Start learning →

MPSC Maharashtra Simple Interest — practice questions

Explore 28 free Simple Interest questions in MPSC Maharashtra Quantitative Aptitude. Open each question or exercise to read its content, reference answers and available explanation.

Practise Simple Interest with Quill →

Simple Interest questions and exercises with answers

Showing questions 1–28 of 28.

Complete the idea of a percentageRead the answer and worked solution →Ratios into percentagesRead the answer and worked solution →Order the steps of the unitary methodRead the answer and worked solution →What is the percentage taken OF?Read the answer and worked solution →True or false: percentages and their baseRead the answer and worked solution →Match each comparison to its formRead the answer and worked solution →Common percentage conversionsRead the answer and worked solution →Assertion and reasonRead the answer and worked solution →Two are true, one is notRead the answer and worked solution →Three of these are wrong. Find the one that holds.Read the answer and worked solution →Tap every correct way to express one quarterRead the answer and worked solution →Flip and pair: fraction with percentageRead the answer and worked solution →Spot the one that does not belongRead the answer and worked solution →True or false: the unitary methodRead the answer and worked solution →Ratio, fraction, or percentage?Read the answer and worked solution →Complete the comparison chainRead the answer and worked solution →Percentage of a quantityRead the answer and worked solution →Order the steps: turn a part into a percentageRead the answer and worked solution →Assertion and reason: comparisonsRead the answer and worked solution →Interest, in the banking sense, is best described as:Read the answer and worked solution →A sum of 10,000 is borrowed at 15% per annum simple interest for 2 years. The amount repayable is:Read the answer and worked solution →Find the simple interest on 15,000 at 5% per annum for 2 years.Read the answer and worked solution →Compound interest differs from simple interest because compound interest is calculated on:Read the answer and worked solution →20,000 is borrowed for 2 years at 8% compounded annually. The compound interest is:Read the answer and worked solution →For 10,000 at 10% per annum for 2 years, compound interest exceeds simple interest by:Read the answer and worked solution →Find the simple interest on 5,000 at 8% per annum for 3 years.Read the answer and worked solution →At simple interest, a sum doubles itself in 8 years. The annual rate is:Read the answer and worked solution →For the same principal, rate and a period of one year, compound interest compounded annually is:Read the answer and worked solution →

Worked practice questions

Complete the idea of a percentage

Read exercise and reference answers
Missing parts
  1. Answer
    100
    Choices
    1. 100
    2. 10
    3. 1
  2. Answer
    20%
    Choices
    1. 20%
    2. 5%
    3. 25%
Complete the statement
A ratio compares two quantities. A percentage expresses that comparison out of {0}, which is why 5 oranges among 25 fruits is {1}.
A percentage is a comparison expressed out of 100. Source: syllabus Maths, Ch 7 Comparing Quantities.

Open this exercise →

Ratios into percentages

Read exercise and reference answers
Questions
  1. Question
    5 oranges among 25 fruits is what percentage?
    Choices
    1. 5%
    2. 20%
    3. 25%
    Correct choice
    20%
  2. Question
    The ratio of 5 oranges to 20 apples simplifies to
    Choices
    1. 4 : 1
    2. 5 : 25
    3. 1 : 4
    Correct choice
    1 : 4
  3. Question
    So the apples number how many times the oranges?
    Choices
    1. 4 times
    2. 5 times
    3. one quarter
    Correct choice
    4 times
  4. Question
    20 apples among 25 fruits is
    Choices
    1. 20%
    2. 80%
    3. 25%
    Correct choice
    80%
The chapter's own basket: 20 apples and 5 oranges so 5 of the 25 fruits are oranges, which is 20%. Source: syllabus Maths, Ch 7 Comparing Quantities.

Open this exercise →

Order the steps of the unitary method

Read exercise and reference answers
Steps
  1. Start from the quantity you are given
  2. Divide to find the value for a single unit
  3. Multiply that unit value by the number you want
  4. Read off the answer for the new quantity
Reduce to one, then scale up. That is the whole method. Source: syllabus Maths, Ch 7 Comparing Quantities.

Open this exercise →

How to practise

  1. Choose a Simple Interest question and try to work out your answer.
  2. Open the question to check the correct answer and read its worked solution.
  3. Continue in the app for bite-sized lessons, explanations and review with Quill. You can start without creating an account.

More Quantitative Aptitude topics

Profit and LossRatio and ProportionNumber SystemProfit LossBasic ArithmeticSpeed DistanceSpeed, Distance and TimeSpeed, Time and Distance