Simple & Compound Interest · SSC CGL previous year questions

2022 13 questions

1. Q582022 · 13 Dec 2022 · Shift 2

   A sum of Rs. 10 is lent by a child to his friend to be returned in 11 monthly instalments of Rs. 1 each, the interest being simple. The rate of interest is:

   
   1. A.Option 1
   2. B.Option 2
   3. C.Option 3
   4. D.Option 4
   Show answer

   Answer: B

2. Q542022 · 12 Dec 2022 · Shift 2

   What is the rate of interest per annum for simple interest at which Rs. 880 amounts to Rs. 913 in 1 years?

   
   1. A.Option 1
   2. B.Option 2
   3. C.Option 3
   4. D.Option 4
   Show answer

   Answer: C

3. Q742022 · 12 Dec 2022 · Shift 4

   A sum of money doubles itself in 7 years at simple interest. In how much time will it become 5 times of itself?

   1. A.25 years
   2. B.28 years
   3. C.23 years
   4. D.21 years
   Show answer

   Answer: B

4. Q522022 · 8 Dec 2022 · Shift 2

   Anuradha invests her money in a firm where the principal amount becomes 3 times in 10 years. What is the yearly rate of simple interest offered by the firm?

   1. A.25%
   2. B.20%
   3. C.22%
   4. D.18%
   Show answer

   Answer: B

5. Q702022 · 8 Dec 2022 · Shift 3

   A certain amount will become six times in 20 years. How long does it take for the same amount to become 5 times? Assume the same rate of simple interest in each case.

   1. A.16 years 8 months
   2. B.15 years 8 months
   3. C.15 years
   4. D.16 years
   Show answer

   Answer: D

6. Q752022 · 7 Dec 2022 · Shift 2

   A sum is deposited in a bank which gives simple interest. The sum becomes 1.25 times in 3 years. If there is a requirement of ₹7,60,000 after seven years, how much amount (in ₹) should one deposit to fulfil the requirement?

   1. A.5,20,000
   2. B.5,70,000
   3. C.4,80,000
   4. D.6,00,000
   Show answer

   Answer: C

7. Q712022 · 7 Dec 2022 · Shift 4

   Find the simple interest on ₹2,700 for 8 months at 5 paisa per rupee per month?

   1. A.₹950
   2. B.₹720
   3. C.₹540
   4. D.₹1,080
   Show answer

   Answer: D

8. Q522022 · 6 Dec 2022 · Shift 1

   The simple interest received on a sum is 25/36 of the sum. The number of years is equal to the annual rate of interest. What is the annual rate of interest?

   1. A.9.25 percent
   2. B.10.25 percent
   3. C.6.62 percent
   4. D.8.33 percent
   Show answer

   Answer: D

9. Q652022 · 6 Dec 2022 · Shift 4

   A person lent Rs. 23000 to B for 3 years and Rs. 19000 to C for 4 years on simple interest at the same rate of interest and received Rs. 3625 in all from both of them as interest. What is the annual rate of interest?

   1. A.1.5 percent
   2. B.3 percent
   3. C.2.5 percent
   4. D.4 percent
   Show answer

   Answer: C

10. Q532022 · 5 Dec 2022 · Shift 2

    A certain sum of money becomes triple of itself in 26 years at simple interest. In how many years it will becomes five times of itself?

    1. A.64 years
    2. B.52 years
    3. C.56 years
    4. D.60 years
    Show answer

    Answer: B

11. Q682022 · 5 Dec 2022 · Shift 3

    A sum of money invested at simple interest becomes 17/10 of itself in 2 years and 6 months. What is the rate of interest per annum?

    1. A.22 percent
    2. B.16 percent
    3. C.28 percent
    4. D.34 percent
    Show answer

    Answer: C

12. Q572022 · 2 Dec 2022 · Shift 4

    On simple interest a sum of Rs. 640 becomes Rs. 832 in 2 years. What will Rs. 860 become in 4 years at the same rate of simple interest?

    1. A.Rs. 1,250
    2. B.Rs. 1,376
    3. C.Rs. 1,426
    4. D.Rs. 1,150
    Show answer

    Answer: B

13. Q592022 · 1 Dec 2022 · Shift 1

    ₹2,500, when invested for 8 years at a given rate of simple interest per year, amounted to ₹3,725 on maturity. What was the rate of simple interest that was paid per annum?

    1. A.6%
    2. B.6.125%
    3. C.6.25%
    4. D.5.875%
    Show answer

    Answer: B