Simple Interest MCQs
Practice free Simple Interest multiple-choice questions with instant answer feedback and step-by-step solutions. Click an option to check yourself, reveal the full explanation, and work through all 21 questions — no login required.
Question 1easy
If the amount obtained by A by investing Rs. 9,100 for three years at a rate of 10% p.a. on simple interest is equal to the amount obtained by B by investing a certain sum of money for five year at a rate of 8% p.a. on simple interest, then 90% of the sum invested by B (in Rs.) is:
Question 2easy
A sum of money at simple interest amounts of Rs. 6,000 in 4 years and to Rs. 6,750 in 7 years at the same rate percent p.a. of interest. The sum (in Rs.) is:
Question 3easy
Tushar borrowed a sum of Rs. 12000 at 15% per annum from a money - lender on 13th January, 1987 and return the amount on 8th June, 1987 to clear his debt. Then the amount paid by Tushar to the money - lender to clear his debt was = ?
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Question 4easy
Simple interest on a certain sum one-fourth of the sum and the interest rate percentage per annum is 4 times the numbers of years. If the rate of interest increases by 2%, then what will be the simple interest (in Rs.) on Rs. 5,000 for 3 years?
Question 5easy
A person deposited Rs. 15,600 in a fixed deposit at 10% per annum
simple interest. After every second year he adds his interest earned to
the principal. The interest at the end of 4 years is:
Question 6easy
The simple interest on Rs. 7,300 at 15% p.a. from 28th April to 4th November, approximately is
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Question 7easy
A sum lent out at simple interest amounts to Rs. 6,076 in 1 year and
Rs. 7,504 in 4 years. The sum and the rate of interest p.a. are respectively:
Question 8easy
A certain sum is lent at 4% per annum for 3 years 8% per annum for next 4 years and 12% per annum beyond 7 years. If for a period of 11 years, the simple interest obtained is Rs. 27,600, then the sum is (in Rs.):
Question 9easy
If x, y, z are three sums of money such that y is the simple interest on x, z is the simple interest on y for the same time and at the same rate of interest, then we have.