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Top 10 Questions (Simple Interest) for SSC CGL and CHSL

Top 10 Questions Arithmetic Ability for SSC CGL and CHSL




Top 10 Questions (Simple Interest) for SSC CGL and CHSL



Answers are in bold


1)
A person lends Rs. 60,000, out of them some amount at the rate of 5% and rest of the amount at the rate of 4% simple interest. If total amount of yearly interest is Rs. 2,560, then what will be the amount lended for at 4% interest?
A) Rs. 40,000
B) Rs. 44,000
C) Rs. 30,000
D) Rs. 45,000

2)
If sum becomes double in 12 years at a certain rate of simple interest, then what will be rate of interest per year?
A) %
B) 7.5%
C) %
D) 10%

3)
A person lends Rs. 50,000 of which an amount of Rs. 8,000 at the rate of 5.5% simple interest per year, Rs. 24,000 at the rate of 6% simple interest per year and rest of the amount at a certain rate of simple interest per year so that the total amount of yearly interest will be Rs. 3,860. What will be the rate of interest of the rest of amount lended for ?
A) 5 %
B) 7 %
C) 10 %
D) 12 %

4)
A sum of money amounts to Rs. 5200 in 5 years and to Rs. 5680 in 7 years at simple interest. The rate of interest per annum is
A) 3%
B) 4%
C) 5%
D) 6%

5)
Simple interest on Rs. 500 for 4 years at 6.25% per annum is equal to the simple interest on Rs. 400 at 5% per annum for a certain period of time. The period of time is
A) 4 years
B) 5 years
C) years
D) years

6)
With a given rate of simple interest, the ratio of principal and amount for a certain period of time is 4 : 5. After 3 years with the same rate of interest , the ratio of the principal and amount becomes 5 : 7. The rate of interest is
A) 4%
B) 6%
C) 5%
D) 7%

7)
Rs. 6000 becomes Rs. 7200 in 4 years at a certain rate of simple interest. If the rate becomes 1.5 times of itself, the amount of the same principal in 5 years will be
A) Rs. 8000
B) Rs. 8250
C) Rs. 9250
D) Rs. 9000

8)
Rs. 1000 is invested at 5 % per annum simple interest. If the interest is added to the principal after every 10 years, the amount will become Rs. 2000 after
A) 15 years
B) 18 years
C) 20 years
D) years

9)
What annual payment will discharge a debt of Rs. 6450 due in 4 years at 5% per annum simple interest?
A) Rs. 1400
B) Rs. 1500
C) Rs. 1550
D) Rs. 1600

10)
A person deposited Rs. 400 for 2 years, Rs. 550 for 4 years and Rs. 1200 for 6 years. He received the total simple interest of Rs. 1020. The rate of interest per annum is
A) 10%
B) 5%
C) 15%
D) 20%



3 comments:

  1. Anonymous22 February 2015 at 06:34

    plz give me solution of question no. 6 plzzzzz

    ReplyDelete
  2. Anonymous9 March 2015 at 07:30

    p:a = 4:5, that means interest is 25%
    after 3 years, p:a = 5:7, that means interest is 40%
    therefore, there is an increment of 15% in 3 years
    so the rate of interest is 5%

    ReplyDelete
  3. aryensujjan@gmail.com11 July 2015 at 01:51

    well done

    ReplyDelete

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