Simple Interest and Compound Interest Questions for SSC Exams - 1

Question: 1

The simple interest at x% for x years will be Rs. x on a sum of

(A) Rs x

(B) Rs. $$({100}/{x})$$

(C) Rs 100 x

(D) Rs. $$({100}/{x^2})$$

Question: 2

A certain sum of money at simple interest amounts to Rs.1012 in $$2{1}/{2}$$ years and to Rs.1067.20 in 4 years. The rate of interest per annum is

(A) 2.5%

(B) 3.5%

(C) 3.8%

(D) 4%

Question: 3

The interest earned on Rs.15000 in 3 years at simple interest is Rs.5400. Find the rate of interest per annum.

(A) 11.5%

(B) 11.8%

(C) 12%

(D) 14%

Question: 4

If simple interest on Rs.600 for 14 years and on Rs.600 for 2 years combined together is Rs.180, find the rate of interest.

(A) 4%

(B) 5%

(C) 6%

(D) 7%

Question: 5

At what rate percent of simple interest will a sum of money double itself in 12 years?

(A) $$8{1}/{2}$$%

(B) $$8{1}/{3}$$%

(C) $$8{1}/{3}$$%

(D) $$9{1}/{2}$$%