MCQ Subject: Simple Interest & Percentage

A person borrows ₹10,000 at 10% SI per annum. After 1 year, she repays ₹3,000 and the rate increases by 5 percentage points. What is the SI on the remaining amount for the next 2 years?

A sum of Rs. 3,000 is lent at a simple interest rate of 5% per annum. How much interest will be earned in 2 years?

Rahul invests ₹50,000 at 5% simple interest for 2 years. Later, he invests the same amount at 4% for 3 years. Where does Rahul earn more simple interest?

Calculate the Simple Interest on a principal amount of ₹4000 at a rate of 5% per annum for 2 years.

Rahul invested Rs. 12,000 at 8% per annum simple interest for 3 years. He also invested Rs. 9,000 at 10% per annum simple interest for 2 years. What is the total interest earned as a percentage of the total investment?

A person borrows ₹10,000 at 5% simple interest for 2 years. The rate then increases by 20% for the next 3 years. What is the total interest paid?

Rahul invests Rs. 50,000 in three different schemes with simple interest rates of 12%, 15%, and 18% per annum for 1 year each. Which scheme yields the highest Simple Interest?

Which of the following loans accrues more Simple Interest over 3 years?

Rahul invests Rs. 5000 at 5% annual Simple Interest. After 2 years, the investment increases by 10%. What is the Simple Interest for the next year on the new principal?

If the simple interest on a principal amount for 3 years equals 10% of the principal, what is the rate of interest?