Simple Interest Questions for SSC Exam
Q : A sum of money becomes $${7\over6}$$ of itself in 3 years at a certain rate of simple interest. The rate of interest per annum is:
Correct Answer : A
Q : A sum of Rs. 400 amounts to Rs. 480 in 4 years. What will it amount of if the rate of interact is increased by 2% ?
Correct Answer : C
Q :
Correct Answer : A
(A) $$5{5\over9}\%$$
(B) $$6{5\over9}\%$$
(C) 18%
(D) 25%
Correct Answer : A
(A) Rs. 484
(B) Rs. 560
(C) Rs. 512
(D) None of these
Correct Answer : C
What will be the difference between the compound interest and simple interest at the rate of 5% per annum on an amount of Rs 4000 at the end of 2 year?
(A) Rs 10
(B) Rs 20
(C) Rs 25
(D) Data inadequate
(E) None of these
Correct Answer : A
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Rajesh Bhatia
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