Simple Interest (SSC) (Part-2)

Total Questions: 50

1. Divyansh invested 1/4 of his capital at 10%, 1/5 at 20% and the remaining at 30% simple interest per annum, respectively. If his annual income is ₹3,220, then find the capital (in ₹). [SSC MTS 21/10/2024 (Evening)]

Correct Answer: (d) 14,000
Solution:

2. A borrows ₹7,500 for 4 years at 8% p.a. simple interest. B borrows the same amount at simple interest of 9% for the first year, 10% for the second year and 6% for the next two years. What is simple interest paid by A and B in total (in ₹)? [SSC MTS 22/10/2024 (Morning)]

Correct Answer: (c) 4,725
Solution:

3. Pooja invested a certain sum in a scheme at simple interest of r% per annum for 12.5 years and get interest equal to 3/4 of sum invested. [SSC MTS 22/10/2024 (Evening)]

Correct Answer: (b) 6
Solution:

4. Raghu lends ₹9,600 and ₹11,800 at simple interest to two different persons for the same time at the rate of 7% per annum and 8% per annum, respectively. If he had received ₹9,696 as total interest from both, find the time period for which the amounts were lent. [SSC MTS 30/10/2024 (Afternoon)]

Correct Answer: (c) 6 years
Solution:

5. A sum of ₹12,000 becomes double at simple interest in 7 years at a certain rate of simple interest. Find the time (in years) it takes for the amount to become ₹60,000 at the same rate of interest. [SSC MTS 13/11/2024 (Morning)]

Correct Answer: (a) 28
Solution:

6. If a sum of ₹5,000 is taken at a simple rate of interest of 15% per annum for 3 years and another sum of ₹8,000 is taken at a simple interest of 12% per annum for 4 years, the positive difference of the interests paid is: [SSC CGL 09/09/2024 (2nd Shift)]

Correct Answer: (b) ₹1,590
Solution:

7. Ramesh has ₹18,000. He deposited ₹7,000 in a bank at the rate of 5% per annum and ₹6,000 in other bank at the rate of 6% per annum simple interest. If he received ₹1,160 as simple interest at the end of one year, then the rate of interest per annum on rest of the capital is equal to: [SSC CGL 09/09/2024 (3rd Shift)]

Correct Answer: (c) 9%
Solution:

8. Kiran lent ₹4,000 to two persons such that one part of it at the rate of 8% per annum and the remaining part at the rate of 10% per annum. He got an annual simple interest of ₹352. Then the sum lent at 10% is: [SSC CGL 10/09/2024 (1st Shift)]

Correct Answer: (d) ₹1600
Solution:

9. Simple interest on a certain sum is one-fifth of the sum and the interest rate per cent per annum is 5 times the number of years. If the rate of interest increases by 3%, then how much will the simple interest (in ₹) be on ₹5,600 for 6 years? [SSC CGL 10/09/2024 (3rd Shift)]

Correct Answer: (d) 4368
Solution:

10. The interest accrued on a sum of ₹16,000 lent at a simple interest rate of 14% p.a. for the time in those many years, which gives a simple interest of three-fifths of a certain sum at 10% p.a., is: [SSC CGL 11/09/2024 (1st Shift)]

Correct Answer: (a) ₹13,440
Solution: