MCQ Subject: Simple Interest & Percentage

A person lends ₹50,000 at a Simple Interest rate of 10% per annum. How much interest does he receive after 2 years?

If the Simple Interest (SI) on a principal amount (P) for 2 years (T) at a rate of 5% per annum (R) is Rs. 500, what is the principal amount?

Rahul borrows ₹24,000 at 5% simple interest for 2 years. If 5% of the principal is deducted as a loan processing fee, how much interest does Rahul actually pay?

A sum yields simple interest equal to 15% of the principal over 3 years. If the total amount is ₹1,050, what is the rate?

A sum of Rs. 5,000 is lent at a Simple Interest (SI) rate of 6% per annum. What is the SI accrued after 3 years?

A sum of Rs. 4,000 earns a Simple Interest of Rs. 200 in 2 years. If the principal is increased by 50% and the rate of interest is decreased by 10%, what would be the new Simple Interest for 3 years?

Compare two loans to determine which yields more Simple Interest (SI). Loan A: ₹2000 at 5% SI for 2 years. Loan B: ₹1800 at 6% SI for 3 years. Which loan yields more SI?

Loan A: ₹2000 at 5% SI for 2 years. Loan B: ₹1500 at 7% SI for 2 years. Which loan yields more interest and by what percentage?

What is the Simple Interest on a principal of Rs. 5000 at a rate of 4% per annum for 2 years?