 # SSC CGL Simple and Compound Interest Questions 5 Steps - 3 Clicks

# SSC CGL Simple and Compound Interest Questions

There are 1-2 Simple and Compound Interest Questions will be asked in SSC CGL Tier 1. Below are the Questions asked in SSC CGL Tier 1 Exam.

### Questions

1. A what rate of simple interest per annum does a person get an interest of Rs. 4706.1 on the principal amount of Rs. 11205 after 7 years ?

1. 6% PA
2. 5% PA
3. 4% PA
4. 3% PA

2. At what rate of simple interest will ₹ 4,800 amount to ₹ 6,480 in a span of 7 years?

1. 3%
2. 4%
3. 5%
4. 6%

3. The simple interest on a certain sum for 8 months at 4% per annum is Rs.129 less than the simple interest on the same sum for 15 months at 5% per annum. What is the sum?

1. Rs.3600
2. Rs.2580
3. Rs.1500
4. Rs.2000

4. Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10 : 3 at 6% simple interest per annum?

1. 4 years
2. 5 years
3. 6 years
4. 7 years

5. At what rate percent per annum will the simple interest on a sum of money be 2/5 of the amount in 10 years

1. 2%
2. 3%
3. 4%
4. 5%

6. A man took a loan at rate of 12% per annum simple interest. After 3 years he had to pay 5400 interest. The principal amount borrowed by him was.

1. Rs.14000
2. Rs.15000
3. Rs.16000
4. Rs.17000

7. There was simple interest of Rs. 4016.25 on a principal amount at the rate of 9%p.a. in 5 years. Find the principal amount

1. Rs.7925
2. Rs.8925
3. Rs.7500
4. Rs.8500

8. A sum of money at simple interest amounts to Rs. 2240 in 2 years and to Rs. 2600 in 5 years. What is the principal amount

1. 1000
2. 2000
3. 3000
4. 4000

9. Find the rate at Simple interest, at which a sum becomes four times of itself in 15 years.

1. 10%
2. 20%
3. 30%
4. 40%

10. What would be the simple interest obtained on a principal of Rs.11050 after six years at the rate of 5% per annum?

1. Rs.3315
2. Rs.2563
3. Rs.3500
4. Rs.2500

11. What would be the simple interest accrued in four years on a principal of ₹ 18,440 at the rate of 15 pc pa?

1. Rs.10000
2. Rs.11000
3. Rs.12000
4. None of these

12. Pinky invested an amount of Rs.24500 at the rate of 9% per annum. After how many years will she get a simple interest of Rs.37485?

1. 15 years
2. 16 years
3. 17 years
4. 18 years

13. Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually

1. Rs.312
2. Rs.412
3. Rs.612
4. Rs.512

14. Albert invested amount of 8000 in a fixed deposit for 2 years at compound interest rate of 5 % per annum. How much Albert will get on the maturity of the fixed deposit.

1. Rs.8820
2. Rs.8512
3. Rs.8730
4. Rs.8642

15. What will be the compound interest on Rs.25000 after 3 years at the rate of 12 % per annum

1. Rs.10123.20
2. Rs.10123.50
3. Rs.10125.10
4. Rs.10145.40

16. Kanhaiyalal is a local moneylender and he, in the presence of 5 villagers as witnesses, gives a personal loan of Rs. 18000 to Nargis at 10% p.a. compound interest. What is the ratio of the amount of 3rd year to that of 4th year?

1. 8 : 9
2. 8 : 10
3. 8 : 11
4. 10 : 11

17. A sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself?

1. 3 years
2. 6 years
3. 9 years
4. 11 years

18. The compound interest on a certain sum of money for 2 years at 5% is ₹ 328, then the sum is ____.

1. Rs.3000
2. Rs.3600
3. Rs.3200
4. Rs.3300

19. Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quarterly

1. Rs.2520
2. Rs.2220
3. Rs.2523
4. Rs.2522