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Simple Interest interview questions

30 Simple Interest questions from the Aptitude bank, written for Indian campus drives and tech interviews. Every question has a verified answer and an AI-tutor explanation on placd.

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1. Find the simple interest on ₹2000 at 12% per annum for 2 years.

Mid
  1. A.₹480
  2. B.₹422.40
  3. C.₹595.20
  4. D.₹537.60

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2. Find the simple interest on ₹2000 at 5% per annum for 3 years.

Mid
  1. A.₹336
  2. B.₹300
  3. C.₹372
  4. D.₹264

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3. Find the simple interest on ₹1500 at 5% per annum for 3 years.

Mid
  1. A.₹279
  2. B.₹252
  3. C.₹225
  4. D.₹198

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4. Find the simple interest on ₹5000 at 8% per annum for 3 years.

Mid
  1. A.₹1344
  2. B.₹1488
  3. C.₹1200
  4. D.₹1056

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5. Find the simple interest on ₹1500 at 6% per annum for 5 years.

Mid
  1. A.₹558
  2. B.₹504
  3. C.₹450
  4. D.₹396

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6. Find the simple interest on ₹1500 at 4% per annum for 5 years.

Mid
  1. A.₹300
  2. B.₹372
  3. C.₹336
  4. D.₹264

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7. Find the simple interest on ₹1500 at 4% per annum for 2 years.

Mid
  1. A.₹134.40
  2. B.₹105.60
  3. C.₹148.80
  4. D.₹120

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8. Find the simple interest on ₹2500 at 4% per annum for 4 years.

Mid
  1. A.₹448
  2. B.₹496
  3. C.₹352
  4. D.₹400

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9. Find the simple interest on ₹5000 at 10% per annum for 5 years.

Mid
  1. A.₹2800
  2. B.₹2500
  3. C.₹3100
  4. D.₹2200

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10. Find the simple interest on ₹4000 at 8% per annum for 2 years.

Mid
  1. A.₹640
  2. B.₹716.80
  3. C.₹563.20
  4. D.₹793.60

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11. Find the simple interest on ₹4000 at 5% per annum for 5 years.

Mid
  1. A.₹1000
  2. B.₹1240
  3. C.₹880
  4. D.₹1120

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12. Find the simple interest on ₹5000 at 12% per annum for 2 years.

Mid
  1. A.₹1200
  2. B.₹1344
  3. C.₹1488
  4. D.₹1056

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13. Find the simple interest on ₹1000 at 6% per annum for 4 years.

Mid
  1. A.₹297.60
  2. B.₹240
  3. C.₹211.20
  4. D.₹268.80

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14. Find the simple interest on ₹1000 at 12% per annum for 5 years.

Mid
  1. A.₹600
  2. B.₹528
  3. C.₹744
  4. D.₹672

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15. Find the simple interest on ₹2500 at 12% per annum for 5 years.

Mid
  1. A.₹1860
  2. B.₹1320
  3. C.₹1500
  4. D.₹1680

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16. Find the simple interest on ₹1500 at 6% per annum for 2 years.

Mid
  1. A.₹201.60
  2. B.₹180
  3. C.₹223.20
  4. D.₹158.40

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17. Find the simple interest on ₹4000 at 12% per annum for 2 years.

Mid
  1. A.₹844.80
  2. B.₹1075.20
  3. C.₹960
  4. D.₹1190.40

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18. Find the simple interest on ₹2500 at 4% per annum for 3 years.

Mid
  1. A.₹264
  2. B.₹336
  3. C.₹300
  4. D.₹372

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19. Find the simple interest on ₹2500 at 10% per annum for 5 years.

Mid
  1. A.₹1100
  2. B.₹1400
  3. C.₹1550
  4. D.₹1250

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20. Find the simple interest on ₹1000 at 5% per annum for 2 years.

Mid
  1. A.₹124
  2. B.₹88
  3. C.₹112
  4. D.₹100

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21. Find the simple interest on ₹1000 at 4% per annum for 4 years.

Mid
  1. A.₹179.20
  2. B.₹198.40
  3. C.₹140.80
  4. D.₹160

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22. Find the simple interest on ₹2500 at 6% per annum for 3 years.

Mid
  1. A.₹504
  2. B.₹558
  3. C.₹450
  4. D.₹396

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23. Find the simple interest on ₹1200 at 10% per annum for 3 years.

Mid
  1. A.₹403.20
  2. B.₹316.80
  3. C.₹360
  4. D.₹446.40

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24. Find the simple interest on ₹1200 at 6% per annum for 3 years.

Mid
  1. A.₹190.08
  2. B.₹241.92
  3. C.₹216
  4. D.₹267.84

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25. Find the simple interest on ₹4000 at 10% per annum for 4 years.

Mid
  1. A.₹1600
  2. B.₹1792
  3. C.₹1984
  4. D.₹1408

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26. Find the simple interest on ₹1000 at 10% per annum for 3 years.

Mid
  1. A.₹372
  2. B.₹264
  3. C.₹300
  4. D.₹336

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27. Find the simple interest on ₹5000 at 6% per annum for 5 years.

Mid
  1. A.₹1320
  2. B.₹1500
  3. C.₹1860
  4. D.₹1680

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28. Find the simple interest on ₹1200 at 8% per annum for 5 years.

Mid
  1. A.₹595.20
  2. B.₹480
  3. C.₹537.60
  4. D.₹422.40

Answer + AI explanation with a free account

29. Find the simple interest on ₹5000 at 6% per annum for 2 years.

Mid
  1. A.₹528
  2. B.₹744
  3. C.₹672
  4. D.₹600

Answer + AI explanation with a free account

30. Find the simple interest on ₹5000 at 6% per annum for 4 years.

Mid
  1. A.₹1488
  2. B.₹1200
  3. C.₹1056
  4. D.₹1344

Answer + AI explanation with a free account

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