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Simple Interest — Quantitative Aptitude Questions & Practice

Practise 492 Simple Interest questions from Quantitative Aptitude for competitive exams such as UPSC, Banking, SSC and Railway. Read the worked questions below, check every answer with an explanation, and track what you get wrong.

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Practice questions on Simple Interest — with answers

Try each question first, then open the answer. Explanations are included.

1. Find the Simple Interest on Rs. 800 at 14% per annum for 2 year(s).

  1. A268.8
  2. B224
  3. C257.6
  4. D212.8
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Answer: B

SI = (P x R x T)/100 = (800 x 14 x 2)/100 = Rs. 224.

2. Find the Simple Interest on Rs. 890 at 9% per annum for 1 year(s).

  1. A60.07
  2. B80.1
  3. C55.1
  4. D70.1
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Answer: B

SI = (P x R x T)/100 = (890 x 9 x 1)/100 = Rs. 80.1.

3. Find the Simple Interest on Rs. 980 at 10% per annum for 4 year(s).

  1. A392
  2. B313.6
  3. C294
  4. D431.2
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Answer: A

SI = (P x R x T)/100 = (980 x 10 x 4)/100 = Rs. 392.

4. Find the Simple Interest on Rs. 1070 at 8% per annum for 5 year(s).

  1. A342.4
  2. B385.2
  3. C428
  4. D321
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Answer: C

SI = (P x R x T)/100 = (1070 x 8 x 5)/100 = Rs. 428.

5. Find the Simple Interest on Rs. 1160 at 18% per annum for 4 year(s).

  1. A793.44
  2. B876.96
  3. C835.2
  4. D626.4
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Answer: C

SI = (P x R x T)/100 = (1160 x 18 x 4)/100 = Rs. 835.2.

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