Simple Interest Quiz: Online Practice for Competitive Exams

Simple Interest

Boost your math skills by taking our simple interest quiz and expanding your knowledge of simple interest math problems. Read the instructions carefully before starting the simple interest quiz.

This simple interest quiz focuses on problems appearing in various competitive exams.
You have only 10 minutes to complete the quiz.
If you do not answer any question within the allotted time, it will be marked as incorrect.
To skip a question, click the "NEXT" button, and return to any previous question using the "PREVIOUS" button.
Name and email ID required to view quiz results.
You must get a minimum of 50% marks to pass the quiz.
Click on the "START" button to participate in the quiz.

N.B. Do not refresh your browser during quiz time.

1 / 10

Paul invests TK. 3000 for one year at a rate of 6%. How much interest will he earn at the end of that year?

TK. 196

TK. 180

TK. 200

TK. 245

2 / 10

What is the simple interest on TK. 2500 for 4 years at 7% per annum?

TK. 600

TK. 500

TK. 700

TK. 800

3 / 10

Mr. John deposited TK. 40,000 in a bank and earned simple interest at 7% per annum for two years. Calculate the interest earned at the end of the period.

TK. 5600

TK. 2700

TK. 2000

TK. 2400

4 / 10

What is the simple interest earned on TK. 1500 in 4 years at an interest rate of 5% per annum?

TK. 250

TK. 100

TK. 200

TK. 300

5 / 10

A sum of TK. 2000 is invested for 2 years at a simple interest rate of 9%. What is the total amount after the investment period?

TK. 2300

TK. 2160

TK. 2200

TK. 2380

6 / 10

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

2 : 3

4 : 3

1 : 4

3 : 2

7 / 10

A sum of TK. 2500 grows to TK. 3250 in 5 years at simple interest. What is the rate of interest?

6%

8%

7%

10%

8 / 10

A sum of TK. 5000 amounts to TK. 6000 in 4 years at simple interest. What is the rate of interest per annum?

5%

7.5%

12%

10%

9 / 10

A loan of TK. 8000 is taken for 2 years at a simple interest rate of 9%. How much total interest will be paid?

TK. 1440

TK. 2440

TK. 1600

TK. 1000

10 / 10

A sum of TK. 8000 grows to TK. 8800 in 4 years at simple interest. What is the amount of simple interest?

TK. 800

TK. 700

TK. 600

TK. 900

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