1502 + Mcqs in Simple Interest Page 21 McqOptions

1001.	Find simple interest on Rs.5000/- at 12% p.a. for 73 days?
A.	Rs. 100
B.	Rs. 120
C.	Rs. 140
D.	Rs. 160
Answer» C. Rs. 140

Discussion

1002.	Find simple interest on Rs.6000/- at 10% p.a. for 2 years 3 months?
A.	Rs. 350
B.	Rs. 750
C.	Rs. 1050
D.	Rs. 1350
Answer» E.

Discussion

1003.	Find simple interest on Rs.4000/- at 15% p.a. for 9 months?
A.	Rs. 450
B.	Rs. 550
C.	Rs. 650
D.	Rs. 750
Answer» B. Rs. 550

Discussion

1004.	Find the simple interest on Rs.3000/- at 5 1/3% p.a. for 2 ½ years?
A.	Rs. 100
B.	Rs. 200
C.	Rs. 400
D.	Rs. 500
Answer» D. Rs. 500

Discussion

1005.	Find simple interest on Rs.6000/- at 7 ½% p.a. for 3 years?
A.	Rs. 1050
B.	Rs. 1350
C.	Rs. 1750
D.	Rs. 2150
Answer» C. Rs. 1750

Discussion

1006.	Find simple interest on Rs.5000/- at 12% p.a, for 2 years?
A.	Rs. 600
B.	Rs. 800
C.	Rs. 1000
D.	Rs. 1200
Answer» E.

Discussion

1007.	An employ sell a t.v for Rs.9000/- with 10% simple interest for 5 years on an installment basis. Then How much amount he paid for each installment?
A.	Rs. 1500
B.	Rs. 3000
C.	Rs. 4500
D.	Rs. 6000
Answer» B. Rs. 3000

Discussion

1008.	The borrow taken by a man, for every 6 years it will be 3 times, then how much time it will be taken For 8 times:
A.	12 Years
B.	17 Years
C.	21 Years
D.	29 Years
Answer» D. 29 Years

Discussion

1009.	A borrow taken by a man, for every 5 years it will be doubled, then how much time it will be taken
A.	10 years
B.	15 years
C.	20 years
D.	25 years
Answer» C. 20 years

Discussion

1010.	A borrow took by a man, for every 12 years it will be 5 times, then what is the rate of the interest?
A.	63 1/3%
B.	53 1/3%
C.	43 1/3%
D.	33 1/3%
Answer» E.

Discussion

1011.	A borrow took by a man, for every 8 years it will be 3 times, then what is the rate of the interest?
A.	1 %
B.	5 %
C.	15 %
D.	25 %
Answer» E.

Discussion

1012.	A borrow took by a man, for every 5 years it will be doubled, then what is the rate of the interest?
A.	40 %
B.	30 %
C.	20 %
D.	10 %
Answer» D. 10 %

Discussion

1013.	A person took some amount with some interest for 3 years, but increase the interest will be increase From 7% to 9%. He paid Rs. 240 extra, then how much amount he took?
A.	Rs. 5000
B.	Rs. 4000
C.	Rs. 3000
D.	Rs. 2000
Answer» C. Rs. 3000

Discussion

1014.	A person took some amount with some interest for 2 years, but increase the interest for 1%, he paid Rs.120/- extra, then how much amount he took?
A.	Rs. 8000
B.	Rs. 7000
C.	Rs. 6000
D.	Rs. 5000
Answer» D. Rs. 5000

Discussion

1015.	A person took some amount with some interest for 1 years, but increase the interest for 2%, he paid Rs.60/- extra, then how much amount he took?
A.	Rs. 1100
B.	Rs. 1600
C.	Rs. 2200
D.	Rs. 3000
Answer» E.

Discussion

1016.	A man took some money for borrowed, for 2 years the total will be Rs.9000/- and 5 years it will be13, Rs.500/-. Then how much amount he borrowed?
A.	Rs. 2000
B.	Rs. 4000
C.	Rs. 6000
D.	Rs. 8000
Answer» D. Rs. 8000

Discussion

1017.	A man took some money for borrowed, for 3 years the total will be Rs.4000 and 5 years it will be Rs.5000/-. Then how much amount he borrowed?
A.	Rs. 1500
B.	Rs. 2500
C.	Rs. 3500
D.	Rs. 4500
Answer» C. Rs. 3500

Discussion

1018.	A man borrowed some amount, after 3 years he paid Rs.10,400/- with 10% interest, then how much Amount he borrowed?
A.	Rs. 8000
B.	Rs. 9000
C.	Rs. 10000
D.	Rs. 12000
Answer» B. Rs. 9000

Discussion

1019.	What will be the simple interest earned on an amount of Rs. 16,800 in 9 months at the rate of 6.25% p.a. ?
A.	Rs. 687.50
B.	Rs. 787.50
C.	Rs. 887.50
D.	Rs. 987.50
Answer» C. Rs. 887.50

Discussion

1020.	The compound interest on a certain sum for 2 years is Rs 412 and the simple interest is Rs 400. What is the rate of interest per annum ?
A.	4%
B.	5%
C.	6%
D.	7%
Answer» D. 7%

Discussion

1021.	A certain amount of money is put on simple interest at a certain rate for 4 years. Had it been put at 3% higher rate, it would have fetched Rs 360 more. What is the amount ?
A.	Rs 2000
B.	Rs 3000
C.	Rs 4000
D.	Rs 5000
Answer» C. Rs 4000

Discussion

1022.	An amount of money grows up to Rs 11520 in 2 years and up to Rs 13824 in 3 years on compound interest.What is the sum ?
A.	Rs 7400
B.	Rs 7600
C.	Rs 7800
D.	Rs 8000
Answer» E.

Discussion

1023.	What time will be taken by an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
A.	10 years
B.	7 years
C.	6 years
D.	2 years
Answer» E.

Discussion

1024.	What is the minimum number of years upon which SI on Rs 2600 at 6.67% interest rate will be in whole number?
A.	1 year
B.	2 years
C.	3 years
D.	4 years
Answer» D. 4 years

Discussion

1025.	Simple interest at x% for x years will come out to be Rs x on a sum of Rs?
A.	x
B.	100/x
C.	1*100
D.	100*x
Answer» C. 1*100

Discussion

1026.	Find the simple interest on Rs. 78000 at 15(2/5) % per annum for 9 months.
A.	9009 Rs.
B.	1018 Rs.
C.	1216 Rs.
D.	1357 Rs.
Answer» B. 1018 Rs.

Discussion

1027.	In how many years, Rs. 200 will produce the same interest @ 5 % as Rs. 900 produce in 2 years @ 3 ½ %?
A.	4.7 years
B.	5.3 years
C.	5.8 years
D.	6.3 years
Answer» E.

Discussion

1028.	Mr. Duggal invested Rs. 20,000 with rate of interest at 20 p.c.p.a. The interest was compounded half yearly for first year and in the next year it was compounded yearly. What will be the total interes
A.	Rs. 8,040
B.	Rs. 9,040
C.	Rs. 10,040
D.	Rs. 11,040
Answer» C. Rs. 10,040

Discussion

1029.	The simple interest on a certain sum of money for 2 years at 8% p.a. is Rs 600. What is the compound interest at the same rate and for the same time ?
A.	Rs 620
B.	Rs 624
C.	Rs 628
D.	Rs 630
Answer» C. Rs 628

Discussion

1030.	A person lent a certain sum of money at 5% simple interest, and in 10 years the interest amounted to Rs 4500 less than the sum lent. Find the sum lent.
A.	Rs. 7000
B.	Rs. 8000
C.	Rs. 9000
D.	Rs. 10000
Answer» D. Rs. 10000

Discussion

1031.	An amount of money grows up to Rs 400 in 2 years and up to 560 in 3 years on compound interest. What is the rate per cent ?
A.	10 %
B.	20 %
C.	30 %
D.	40 %
Answer» E.

Discussion

1032.	A certain sum is invested for a certain time. It amounts to Rs 400 if the rate is 6% per annum. But when invested at a rate of 2% per annum, it amounts to Rs 250. What is the sum ?
A.	Rs. 150
B.	Rs. 175
C.	Rs. 210
D.	Rs. 250
Answer» C. Rs. 210

Discussion

1033.	A certain amount of money becomes five times at the simple interest rate of 7% per annum. At what rate per cent will it become 9 times ?
A.	14 %
B.	24 %
C.	34 %
D.	44 %
Answer» B. 24 %

Discussion

1034.	An amount of money grows upto Rs 8000 in 2 years and upto Rs 10000 in three years on compound interest. What is the sum ?
A.	Rs 2120
B.	Rs 3120
C.	Rs 4120
D.	Rs 5120
Answer» E.

Discussion

1035.	At a certain rate of simple interest Rs 2000 amounted to Rs 2400 in four years. If the rate of interest be decreased by 2%, what will be the amount after 4 years ?
A.	Rs 2220
B.	Rs 2230
C.	Rs 2240
D.	Rs 2250
Answer» D. Rs 2250

Discussion

1036.	The simple interest on a sum of money will be Rs 500 after 3 years. In the next 6 years, the principal becomes 5 times. What will be the total interest at the end of 8 years ?
A.	Rs 5200
B.	Rs 5300
C.	Rs 5400
D.	Rs 5500
Answer» E.

Discussion

1037.	What is the compound interest on Rs 17500 in 2 years ? The rate of interest is 10% for the first year and 12% for the second year
A.	Rs 2060
B.	Rs 3060
C.	Rs 4060
D.	Rs 5060
Answer» D. Rs 5060

Discussion

1038.	The simple interest on a certain sum of money for two years at 5% per annum is Rs 1200. What is the compound interest at the same rate and for the same time ?
A.	Rs 1030
B.	Rs 1130
C.	Rs 1230
D.	Rs 1330
Answer» D. Rs 1330

Discussion

1039.	At a certain rate of simple Interest Rs 600 amounted to Rs 750 in 3 years. If the rate of interest be increased by 4%, what will be the amount after 3 years ?
A.	Rs 522
B.	Rs 622
C.	Rs 722
D.	Rs 822
Answer» E.

Discussion

1040.	If an amount of money grows upto Rs 4500 in 2 yrs and up to Rs 5000 in 3 years on compound interest, what is the sum ?
A.	Rs 3345
B.	Rs 3445
C.	Rs 3545
D.	Rs 3645
Answer» E.

Discussion

1041.	If a certain sum of money amounts to Rs 4500 in 5 years at the rate of 5% per annum, what is the sum ?
A.	Rs. 3400
B.	Rs. 3500
C.	Rs. 3600
D.	Rs. 3700
Answer» D. Rs. 3700

Discussion

1042.	At what rate per cent per annum will Rs 1000 amount to Rs 1728 in 3 years? The interest is compounded yearly.
A.	14 %
B.	16 %
C.	18 %
D.	20 %
Answer» E.

Discussion

1043.	A certain sum of money amount to Rs 7000 in 8 years at 5% per annum. What is the sum ?
A.	Rs. 4000
B.	Rs. 4500
C.	Rs. 5000
D.	Rs. 5500
Answer» D. Rs. 5500

Discussion

1044.	A man deposits Rs 1000 in one bank at 8% pa and Rs 3000 in another bank at rate 4% pa. Find the rate of interest for the whole sum.
A.	5 %
B.	10 %
C.	15 %
D.	20 %
Answer» B. 10 %

Discussion

1045.	If the difference between CI and SI on a certain sum of money for three years at 5% per annum is Rs 61, what is the sum (in Rs) ?
A.	Rs. 6000
B.	Rs. 7000
C.	Rs. 8000
D.	Rs. 9000
Answer» D. Rs. 9000

Discussion

1046.	The simple interest on a sum of money is 1/4 of the principal, and the number of years is equal to the rate % p.a. What will be the rate per cent ?
A.	5 %
B.	6 %
C.	7 %
D.	8 %
Answer» B. 6 %

Discussion

1047.	The compound interest on a certain sum equals to Rs 510 in 2 years at 4 per cent annual rate of interest. Find the simple interest on the same amount for the same period if the rate of interest is dou
A.	Rs. 800
B.	Rs. 900
C.	Rs. 1000
D.	Rs. 1100
Answer» D. Rs. 1100

Discussion

1048.	A sum of money lent at simple interest amounts to Rs. 2150 in 6 years and Rs. 2900 in 11 years. What is the rate per cent per annum ?
A.	10%
B.	11%
C.	12%
D.	13%
Answer» D. 13%

Discussion

1049.	On a certain sum, the compound interest accrued in the first two years is Rs. 5520 and that in the first three years is Rs. 9576. What is the rate of interest ?
A.	10 %
B.	20 %
C.	30 %
D.	40 %
Answer» D. 40 %

Discussion

1050.	The simple interest on a sum of money will be Rs. 2940 after 12 years. If the principal is increased five times after six years, what will be the total interest after 12 years ?
A.	Rs. 8820
B.	Rs. 8920
C.	Rs. 9120
D.	Rs. 9520
Answer» B. Rs. 8920

Discussion

Explore topic-wise MCQs in General Aptitude.

Find simple interest on Rs.5000/- at 12% p.a. for 73 days?

Find simple interest on Rs.6000/- at 10% p.a. for 2 years 3 months?

Find simple interest on Rs.4000/- at 15% p.a. for 9 months?

Find the simple interest on Rs.3000/- at 5 1/3% p.a. for 2 ½ years?

Find simple interest on Rs.6000/- at 7 ½% p.a. for 3 years?

Find simple interest on Rs.5000/- at 12% p.a, for 2 years?

An employ sell a t.v for Rs.9000/- with 10% simple interest for 5 years on an installment basis. Then How much amount he paid for each installment?

The borrow taken by a man, for every 6 years it will be 3 times, then how much time it will be taken For 8 times:

A borrow taken by a man, for every 5 years it will be doubled, then how much time it will be taken

A borrow took by a man, for every 12 years it will be 5 times, then what is the rate of the interest?

A borrow took by a man, for every 8 years it will be 3 times, then what is the rate of the interest?

A borrow took by a man, for every 5 years it will be doubled, then what is the rate of the interest?

A person took some amount with some interest for 3 years, but increase the interest will be increase From 7% to 9%. He paid Rs. 240 extra, then how much amount he took?

A person took some amount with some interest for 2 years, but increase the interest for 1%, he paid Rs.120/- extra, then how much amount he took?

A person took some amount with some interest for 1 years, but increase the interest for 2%, he paid Rs.60/- extra, then how much amount he took?

A man took some money for borrowed, for 2 years the total will be Rs.9000/- and 5 years it will be13, Rs.500/-. Then how much amount he borrowed?

A man took some money for borrowed, for 3 years the total will be Rs.4000 and 5 years it will be Rs.5000/-. Then how much amount he borrowed?

A man borrowed some amount, after 3 years he paid Rs.10,400/- with 10% interest, then how much Amount he borrowed?

What will be the simple interest earned on an amount of Rs. 16,800 in 9 months at the rate of 6.25% p.a. ?

The compound interest on a certain sum for 2 years is Rs 412 and the simple interest is Rs 400. What is the rate of interest per annum ?

A certain amount of money is put on simple interest at a certain rate for 4 years. Had it been put at 3% higher rate, it would have fetched Rs 360 more. What is the amount ?

An amount of money grows up to Rs 11520 in 2 years and up to Rs 13824 in 3 years on compound interest.What is the sum ?

What time will be taken by an amount of Rs. 900 to yield Rs. 81 as interest at 4.5% per annum of simple interest?

What is the minimum number of years upon which SI on Rs 2600 at 6.67% interest rate will be in whole number?

Simple interest at x% for x years will come out to be Rs x on a sum of Rs?

Find the simple interest on Rs. 78000 at 15(2/5) % per annum for 9 months.

In how many years, Rs. 200 will produce the same interest @ 5 % as Rs. 900 produce in 2 years @ 3 ½ %?

Mr. Duggal invested Rs. 20,000 with rate of interest at 20 p.c.p.a. The interest was compounded half yearly for first year and in the next year it was compounded yearly. What will be the total interes

The simple interest on a certain sum of money for 2 years at 8% p.a. is Rs 600. What is the compound interest at the same rate and for the same time ?

A person lent a certain sum of money at 5% simple interest, and in 10 years the interest amounted to Rs 4500 less than the sum lent. Find the sum lent.

An amount of money grows up to Rs 400 in 2 years and up to 560 in 3 years on compound interest. What is the rate per cent ?

A certain sum is invested for a certain time. It amounts to Rs 400 if the rate is 6% per annum. But when invested at a rate of 2% per annum, it amounts to Rs 250. What is the sum ?

A certain amount of money becomes five times at the simple interest rate of 7% per annum. At what rate per cent will it become 9 times ?

An amount of money grows upto Rs 8000 in 2 years and upto Rs 10000 in three years on compound interest. What is the sum ?

At a certain rate of simple interest Rs 2000 amounted to Rs 2400 in four years. If the rate of interest be decreased by 2%, what will be the amount after 4 years ?

The simple interest on a sum of money will be Rs 500 after 3 years. In the next 6 years, the principal becomes 5 times. What will be the total interest at the end of 8 years ?

What is the compound interest on Rs 17500 in 2 years ? The rate of interest is 10% for the first year and 12% for the second year

The simple interest on a certain sum of money for two years at 5% per annum is Rs 1200. What is the compound interest at the same rate and for the same time ?

At a certain rate of simple Interest Rs 600 amounted to Rs 750 in 3 years. If the rate of interest be increased by 4%, what will be the amount after 3 years ?

If an amount of money grows upto Rs 4500 in 2 yrs and up to Rs 5000 in 3 years on compound interest, what is the sum ?

If a certain sum of money amounts to Rs 4500 in 5 years at the rate of 5% per annum, what is the sum ?

At what rate per cent per annum will Rs 1000 amount to Rs 1728 in 3 years? The interest is compounded yearly.

A certain sum of money amount to Rs 7000 in 8 years at 5% per annum. What is the sum ?

A man deposits Rs 1000 in one bank at 8% pa and Rs 3000 in another bank at rate 4% pa. Find the rate of interest for the whole sum.

If the difference between CI and SI on a certain sum of money for three years at 5% per annum is Rs 61, what is the sum (in Rs) ?

The simple interest on a sum of money is 1/4 of the principal, and the number of years is equal to the rate % p.a. What will be the rate per cent ?

The compound interest on a certain sum equals to Rs 510 in 2 years at 4 per cent annual rate of interest. Find the simple interest on the same amount for the same period if the rate of interest is dou

A sum of money lent at simple interest amounts to Rs. 2150 in 6 years and Rs. 2900 in 11 years. What is the rate per cent per annum ?

On a certain sum, the compound interest accrued in the first two years is Rs. 5520 and that in the first three years is Rs. 9576. What is the rate of interest ?

The simple interest on a sum of money will be Rs. 2940 after 12 years. If the principal is increased five times after six years, what will be the total interest after 12 years ?