Provided are a magnetic resonance imaging (MRI) apparatus and method for obtaining a plurality of MR images having different contrasts by using a single pulse sequence. The MRI apparatus includes a controller configured to control a pulse sequence of one cycle to be applied to a plurality of slices of an object, wherein the one cycle includes a first obtaining section during which a first inversion radio frequency (RF) pulse is applied to a first slice of the object and a second obtaining section during which a second inversion RF pulse is applied to a second slice of the object adjacent to the first slice, and to sequentially obtain a first MR signal for capturing a first MR image of the first slice, a second MR signal for capturing at least one second MR image of the second slice adjacent to the first slice, and a third MR signal for capturing at least one third MR image of the first slice, during the first obtaining section.