The Following Section consists of Maths MCQ on Simple Interest (SI).
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Simple Interest
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Question 1 of 20
1. Question
1 pointsFind the simple interest on Rs 7000 at 50/3 % for 9 months
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Question 2 of 20
2. Question
1 pointsSachin borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends money to Rahul at 25/4% p.a. for 2 years. Find the gain of one year by Sachin.
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Question 3 of 20
3. Question
1 pointsFind the simple interest on the Rs. 2000 at 25/4% per annum for the period from 4th Feb 2005 to 18th April 2005
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Question 4 of 20
4. Question
1 pointsIf A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is
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Question 5 of 20
5. Question
1 pointsSahil took a loan for 6 years at the rate of 5% per annum on Simple Interest, If the total interest paid was Rs. 1230, the principal was
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Question 6 of 20
6. Question
1 pointsThere was simple interest of Rs. 4016.25 on a principal amount at the rate of 9%p.a. in 5 years. Find the principal amount
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Question 7 of 20
7. Question
1 pointsFind the rate at Simple interest, at which a sum becomes four times of itself in 15 years.
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Question 8 of 20
8. Question
1 pointsAt 5% per annum simple interest, Rahul borrowed Rs. 500. What amount will he pay to clear the debt after 4 years
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Question 9 of 20
9. Question
1 pointsIf a sum of money doubles itself in 8 years at simple interest, the ratepercent per annum is
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Question 10 of 20
10. Question
1 pointsA sum of Rs 12,500 amounts to Rs. 15,500 in the 4 years at the rate of simple interest. Find the rate percent
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Question 11 of 20
11. Question
1 pointsWhat is the present worth of Rs. 132 due in 2 years at 5% simple interest per annum
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Question 12 of 20
12. Question
1 pointsReema took a loan of Rs 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest.
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Question 13 of 20
13. Question
1 pointsThe simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of intrest the same amount of interest can be received on the same sum after 5 years.
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Question 14 of 20
14. Question
1 pointsA man took a loan at rate of 12% per annum simple interest. After 3 years he had to pay 5400 interest. The principal amount borrowed by him was.
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Question 15 of 20
15. Question
1 pointsA sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount
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Question 16 of 20
16. Question
1 pointsAt what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years
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Question 17 of 20
17. Question
1 pointsRs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will Rs. 800 become in 3 years.
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Question 18 of 20
18. Question
1 pointsIn how many years Rs 150 will produce the same interest at 8% as Rs. 800 produce in 3 years at 9/2%
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Question 19 of 20
19. Question
1 pointsWhat will the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years.
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Question 20 of 20
20. Question
1 pointsA financier claims to be lending money at simple interest, But he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes.
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Simple Interest 2
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Question 1 of 20
1. Question
1 pointsA sum of money amounts to Rs 9800 after 5 years and Rs 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is
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Question 2 of 20
2. Question
1 pointsA lent Rs. 5000 to B for 2 years and Rs 3000 to C for 4 years on simple interest at the same rate of interest and received Rs 2200 in all from both of them as interest. The rate of interest per annum is
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Question 3 of 20
3. Question
1 pointsIf A lends Rs. 3500 to B at 10% p.a. and B lends the same sum to C at 11.5% p.a., then the gain of B (in Rs.) in a period of 3 years is:
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Question 4 of 20
4. Question
1 pointsSatish took a loan at 10% p.a. S.I. After 4 years, he returned the principal along with the inlerest. If he returns in all Rs. 3500, what is the principal amount?.
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Question 5 of 20
5. Question
1 pointsA certain sum of money lent out at S.I. amounts to Rs. 690 in 3 years and Rs. 750 in 5 years. The sum lent is:..
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Question 6 of 20
6. Question
1 pointsPrabhat took a certain amount as a loan from a bank at the rate of 8% p.a. S.I. and gave the same amount to Ashish as a loan at the rate of 12% p.a. If at the end of 12 years, he made a profit of Rs. 320 in the deal, what was the original amount?.
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Question 7 of 20
7. Question
1 pointsIf a sum of money doubles itself in 8 years at simple interest, the ratepercent per annum is :.
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Question 8 of 20
8. Question
1 pointsThe interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a. ?
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Question 9 of 20
9. Question
1 pointsRakesh took a loan for 6 years at the rate of 5% p.a. S.I. If the total interest paid was Rs. 1230, the principal was
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Question 10 of 20
10. Question
1 pointsA sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount?.
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Question 11 of 20
11. Question
1 pointsAvinash borrowed Rs. 5000 from Sanjay at simple interest. After 3 years, Sanjay got Rs. 300 more than what he had given to Avinash. What was the rate of interest per annum ‘?
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Question 12 of 20
12. Question
1 pointsThe simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of intrest the same amount of interest can be received on the same sum after 5 years ?
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Question 13 of 20
13. Question
1 pointsIn what time will Rs. 500 give Rs. 50 as interest at the rate of 5% p.a. S.I. ?
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Question 14 of 20
14. Question
1 pointsThe rate at which a sum becomes four times of itself in 15 years at S.I. will be:.
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Question 15 of 20
15. Question
1 pointsRs. 800 amounts to Rs. 920 in 3 years at simple interest. If the interest rate is increased by 3%, it would amount to how much ?.
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Question 16 of 20
16. Question
1 pointsAshok took a loan of Rs. 15000 for 3 years at simple interest. If the total interest paid is R. 2700, what is the rate of interest per annum?.
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Question 17 of 20
17. Question
1 pointsAt the rate of 6% p.a. simple interest, a sum of Rs. 2500 will earn how much interest by the end of 5 years 7.
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Question 18 of 20
18. Question
1 pointsA person borrowed Rs. 500 at the rate of 5% per annum S.1. What amount will he pay to clear the debt after 4 years 7
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Question 19 of 20
19. Question
1 pointsFind the simple interest on Rs. 68,000 at 16 2/3% per annum for 9 months.
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Question 20 of 20
20. Question
1 pointsFind the simple interest on Rs. 3000 at 6 1/4% per annum for the period from 4th Feb., 2005 to 18th April, 2005.
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Simple Interest 3
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Question 1 of 20
1. Question
1 pointsA sum at simple interests at 13 Ã‚Â½ % per annum amounts to Rs.2502.50 after 4 years find the sum.
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Question 2 of 20
2. Question
1 pointsA sum of Rs. 800 amounts to Rs. 920 in 8 years at simple interest. Interest rate is increased by 3%, it would amount to how much ?
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Question 3 of 20
3. Question
1 pointsAdam borrowed some money at the rate of 6% p.a. for the first two years, at the rate of 9% p.a. for the next three years , and at the rate of 14% p.a. for the period beyond five years. 1f he pays a total interest of Rs. 11, 400 at the end of nine years how much money did he borrow?
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Question 4 of 20
4. Question
1 pointsA certain sum of money amounts to Rs. 1008 in 2 years and to Rs.1164 in 3 Ã‚Â½ years. Find the sum and rate of interests.
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Question 5 of 20
5. Question
1 pointsAt what rate percent per annum will a sum of money double in 16 years.
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Question 6 of 20
6. Question
1 pointsThe simple interest on a sum of money is 4/9 of the principal .Find the rate percent and time, if both are numerically equal.
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Question 7 of 20
7. Question
1 pointsThe simple interest on a certain sum of money for 2 l/2 years at 12% per annum is Rs. 40 less than the simple interest on the same sum for 3 Ã‚Â½ years at 10% per annum. Find the sum.
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Question 8 of 20
8. Question
1 pointsA sum was put at simple interest at a certain rate for 3 years. Had it been put at 2% higher rate, it would have fetched Rs. 360 more. Find the sum.
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Question 9 of 20
9. Question
1 pointsA sum of money at simple interest amounts to Rs. 815 in 3 years and to Rs. 854 in 4 years. The sum is:
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Question 10 of 20
10. Question
1 pointsMr. Thomas invested an amount of Rs. 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be Rs. 3508, what was the amount invested in Scheme B?
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Question 11 of 20
11. Question
1 pointsA sum fetched a total simple interest of Rs. 4016.25 at the rate of 9 p.c.p.a. in 5 years. What is the sum?
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Question 12 of 20
12. Question
1 pointsHow much time will it take for an amount of Rs. 450 to yield Rs. 81 as interest at 4.5% per annum of simple interest?
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Question 13 of 20
13. Question
1 pointsReena took a loan of Rs. 1200 with simple interest for as many years as the rate of interest. If she paid Rs. 432 as interest at the end of the loan period, what was the rate of interest?
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Question 14 of 20
14. Question
1 pointsA sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?
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Question 15 of 20
15. Question
1 pointsAn automobile financier claims to be lending money at simple interest, but he includes the interest every six months for calculating the principal. If he is charging an interest of 10%, the effective rate of interest becomes:
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Question 16 of 20
16. Question
1 pointsA sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest?
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Question 17 of 20
17. Question
1 pointsA man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was:
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Question 18 of 20
18. Question
1 pointsA sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:
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Question 19 of 20
19. Question
1 pointsWhat will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years?
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Question 20 of 20
20. Question
1 pointsA certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?
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Simple Interest 4
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Question 1 of 20
1. Question
1 pointsA loan of $750 is made at 9.5% simple interest for 4 months. How much interest is owed when the loan is due?
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Question 2 of 20
2. Question
1 pointsA loan of $1200 is made at 12.4% simple interest for 60 days. What is the total amount due at the end of the time period? (Use a 360day year.)
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Question 3 of 20
3. Question
1 pointsA check for $6369 was used to pay off a loan which was made at a rate of 8.2% simple interest for 9 months. How much money was borrowed originally?
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Question 4 of 20
4. Question
1 pointsA loan of $5400 was paid off at the end of 60 days with a check for $5502.60. What annual rate of interest was used? (Use a 360day year.)
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Question 5 of 20
5. Question
1 pointsAn advertisement for a loan company states that you only pay 11 cents per day for each $100 borrowed. If you borrow $700 for 50 days, what amount will you repay?
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Question 6 of 20
6. Question
1 pointsAn advertisement for a loan company states that you only pay 11 cents per day for each $100 borrowed. If you borrow $700 for 50 days, what annual rate of interest is the company actually charging? (Use a 360day year.) Note: This is a continuation of question #5.
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Question 7 of 20
7. Question
1 pointsAt what rate will a man get on simple interest of ` 1,071 on a principal of ` 2,550 in 3 years?
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Question 8 of 20
8. Question
1 pointsThe simple interest accrued in 5 years on a principal of ` 24,000 is onetenth the principal. What is the rate of simple interest p.c.p.a. ?
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Question 9 of 20
9. Question
1 pointsShamita took a loan at simple interest rate of 6 p.c.p.a. in the first year and it increased by 1.5 p.c.p.a. every year. If she pays ` 8,190 as interest at the end of 3years, what was her loan amount
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Question 10 of 20
10. Question
1 pointsIf Rs. 64 accounts to Rs. 83.20 in 2 years, what will Rs. 86 amount to in 4 years at the same rate per cent pr annum?
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Question 11 of 20
11. Question
1 pointsThe simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same amount of interest can be received on the same sum after 5 years?
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Question 12 of 20
12. Question
1 pointsThe interest on a certain deposit at 4.5% p.a. is Rs. 202.50 in one year. How much will the additional interest in one year be on the same deposit at 5% p.a.?
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Question 13 of 20
13. Question
1 pointsA sum invested at 5% simple interest per annum grows to Rs. 504 in 4 years. The same amount at 10% simple interest per annum in 2½ years will grow to:
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Question 14 of 20
14. Question
1 pointsA sum of money at simple interest amounts to 815 in 3 years and to 854 in 4 years. The sum is:
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Question 15 of 20
15. Question
1 pointsMr. Thomas invested an amount of 13,900 divided in two different schemes A and B at the simple interest rate of 14% p.a. and 11% p.a. respectively. If the total amount of simple interest earned in 2 years be 3508, what was the amount invested in Scheme B?
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Question 16 of 20
16. Question
1 pointsA sum fetched a total simple interest of 4016.25 at the rate of 9 %.p.a. in 5 years. What is the sum?
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Question 17 of 20
17. Question
1 pointsHow much time will it take for an amount of 450 to yield 81 as interest at 4.5% per annum of simple interest?
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Question 18 of 20
18. Question
1 pointsReena took a loan of 1200 with simple interest for as many years as the rate of interest. If she paid 432 as interest at the end of the loan period, what was the rate of interest?
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Incorrect

Question 19 of 20
19. Question
1 pointsA sum of 12,500 amounts to 15,500 in 4 years at the rate of simple interest. What is the rate of interest?
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Question 20 of 20
20. Question
1 pointsA person takes a loan of 200 at 5% simple interest. He returns 100 at the end of 1 year. In order to clear his dues at the end of 2 years, he would pay:
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Knowing how to correctly answer the questions on Simple Interest in mathematics allows an individual enjoy an edge over his or her peers in the exams. Most of these questions relate to various real life situations, thus teaching today’s youngsters to cope with the challenges of life at a later date. The questionnaire has been carefully drafted with a wide range of solved examples on simple interest to make things easier for the target audience.