SSC CGL Previous Year Questions: Simple & Compound Interest - 1 - SSC CGL MCQ

The difference between the compound interest and simple interest on ₹ x at 8% per annum for 2 years is ₹ 19.20. What is the value of x?    (SSC CGL-2018)

A borrowed a sum of  ₹ 3,000 from his friend B on 31 December 2007 on the condition that he would return the same after one year with simple interest at 15% per annum. However, A gets into a position of returning the sum on 31 August 2008. How much amount had A to return to B?    (SSC CHSL-2018)

A sum of ₹ 12,800 is invested partly at 15% per annum and the remaining at 12% per annum simple interest. If the total interest at the end of 3 years is ₹ 5,085, then how much money was invested at 15% per annum?    (SSC Sub. Ins. 2018)

A sum of ₹ 18,000 is invested for 16 months at 8% per annum compounded half-yearly. What is the percentage gain at the end of 16 months, to the nearest whole number?    (SSC Sub. Ins. 2018)

An amount was lent for two years at the rate of 20% per annum compounding annually. Had the compounding been done half yearly, the interest would have increased by 241. What was the amount (in ₹) lent?    (SSC Sub. Ins. 2017)

What is the compound interest (in ₹) on ₹ 12500 at the rate of 12% per annum compounded yearly for 2 years?    (SSC Sub. Ins. 2017)

The simple interest on sum for 5 years is 3/5th of the sum. The rate of interest per annum is:    (SSC MTS 2017)

A sum of ₹ 400 becomes ₹ 448 at simple interest in 2 years. In how many years will the sum of ₹ 550 amounts to ₹ 682 at the same rate?    (SSC CGL 2017)

The difference between the compound interest compounding half yearly for 1 year and the simple interest for 1 year on a certain sum of money lent out at 8% per annum is ₹ 64. What is the sum (in ₹)?  (SSC CGL 2017)

A certain sum of money triples itself in 5 years at simple interest. In how many years it will be five times?    (SSC CGL 2017)

A person lent certain sum of money at 5% per annum simple interest and in 15 years the interest amounted to ₹ 250 less than the sum lent. What was the sum lent (in ₹)?    (SSC CGL 2017)

A sum of ₹ x was put at simple interest at a certain rate for 2 years. Had it been put at 3% higher rate, it would have fetched ₹ 300 more. The value of 4x  is    (SSC Sub. Ins. 2016)

A sum of money placed at compound interest double itself at 2 years. The year it will take to amount 4 times itself is    (SSC Sub. Ins. 2016)

Alipta got some amount of money from her father. In how many years will the ratio of the money and the interest obtained from it be 10 : 3 at 6% simple interest per annum?    (SSC CGL 2nd Sit. 2016)

What would be the compound interest of ₹ 25000 for 2 yrs. at 5% per annum    (SSC CGL 1st Sit. 2016)

The simple interest on a certain sum of money at the rate of 5% per annum for 8 years is ₹ 840. Rate of interest for which the same amount of interest can be received on the same sum after 5 years is    (SSC CGL 1st Sit. 2016)

A certain sum will amount to ₹ 12,100 in 2 years at 10% per annum of compound interest, interest being compounded annually. The sum is:    (SSC CGL 1st Sit. 2016)