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 ?
6% PA
5% PA
4% PA
3% PA
Answer: A2. At what rate of simple interest will ₹ 4,800 amount to ₹ 6,480 in a span of 7 years?
3%
4%
5%
6%
Answer: C3. 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?
Rs.3600
Rs.2580
Rs.1500
Rs.2000
Answer: A4. 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?
4 years
5 years
6 years
7 years
Answer: B
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
2%
3%
4%
5%
Answer: C6. 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.
Rs.14000
Rs.15000
Rs.16000
Rs.17000
Answer: B7. 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
Rs.7925
Rs.8925
Rs.7500
Rs.8500
Answer: B8. 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
1000
2000
3000
4000
Answer: B9. Find the rate at Simple interest, at which a sum becomes four times of itself in 15 years.
10%
20%
30%
40%
Answer: B10. What would be the simple interest obtained on a principal of Rs.11050 after six years at the rate of 5% per annum?
Rs.3315
Rs.2563
Rs.3500
Rs.2500
Answer: A11. What would be the simple interest accrued in four years on a principal of ₹ 18,440 at the rate of 15 pc pa?
Rs.10000
Rs.11000
Rs.12000
None of these
Answer: D12. 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?
15 years
16 years
17 years
18 years
Answer: C13. Find compound interest on Rs. 7500 at 4% per annum for 2 years, compounded annually
Rs.312
Rs.412
Rs.612
Rs.512
Answer: C14. 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.
Rs.8820
Rs.8512
Rs.8730
Rs.8642
Answer: A15. What will be the compound interest on Rs.25000 after 3 years at the rate of 12 % per annum
Rs.10123.20
Rs.10123.50
Rs.10125.10
Rs.10145.40
Answer: A16. 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?
8 : 9
8 : 10
8 : 11
10 : 11
Answer: A17. A sum of money at compound interest amounts to thrice itself in 3 years. In how many years will it be 9 times itself?
3 years
6 years
9 years
11 years
Answer: B18. The compound interest on a certain sum of money for 2 years at 5% is ₹ 328, then the sum is ____.
Rs.3000
Rs.3600
Rs.3200
Rs.3300
Answer: C19. Find the compound interest on Rs.16,000 at 20% per annum for 9 months, compounded quarterly
Rs.2520
Rs.2220
Rs.2523
Rs.2522
Answer: D20. The present worth of Rs.169 due in 2 years at 4% per annum compound interest is