × 89 × 2)/100 = 6536160.
This question belongs to: Maths Simple Interest
Question #962
The principal that gives Rs. 12117600 interest in 9 years at 32% SI is
A. Rs. 4198000
B. Rs. 4199000
C. Rs. 4201000
D. Rs. 4200000
Discuss
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Correct Answer: Option D

Explanation:
P = (12117600 × 100)/(32 × 9) = 4200000.
This question belongs to: Maths Simple Interest
Question #963
In how many years will Rs. 3681000 amount to Rs. 5153400 at 8% simple interest?
A. 7 years
B. 5 years
C. 6 years
D. 4 years
Discuss
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Correct Answer: Option B

Explanation:
SI = 1472400. T = (1472400 × 100)/(3681000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #964
A sum of Rs. 3690000 amounts to Rs. 5166000 in 4 years at simple interest. The rate is
A. 9%
B. 12%
C. 10%
D. 8%
Discuss
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Correct Answer: Option C

Explanation:
SI = 1476000. R = (1476000 × 100)/(3690000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #965
Simple interest on Rs. 3699000 for 3 years at 87% per annum is
A. Rs. 9653890
B. Rs. 9653290
C. Rs. 9653690
D. Rs. 9653490
Discuss
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Correct Answer: Option D

Explanation:
SI = (3699000 × 87 × 3)/100 = 9653490.
This question belongs to: Maths Simple Interest
Question #966
The rate at which Rs. 3708000 amounts to Rs. 4820400 in 3 years is
A. 10%
B. 9%
C. 12%
D. 8%
Discuss
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Correct Answer: Option A

Explanation:
SI = 1112400. R = (1112400 × 100)/(3708000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #967
Simple interest on Rs. 3717000 for 2 years at 90% per annum is
A. Rs. 6690800
B. Rs. 6691000
C. Rs. 6690600
D. Rs. 6690400
Discuss
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Correct Answer: Option C

Explanation:
SI = (3717000 × 90 × 2)/100 = 6690600.
This question belongs to: Maths Simple Interest
Question #968
The principal that gives Rs. 12412800 interest in 8 years at 38% SI is
A. Rs. 4079000
B. Rs. 4078000
C. Rs. 4081000
D. Rs. 4080000
Discuss
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Correct Answer: Option D

Explanation:
P = (12412800 × 100)/(38 × 8) = 4080000.
This question belongs to: Maths Simple Interest
Question #969
In how many years will Rs. 3726000 amount to Rs. 5216400 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 = 1490400. T = (1490400 × 100)/(3726000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #970
A sum of Rs. 3735000 amounts to Rs. 5229000 in 4 years at simple interest. The rate is
A. 10%
B. 8%
C. 12%
D. 9%
Discuss
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Correct Answer: Option A

Explanation:
SI = 1494000. R = (1494000 × 100)/(3735000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #971
Simple interest on Rs. 3744000 for 3 years at 88% per annum is
A. Rs. 9884360
B. Rs. 9884160
C. Rs. 9883960
D. Rs. 9884560
Discuss
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Correct Answer: Option B

Explanation:
SI = (3744000 × 88 × 3)/100 = 9884160.
This question belongs to: Maths Simple Interest
Question #972
The rate at which Rs. 3753000 amounts to Rs. 4878900 in 3 years is
A. 8%
B. 9%
C. 12%
D. 10%
Discuss
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Correct Answer: Option D

Explanation:
SI = 1125900. R = (1125900 × 100)/(3753000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #973
Simple interest on Rs. 3762000 for 2 years at 91% per annum is
A. Rs. 6846840
B. Rs. 6846640
C. Rs. 6847240
D. Rs. 6847040
Discuss
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Correct Answer: Option A

Explanation:
SI = (3762000 × 91 × 2)/100 = 6846840.
This question belongs to: Maths Simple Interest
Question #974
The principal that gives Rs. 12693600 interest in 9 years at 33% SI is
A. Rs. 4281000
B. Rs. 4280000
C. Rs. 4279000
D. Rs. 4278000
Discuss
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Correct Answer: Option B

Explanation:
P = (12693600 × 100)/(33 × 9) = 4280000.
This question belongs to: Maths Simple Interest
Question #975
In how many years will Rs. 3771000 amount to Rs. 5279400 at 8% simple interest?
A. 4 years
B. 5 years
C. 6 years
D. 7 years
Discuss
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Correct Answer: Option B

Explanation:
SI = 1508400. T = (1508400 × 100)/(3771000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #976
A sum of Rs. 3780000 amounts to Rs. 5292000 in 4 years at simple interest. The rate is
A. 8%
B. 12%
C. 9%
D. 10%
Discuss
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Correct Answer: Option D

Explanation:
SI = 1512000. R = (1512000 × 100)/(3780000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #977
Simple interest on Rs. 3789000 for 3 years at 89% per annum is
A. Rs. 10110130
B. Rs. 10109930
C. Rs. 10109530
D. Rs. 10109730
Discuss
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Correct Answer: Option D

Explanation:
SI = (3789000 × 89 × 3)/100 = 10109730.
This question belongs to: Maths Simple Interest
Question #978
The rate at which Rs. 3798000 amounts to Rs. 4937400 in 3 years is
A. 8%
B. 9%
C. 10%
D. 12%
Discuss
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Correct Answer: Option C

Explanation:
SI = 1139400. R = (1139400 × 100)/(3798000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #979
Simple interest on Rs. 3807000 for 2 years at 92% per annum is
A. Rs. 7004680
B. Rs. 7005280
C. Rs. 7004880
D. Rs. 7005080
Discuss
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Correct Answer: Option C

Explanation:
SI = (3807000 × 92 × 2)/100 = 7004880.
This question belongs to: Maths Simple Interest
Question #980
The principal that gives Rs. 12974400 interest in 8 years at 39% SI is
A. Rs. 4149000
B. Rs. 4148000
C. Rs. 4150000
D. Rs. 4151000
Discuss
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Correct Answer: Option C

Explanation:
P = (12974400 × 100)/(39 × 8) = 4150000.
This question belongs to: Maths Simple Interest

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