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 53 of 55
Question #1041
In how many years will Rs. 4266000 amount to Rs. 5972400 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 = 1706400. T = (1706400 × 100)/(4266000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #1042
A sum of Rs. 4275000 amounts to Rs. 5985000 in 4 years at simple interest. The rate is
A. 9%
B. 10%
C. 12%
D. 8%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 1710000. R = (1710000 × 100)/(4275000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #1043
Simple interest on Rs. 4284000 for 3 years at 100% per annum is
A. Rs. 12852200
B. Rs. 12852400
C. Rs. 12851800
D. Rs. 12852000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (4284000 × 100 × 3)/100 = 12852000.
This question belongs to: Maths Simple Interest
Question #1044
The rate at which Rs. 4293000 amounts to Rs. 5580900 in 3 years is
A. 8%
B. 10%
C. 9%
D. 12%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 1287900. R = (1287900 × 100)/(4293000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #1045
Simple interest on Rs. 4302000 for 2 years at 101% per annum is
A. Rs. 8690240
B. Rs. 8690040
C. Rs. 8689840
D. Rs. 8690440
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (4302000 × 101 × 2)/100 = 8690040.
This question belongs to: Maths Simple Interest
Question #1046
The principal that gives Rs. 16128000 interest in 9 years at 37% SI is
A. Rs. 4836500
B. Rs. 4835500
C. Rs. 4838500
D. Rs. 4837500
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
P = (16128000 × 100)/(37 × 9) = 4837500.
This question belongs to: Maths Simple Interest
Question #1047
In how many years will Rs. 4311000 amount to Rs. 6035400 at 8% simple interest?
A. 6 years
B. 5 years
C. 4 years
D. 7 years
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 1724400. T = (1724400 × 100)/(4311000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #1048
A sum of Rs. 4320000 amounts to Rs. 6048000 in 4 years at simple interest. The rate is
A. 10%
B. 9%
C. 12%
D. 8%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 1728000. R = (1728000 × 100)/(4320000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #1049
Simple interest on Rs. 4329000 for 3 years at 101% per annum is
A. Rs. 13119370
B. Rs. 13118770
C. Rs. 13118970
D. Rs. 13119170
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option C

Explanation:
SI = (4329000 × 101 × 3)/100 = 13118970.
This question belongs to: Maths Simple Interest
Question #1050
The rate at which Rs. 4338000 amounts to Rs. 5640000 approx in 3 years is adjusted to exact 10%
A. 12%
B. 10%
C. 8%
D. 9%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 1301400 approx, R = 10%.
This question belongs to: Maths Simple Interest
Question #1051
Simple interest on Rs. 4347000 for 2 years at 102% per annum is
A. Rs. 8868080
B. Rs. 8867880
C. Rs. 8867680
D. Rs. 8868280
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (4347000 × 102 × 2)/100 = 8867880.
This question belongs to: Maths Simple Interest
Question #1052
The principal that gives Rs. 16416000 interest in 8 years at 45% SI is
A. Rs. 4550000
B. Rs. 4551000
C. Rs. 4548000
D. Rs. 4549000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (16416000 × 100)/(45 × 8) = 4550000.
This question belongs to: Maths Simple Interest
Question #1053
In how many years will Rs. 4356000 amount to Rs. 6098400 at 8% simple interest?
A. 7 years
B. 4 years
C. 6 years
D. 5 years
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 1742400. T = (1742400 × 100)/(4356000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #1054
A sum of Rs. 4365000 amounts to Rs. 6111000 in 4 years at simple interest. The rate is
A. 8%
B. 10%
C. 9%
D. 12%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = 1746000. R = (1746000 × 100)/(4365000 × 4) = 10%.
This question belongs to: Maths Simple Interest
Question #1055
Simple interest on Rs. 4374000 for 3 years at 102% per annum is
A. Rs. 13389880
B. Rs. 13389480
C. Rs. 13389680
D. Rs. 13389280
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option B

Explanation:
SI = (4374000 × 102 × 3)/100 = 13389480.
This question belongs to: Maths Simple Interest
Question #1056
The rate at which Rs. 4383000 amounts to Rs. 5697900 in 3 years is
A. 12%
B. 8%
C. 9%
D. 10%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = 1314900. R = (1314900 × 100)/(4383000 × 3) = 10%.
This question belongs to: Maths Simple Interest
Question #1057
Simple interest on Rs. 4392000 for 2 years at 103% per annum is
A. Rs. 9047320
B. Rs. 9047720
C. Rs. 9047920
D. Rs. 9047520
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option D

Explanation:
SI = (4392000 × 103 × 2)/100 = 9047520.
This question belongs to: Maths Simple Interest
Question #1058
The principal that gives Rs. 16704000 interest in 9 years at 38% SI is
A. Rs. 4880000
B. Rs. 4881000
C. Rs. 4879000
D. Rs. 4878000
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
P = (16704000 × 100)/(38 × 9) = 4880000.
This question belongs to: Maths Simple Interest
Question #1059
In how many years will Rs. 4401000 amount to Rs. 6161400 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 = 1760400. T = (1760400 × 100)/(4401000 × 8) = 5 years.
This question belongs to: Maths Simple Interest
Question #1060
A sum of Rs. 4410000 amounts to Rs. 6174000 in 4 years at simple interest. The rate is
A. 10%
B. 8%
C. 9%
D. 12%
Discuss
Get Complete Subject PDF for Maths

Correct Answer: Option A

Explanation:
SI = 1764000. R = (1764000 × 100)/(4410000 × 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?