Skip to main content

Interest — Part 2 MCQs with Explanations

Practice high-yield Mathematics & Quantitative Ability MCQs on Interest — Part 2 with worked academic solutions for CSS, NTS, PPSC, FPSC, PMS.

Questions
40
Difficulty Level
Exam-Level
Target Exams
CSS, NTS, PPSC...
Estimated Time
48 mins
Exam-Level CSS NTS PPSC FPSC PMS
Verified for Commission Syllabus • Oct 14, 2026
40

Verified Practice Questions

Interactive test mode with detailed academic worked solutions

Live Progress | 0/40 answered
✓ 0 correct ✗ 0 wrong 0% score
Question 1 of 40
★ CSS ★ NTS

A sum of Rs. 725 is lent in the beginning of a year at a certain rate of interest. After 8 months, a sum of Rs. 362.50 more is lent but at the rate twice the former. At the end of the year, Rs. 33.50 is earned as interest from both the loans. What was the original rate of interest?

Question 2 of 40
★ CSS ★ NTS

A man took loan from a bank at the rate of 12% p.a. simple interest. After 3 years he had to pay Rs. 5400 interest only for the period. The principal amount borrowed by him was:

Question 3 of 40
★ CSS ★ NTS

A sum of money amounts to Rs. 9800 after 5 years and Rs. 12005 after 8 years at the same rate of simple interest. The rate of interest per annum is:

Question 4 of 40
★ CSS ★ NTS

What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years?

Question 5 of 40
★ CSS ★ NTS

A certain amount earns simple interest of Rs. 1750 after 7 years. Had the interest been 2% more, how much more interest would it have earned?

Question 6 of 40
★ CSS ★ NTS

A person borrows Rs. 5000 for 2 years at 4% p.a. simple interest. He immediately lends it to another person at 6$$\frac{1}{4}$$ p.a for 2 years. Find his gain in the transaction per year.

Question 7 of 40
★ CSS ★ NTS

A sum of money becomes $$\frac{7}{6}$$ of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is ?

Question 8 of 40
★ CSS ★ NTS

The difference between the simple interest received from two different sources on Rs. 1500 for 3 years is Rs. 13.50. The difference between their rates of interest is ?

Question 9 of 40
★ CSS ★ NTS

A sum of Rs. 1600 gives a simple interest of Rs. 252 in 2 years and 3 months. The rate of interest per annum is = ?

Question 10 of 40
★ CSS ★ NTS

Ram borrows Rs. 520 from Gaurav at a simple interest of 13% per annum. What amount of money should Ram pay to Gaurav after 6 months to be absolved of the debt?.

Question 11 of 40
★ CSS ★ NTS

What will be the simple interest earned on an amount of Rs. 16,800 in 9 months at the rate of $$6\frac{1}{4}$$ % p.a. ?

Question 12 of 40
★ CSS ★ NTS

The simple interest on a sum of money is $$\frac{4}{9}$$ of the principal and the number of years is equal to the rate percent per annum. The rate per annum is = ?

Question 13 of 40
★ CSS ★ NTS

At what rate percent per annum will the simple interest on a sum of money be $$\frac{2}{5}$$ of the principal amount in 10 years ?

Question 14 of 40
★ CSS ★ NTS

A sum of Rs. 1750 is divided into two parts such that the interests on the first part at 8% simple interest per annum and that on the other part at 6% simple interest per annum are equal. The interest on each part ( in Rupees) is ?

Question 15 of 40
★ CSS ★ NTS

A person borrows Rs. 5000 for 2 year at 4% p.a. simple interest. He immediately lends it to another person at $$6\frac{1}{4}$$ % p.a. for 2 years. Find his gain in the transaction per year.

Question 16 of 40
★ CSS ★ NTS

Ramakant invested amounts in two different schemes A and B for five years in the ratio of 5 : 4 respectively. Scheme A offers 8% simple interest and bonus equal to 20% of the amount of interest earned in 5 years on maturity. Scheme B offers 9% simple interest. If the amount invested in scheme A was Rs. 20000, what was the total amount received on maturity from both the schemes?

Question 17 of 40
★ CSS ★ NTS

A sum of Rs. 1550 was lent partly at 5% and partly at 8% simple interest. The total interest received after 3 years is Rs. 300. The ratio of money lent at 5% to that at 8% is = ?

Question 18 of 40
★ CSS ★ NTS

What sum of money will amount to Rs. 520 in 5 years and to Rs. 568 in 7 years at simple interest?

Question 19 of 40
★ CSS ★ NTS

A money lender finds that due to fall in the annual rate of interest from 8% to $${\text{7}}\frac{3}{4}{\text{%,}}$$ his yearly income diminishes by Rs. 61.50. His capital is = ?

Question 20 of 40
★ CSS ★ NTS

Asmita invest an amount of Rs. 9534 @ 4 p.c.p.a to obtain a total amount of Rs. 11442 on simple interest after a certain period. For how many years did she invest the amount to obtain the total sum?

Question 21 of 40
★ CSS ★ NTS

What sum will amount to Rs. 7000 in 5 years at $${\text{3}}\frac{1}{3}$$ % simple interest ?

Question 22 of 40
★ CSS ★ NTS

Mohan lent some amount of money at 9% simple interest and an equal amount of money at 10% simple interest each for two years. If his total interest was Rs. 760, what amount was lent in each case ?

Question 23 of 40
★ CSS ★ NTS

If the simple interest on a sum of money for 15 months at $${\text{7}}\frac{1}{2}$$ % per annum exceeds the simple interest on the same sum for 8 months at $${\text{12}}\frac{1}{2}$$ % per annum by Rs. 32.50, then the sum of money ( In Rs.) is ?

Question 24 of 40
★ CSS ★ NTS

Deepak invested an amount of Rs. 21250 for 6 years. At what rate of simple interest will be obtain the total amount of Rs. 26350 at the end of 6 years?

Question 25 of 40
★ CSS ★ NTS

At what rate of simple interest per annum can an amount of Rs. 1553.40 be obtained on the principal amount of Rs. 8630 after 3 years?

Question 26 of 40
★ CSS ★ NTS

If simple interest on Rs. 600 for 4 years and on Rs. 600 for 2 years combined together is Rs.180, find the rate of interest.

Question 27 of 40
★ CSS ★ NTS

A certain sum of money becomes three times of itself in 20 years at simple interest. In how many years does it become double itself at the same rate of simple interest ?

Question 28 of 40
★ CSS ★ NTS

A person borrows some money for 5 years and ratio of loan amount : total interest amount is 5 : 2. Then find the ratio of loan amount : interest rate is equal to = ?

Question 29 of 40
★ CSS ★ NTS

The effective annual rate of interest, corresponding to a nominal rate of 6% per annum payable half yearly is = ?

Question 30 of 40
★ CSS ★ NTS

Veena obtained an amount of Rs. 8376 as simple interest on a certain amount at 8 p.c.p.a. after 6 years. what is the amount invested by veena?

Question 31 of 40
★ CSS ★ NTS

At which sum the simple interest at the rate of $$3\frac{3}{4}$$ % per annum will be Rs. 210 in $$2\frac{1}{3}$$ years?

Question 32 of 40
★ CSS ★ NTS

If the simple interest for 6 years be equal to 30% of the principal, it will be equal to the principal after = ?

Question 33 of 40
★ CSS ★ NTS

A person invests money in three different schemes for 6 years, 10 years and 12 years at 10%, 12% and 15% simple interest respectively. At the completion of each scheme, he gets the same interest. The ratio of his investment is = ?

Question 34 of 40
★ CSS ★ NTS

Rs. 1000 is invested at 5% per annum simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs. 2000 after = ?

Question 35 of 40
★ CSS ★ NTS

The simple interest at x% for x years will be Rs. x on a sum of:

Question 36 of 40
★ CSS ★ NTS

Rs. 6200 amounts to Rs. 9176 in 4 years at simple interest. If the interest rate is increased by 3% it would amount to how much?

Question 37 of 40
★ CSS ★ NTS

The simple interest accrued on a certain principal in 5 years at the rate of 12 p.c.p.a. is Rs.1536. what amount of simple interest would one get if one invests Rs.1000 more than the previous principal for 2 years and at the same rate p.c.p.a. ?

Question 38 of 40
★ CSS ★ NTS

The simple interest on a certain sum of money at the rate of 5% p.a. for 8 years is Rs. 840. At what rate of interest the same account of interest can be received on the same sum after 5 years?

Question 39 of 40
★ CSS ★ NTS

Rs. 6000 becomes Rs. 7200 in 4 years. If the rate becomes 1.5 times of itself, the amount of the same principal in 5 years will be = ?

Question 40 of 40
★ CSS ★ NTS

Simple interest on Rs. 500 for 4 years at 6.25% per annum is equal to the simple interest on Rs. 400 at 5% per annum for a certain period of time. The period of time is = ?

✓ Link copied to clipboard
Continue Your Practice

Algebra — Part 1

Master the next curriculum module with 40 exam-standard MCQs.

Next Practice Set →

💡 Examiner's Advisory for Mathematics & Quantitative Ability

In competitive commission exams (FPSC, PPSC, KPPSC, SPSC, CSS, PMS), questions are frequently phrased with distractor options designed to catch rote learners. Whenever you answer an MCQ, read the Detailed Academic Explanation and Conceptual Anchor to understand why the remaining options are incorrect.

More Modules in Mathematics & Quantitative Ability

View All →
📚

Study Guides

Topic summaries and syllabus breakdown

Explore Guides →
🎯

Complete Library

Search through 78,000+ verified MCQs

Browse Library →
📱

Mobile App

Offline mock tests and instant bookmarks

Get Mobile App →