# Simple Interest Multiple Choice Questions

## Simple Interest

Question 1.

If 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?

 A. 51.60 Rs. B. 50 Rs. C. 48.97 Rs. D. 45.69 Rs.
Explanation :

51.60 Rs.

Question 2.

The 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.?

 A. 15 Rs. B. 19.50 Rs. C. 21 Rs. D. 22.50 Rs.
Explanation :

22.50 Rs

Question 3.

A 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:

 A. 525 Rs. B. 600 Rs. C. 625 Rs. D. 650 Rs.
Explanation :

525 Rs.

Question 4.

The simple interest on a sum of money will be Rs. 600 after 10 years. If the principal is trebled after 5 years, what will be the total interest at the end of the tenth-year?

 A. 800 Rs. B. 1200 Rs. C. 1500 Rs. D. 1600 Rs.
Explanation :

1200 Rs.

Question 5.

The simple interest on Rs. 10 for 4 months at the rate of 3 paise per rupee per month is:

 A. 1.08 Rs. B. 1.00 Rs. C. 1.10 Rs. D. 1.20 Rs.
Explanation :

1.20 Rs.