Simple Interest (SSC)

Total Questions: 50

31. A certain sum amounts to Rs 81840 in 3 years and to Rs 92,400 in 5 years at x% p.a. Under simple interest. If the rate of interest becomes (x + 2)%, then in how many years will the same sum double itself? [SSC CGL 20/08/2021 (Morning)]

Correct Answer: (c) 10
Solution:

32. A man invested an amount of Rs 105750 at simple interest in the name of his son, daughter and his wife in such a way that they get the same interest after 3, 4 and 5 years respectively. If the rate of interest is 5% per annum, then the amount invested for the wife is: [SSC CHSL 12/08/2021 (Evening)]

Correct Answer: (a) 27000
Solution:

33. A person invested a total of ₹9,000 in three parts at 3%, 4% and 6% per annum on simple interest. At the end of a year, he received equal interest in all three cases. The amount invested at 6% is: [SSC CHSL 12/08/2021 (Evening)]

Correct Answer: (a) ₹2000
Solution:

34. A man takes a loan of some amount at some rate of simple interest. After three years, the loan amount is doubled and the rate of interest is decreased by 2%. After 5 years, if the total interest paid on the whole is Rs 13,600, which is equal to the same when the first amount was taken for 11 ⅓ years, then the loan taken initially is: [SSC CHSL 14/10/2020 (Afternoon)]

Correct Answer: (c) Rs 10,000
Solution:

35. A sum of Rs. 12,000 was borrowed at a rate of simple interest. After four months, Rs. 6000 more was borrowed and rate of interest on the total principal was doubled than that of the previous rate. At the end of the year, 2800 was paid as the interest. Find the rate that was applicable in the initial. [SSC CHSL 13/10/2020 (Morning)]

Correct Answer: (d) 10%
Solution:

36. A person invested a sum of Rs. 18,600 at x % p.a. and another sum that is twice the former at (x + 2) % p.a., both at a simple interest. If the total interest earned on both investments 3 ½ years is Rs 23,110.50, then the rate of interset p.a. on the second investments is. [SSC CPO 11/12/2019 (Morning)]

Correct Answer: (d) 12.5%
Solution:

37. A person invested one-fourth of the sum of Rs 25000 at a certain rate of simple interest and the rest at 4% p.a. higher rate. If the total interest received for 2 years is Rs 4,125. What is the rate at which the second sum was invested? [SSC CGLTier II (13/09/2019)]

Correct Answer: (b) 9.25%
Solution:

38. A sum amounts to Rs 14,395.20 at 9.25% p.a. simple interest in 5.4 years. What will be the simple interest on the same sum at 8.6% p.a. in 4.5 years? [SSC CGL Tier II (12/09/2019)]

Correct Answer: (a) Rs 3715.20
Solution:

39. The simple interest on Rs x for m years at a rate of r % is equal to the same on Rs y for n years at the rate of s %, then x/y is equal to:  [SSC MTS 16/08/2019 (Morning)]

Correct Answer: (b) ns/mr
Solution:

40. A sum doubles in seven years at simple interest. In how many years will the sum become five times the original sum? [SSC MTS 09/08/2019 (Afternoon)]

Correct Answer: (c) 28
Solution: