GATE · General Aptitude · Quantitative

Simple Interest questions with answers

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PRACTICE PREVIEW

Five questions to begin your revision

Open each answer only after choosing your own response.

01Medium · ✓ Verified answer

GATE practice check: Find the simple interest on ₹7,600 at 5% per year for 2 years.

  1. ₹760
  2. ₹836
  3. ₹684
  4. ₹912
Check answer and explanation +
A — ₹760

Simple interest = principal × rate × time ÷ 100 = ₹7,600 × 5 × 2 ÷ 100 = ₹760. The displayed answer was independently recomputed during publication.

Source: NCERT Mathematics Classes VI–X · Simple Interest; mapped to the published GATE quantitative/numeracy area; answer independently recomputed. Syllabus-aligned practice—not a previous-year question.
02Medium · ✓ Verified answer

GATE high-priority drill: Find the simple interest on ₹7,800 at 6% per year for 3 years.

  1. ₹1,482
  2. ₹1,326
  3. ₹1,560
  4. ₹1,404
Check answer and explanation +
D — ₹1,404

Simple interest = principal × rate × time ÷ 100 = ₹7,800 × 6 × 3 ÷ 100 = ₹1,404. The displayed answer was independently recomputed during publication.

Source: NCERT Mathematics Classes VI–X · Simple Interest; mapped to the published GATE quantitative/numeracy area; answer independently recomputed. Syllabus-aligned practice—not a previous-year question.
03Medium · ✓ Verified answer

GATE foundation revision: Find the simple interest on ₹8,000 at 7% per year for 4 years.

  1. ₹2,160
  2. ₹2,400
  3. ₹2,240
  4. ₹2,320
Check answer and explanation +
C — ₹2,240

Simple interest = principal × rate × time ÷ 100 = ₹8,000 × 7 × 4 ÷ 100 = ₹2,240. The displayed answer was independently recomputed during publication.

Source: NCERT Mathematics Classes VI–X · Simple Interest; mapped to the published GATE quantitative/numeracy area; answer independently recomputed. Syllabus-aligned practice—not a previous-year question.
04Medium · ✓ Verified answer

GATE speed-building set: Find the simple interest on ₹8,200 at 8% per year for 2 years.

  1. ₹1,476
  2. ₹1,312
  3. ₹1,394
  4. ₹1,230
Check answer and explanation +
B — ₹1,312

Simple interest = principal × rate × time ÷ 100 = ₹8,200 × 8 × 2 ÷ 100 = ₹1,312. The displayed answer was independently recomputed during publication.

Source: NCERT Mathematics Classes VI–X · Simple Interest; mapped to the published GATE quantitative/numeracy area; answer independently recomputed. Syllabus-aligned practice—not a previous-year question.
05Medium · ✓ Verified answer

GATE accuracy checkpoint: Find the simple interest on ₹8,400 at 9% per year for 3 years.

  1. ₹2,268
  2. ₹2,352
  3. ₹2,184
  4. ₹2,436
Check answer and explanation +
A — ₹2,268

Simple interest = principal × rate × time ÷ 100 = ₹8,400 × 9 × 3 ÷ 100 = ₹2,268. The displayed answer was independently recomputed during publication.

Source: NCERT Mathematics Classes VI–X · Simple Interest; mapped to the published GATE quantitative/numeracy area; answer independently recomputed. Syllabus-aligned practice—not a previous-year question.
✓

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