SSC CGL Previous Year Questions (2023-18): Simple Interest | SSC CGL Previous Year Papers PDF Download

 Page 1


 Pinnacle  Day: 79th - 81st  Simple Interest 
 Simple Interest 
 Key Points:- 
 1.  Simple  Interest  on  a  sum  (principal)  of 
 money  at  R%  per  annum  for  T  years  is 
 given by: 
 ???? =
 ??????????????????     ×     ????????     ×     ???????? 
 100 
=
 ?????? 
 100 
 2.  Amount ( A ) = Principal + S.I. 
 3.  Also,  ,  ,  ?? =   
 ????     ×     100 
 ??     ×     ?? 
 ?? =   
 ????     ×     100 
 ??     ×     ?? 
 ?? =
 ????     ×     100 
 ??     ×     ?? 
 Example:  A  man  lends  Rs.  500  at  10% 
 per  annum  for  2  years.  His  interest  will 
 be: 
 Solution:  Here,  P  =  Rs.  500,  R  =  10%  and 
 T = 2 years. 
 ???? =
 ?????? 
 100 
=
 500     ×     10     ×     2 
 100 
= ???? .    100 
 Important Note : 
 1)  Notice  that  in  the  formula,  ,  ???? =
 ?????? 
 100 
 we are just calculating  of P .  ??     ×     ?? ( ) % 
 2)  Simple  Interest  increases  linearly  with 
 the  number  of  years  i.e.  to  get  SI  for  1 
 year  ,you  can  directly  divide  given 
 interest by the number of years. 
 Example:  If  SI  is  Rs.  400  for  4  years,  then 
 it will be Rs. 200 for 2 years. 
 3)  Annual Installment in case of SI 
 = 
 100  ??    
 100  ??    +   
 ???? (    ??    -    1 )
 2 
 Where,  A  =  Amount  borrowed,  t  =  Time 
 period (number of installment), 
 r = Interest rate 
 Variety Questions 
 Q.1.  The  simple  interest  earned  on 
 ?2,800  at  a  rate  of  10%  per  annum  for  3 
 years  is  ?x  and  ?1,736  is  the  simple 
 interest  earned  on  ?6,200  at  a  rate  of 
 14% for y years, then the value of  is: 
 ?? 
 ?? 
 SSC CGL Tier II  (26/10/2023) 
 (a) 140    (b) 380    (c) 550    (d) 420 
 Q.2.  In  a  store,  Arun  has  two  options  to 
 buy  a  mobile  phone,  either  he  can  pay  the 
 full  amount  of  Rs.2,500  or  he  may  buy  at 
 an  installment  scheme,  i.e.  Rs.520  in 
 down  payment  and  four  equal 
 installments,  rate  of  interest  being 
 charged  at  25%  p.a.  simple  interest.  Arun 
 buys  a  mobile  phone  on  the  installment 
 scheme. What is the monthly installment 
 for Arun? 
 SSC CPO 05/10/2023 (3rd Shift) 
 (a) Rs.510 (b) Rs.530 (c) Rs.550 (d) Rs.520 
 Q.3.  In 't' years, the simple interest 
 earned  on  a  certain  amount  at  the  rate  of 
 10%  per  annum  is  5/8th  of  the  principal 
 amount.  If  the  rate  of  interest  is  made 
 three-fourth  of  10%  and  the  simple 
 interest  remains  the  same,  which  of  the 
 following  statements  is  true  about  the 
 changed value of time? 
 SSC CHSL 14/08/2023 (4th Shift) 
 (a) It remains the same as 't'. 
 (b) It becomes three-fourth of the time ‘t’. 
 (c) It increases to 8  years 
 1 
 3 
 (d) It decreases to 5  years. 
 1 
 2 
 Q.4.  If  a  sum  of  money  becomes  ?6,000 
 in  3  years  and  ?10,500  in  7  years  and  6 
 months  at  the  same  rate  of  simple 
 interest, then what is the rate of interest? 
 SSC CHSL 07/08/2023 (4th Shift) 
 (a) 33  %  (b) 25  % 
 1 
 3 
 1 
 2 
 (c) 45  %  (d) 66  % 
 2 
 3 
 1 
 3 
 Q.5.  Ravi  borrowed  some  money  at  the 
 rate  of  5%  per  annum  for  the  ?rst  three 
 years,  8%  per  annum  for  the  next  two 
 years  and  10%  per  annum  for  the  period 
 beyond  5  years.  If  he  paid  a  total  simple 
 interest  of  ?12,750  at  the  end  of  7  years, 
 then how much money did he borrow? 
 SSC CHSL 07/08/2023 (1st Shift) 
 (a) ?25,000  (b) ?26,000 
 (c) ?27,000  (d) ?24,000 
 Q.6.  What  will  be  the  total  amount 
 payable  on  ?  25,000  in  2  years  if  the  rate 
 of  simple  interest  in  successive  years  is 
 4% and 5% respectively ? 
 SSC CHSL 04/08/2023 (1st Shift) 
 (a) ?26,250  (b) ?28,250 
 (c) ?26,000  (d) ?27,250 
 Q.7.  A  ?nancial  institution  claims  that  it 
 returns  three  times  the  principal  in  25 
 years  on  a  certain  rate  of  simple  interest 
 per  annum.  What  is  the  rate  of  simple 
 interest? 
 SSC CHSL 03/08/2023 (4th Shift) 
 (a) 8%  (b) 6%  (c) 4%  (d) 5% 
 Q.8.  The  simple  interest  on  a  certain  sum 
 for  3  years  at  8%  per  annum  is  ?9120 
 less  than  the  simple  interest  on  the  same 
 sum  for  7  years  at  8%  per  annum.  Find 
 the sum. 
 SSC CHSL 03/08/2023 (1st Shift) 
 (a) ?28500  (b) ?28250 
 (c) ?28750  (d) ?28000 
 Q.9.  Ashima  borrowed  ?75,000  from 
 anationalized  bank  on  26th  March  2022 
 at  the  rate  of  9%  per  annum  simple 
 interest.  If  she  cleared  the  account  on 
 7th June of the same year, then what 
 amount did she pay? 
 SSC CHSL 02/08/2023 (3rd Shift) 
 (a) ?75,000  (b) ?76,350 
 (c) ?1,350  (d) ?75,350 
 Q.10.  A  computer  is  available  for  ?39,000 
 on  cash  payment  or  ?19,000  as  cash 
 payment  followed  by  ?ve  monthly 
 installments  of  ?4,200  each.  What  is  the 
 rate  of  interest  per  annum  under  the 
 installment plan? 
 SSC CHSL 02/08/2023 (2nd Shift) 
 (a) 20  (b) 20 
 19 
 29 
 % 
 17 
 29 
 % 
 (c) 20  (d) 20 
 20 
 29 
 % 
 18 
 29 
 % 
 Q.11.  A  certain  amount  is  lent  at  x%  p.a. 
 simple  interest  for  3  years.  Instead,  if  the 
 amount  was  lent  at  3x%  p.a.  simple 
 interest  for  'y'  more  years,  then  the 
 simple  interest  would  have  been  seven 
 times  the  earlier  interest.  What  is  the 
 value of y ? 
 SSC CGL 21/07/2023 (3rd shift) 
 (a) 3  (b) 4  (c) 5  (d) 6 
 Q.12.  Archana  took  a  loan  of  ?78,000 
 from  a  bank  on  24 
 th 
 January  2012  at  8 
 3 
 4 
 %  per  annum  simple  interest  and  paid  it 
 back  on  18 
 th 
 June  2012.  Find  the  total 
 amount  paid  by  Archana.  (Approximated 
 to nearest integer) 
 SSC CGL 19/07/2023 (3rd shift) 
 (a)  80,723  (b)  90,730  ?  ? 
 (c)  85,733  (d)  88,730  ?  ? 
 Q.13.  A  man  invests  a  total  sum  of 
 ?10,000  in  a  company.  A  part  of  the  sum 
 was  invested  at  10%  simple  interest  per 
 annum  and  the  remaining  part  at  15% 
 simple  interest  per  annum.  If  the  total 
 interest  accrued  to  him  in  two  years 
 equals  ?2,400,  the  sum  invested  at  15% 
 simple interest per annum is: 
 SSC CGL 14/07/2023 (3rd shift) 
 (a) ?8,000  (b) ?4,000 
 (c) ?6,000  (d) ?5,000 
 Q.14.  Ravi  borrowed  ?1,380  from  a  bank 
 which  he  repaid  in  6  years  at  the  rate  of 
 6%  per  annum  simple  interest.  If 
 payment  was  made  in  six  equal 
 installment, then each installment was: 
 Matriculation Level 28/06/2023 (Shift - 4) 
 (a) ?220  (b) ?200  (c) ?180  (d) ?190 
 Q.15.  P  borrows  ?5,00,000  from  the  bank 
 which  charges  18%  simple  interest  per 
 annum  at  the  start  of  the  year.  He  pays 
 11  equal  monthly  installments  of  ?40,000 
 and  his  bike  at  the  end  of  the  year  to  pay 
 the  amount.  What  is  the  value  of  the  bike 
 given? 
 Matriculation Level 27/06/2023 (Shift - 2) 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 569
Page 2


 Pinnacle  Day: 79th - 81st  Simple Interest 
 Simple Interest 
 Key Points:- 
 1.  Simple  Interest  on  a  sum  (principal)  of 
 money  at  R%  per  annum  for  T  years  is 
 given by: 
 ???? =
 ??????????????????     ×     ????????     ×     ???????? 
 100 
=
 ?????? 
 100 
 2.  Amount ( A ) = Principal + S.I. 
 3.  Also,  ,  ,  ?? =   
 ????     ×     100 
 ??     ×     ?? 
 ?? =   
 ????     ×     100 
 ??     ×     ?? 
 ?? =
 ????     ×     100 
 ??     ×     ?? 
 Example:  A  man  lends  Rs.  500  at  10% 
 per  annum  for  2  years.  His  interest  will 
 be: 
 Solution:  Here,  P  =  Rs.  500,  R  =  10%  and 
 T = 2 years. 
 ???? =
 ?????? 
 100 
=
 500     ×     10     ×     2 
 100 
= ???? .    100 
 Important Note : 
 1)  Notice  that  in  the  formula,  ,  ???? =
 ?????? 
 100 
 we are just calculating  of P .  ??     ×     ?? ( ) % 
 2)  Simple  Interest  increases  linearly  with 
 the  number  of  years  i.e.  to  get  SI  for  1 
 year  ,you  can  directly  divide  given 
 interest by the number of years. 
 Example:  If  SI  is  Rs.  400  for  4  years,  then 
 it will be Rs. 200 for 2 years. 
 3)  Annual Installment in case of SI 
 = 
 100  ??    
 100  ??    +   
 ???? (    ??    -    1 )
 2 
 Where,  A  =  Amount  borrowed,  t  =  Time 
 period (number of installment), 
 r = Interest rate 
 Variety Questions 
 Q.1.  The  simple  interest  earned  on 
 ?2,800  at  a  rate  of  10%  per  annum  for  3 
 years  is  ?x  and  ?1,736  is  the  simple 
 interest  earned  on  ?6,200  at  a  rate  of 
 14% for y years, then the value of  is: 
 ?? 
 ?? 
 SSC CGL Tier II  (26/10/2023) 
 (a) 140    (b) 380    (c) 550    (d) 420 
 Q.2.  In  a  store,  Arun  has  two  options  to 
 buy  a  mobile  phone,  either  he  can  pay  the 
 full  amount  of  Rs.2,500  or  he  may  buy  at 
 an  installment  scheme,  i.e.  Rs.520  in 
 down  payment  and  four  equal 
 installments,  rate  of  interest  being 
 charged  at  25%  p.a.  simple  interest.  Arun 
 buys  a  mobile  phone  on  the  installment 
 scheme. What is the monthly installment 
 for Arun? 
 SSC CPO 05/10/2023 (3rd Shift) 
 (a) Rs.510 (b) Rs.530 (c) Rs.550 (d) Rs.520 
 Q.3.  In 't' years, the simple interest 
 earned  on  a  certain  amount  at  the  rate  of 
 10%  per  annum  is  5/8th  of  the  principal 
 amount.  If  the  rate  of  interest  is  made 
 three-fourth  of  10%  and  the  simple 
 interest  remains  the  same,  which  of  the 
 following  statements  is  true  about  the 
 changed value of time? 
 SSC CHSL 14/08/2023 (4th Shift) 
 (a) It remains the same as 't'. 
 (b) It becomes three-fourth of the time ‘t’. 
 (c) It increases to 8  years 
 1 
 3 
 (d) It decreases to 5  years. 
 1 
 2 
 Q.4.  If  a  sum  of  money  becomes  ?6,000 
 in  3  years  and  ?10,500  in  7  years  and  6 
 months  at  the  same  rate  of  simple 
 interest, then what is the rate of interest? 
 SSC CHSL 07/08/2023 (4th Shift) 
 (a) 33  %  (b) 25  % 
 1 
 3 
 1 
 2 
 (c) 45  %  (d) 66  % 
 2 
 3 
 1 
 3 
 Q.5.  Ravi  borrowed  some  money  at  the 
 rate  of  5%  per  annum  for  the  ?rst  three 
 years,  8%  per  annum  for  the  next  two 
 years  and  10%  per  annum  for  the  period 
 beyond  5  years.  If  he  paid  a  total  simple 
 interest  of  ?12,750  at  the  end  of  7  years, 
 then how much money did he borrow? 
 SSC CHSL 07/08/2023 (1st Shift) 
 (a) ?25,000  (b) ?26,000 
 (c) ?27,000  (d) ?24,000 
 Q.6.  What  will  be  the  total  amount 
 payable  on  ?  25,000  in  2  years  if  the  rate 
 of  simple  interest  in  successive  years  is 
 4% and 5% respectively ? 
 SSC CHSL 04/08/2023 (1st Shift) 
 (a) ?26,250  (b) ?28,250 
 (c) ?26,000  (d) ?27,250 
 Q.7.  A  ?nancial  institution  claims  that  it 
 returns  three  times  the  principal  in  25 
 years  on  a  certain  rate  of  simple  interest 
 per  annum.  What  is  the  rate  of  simple 
 interest? 
 SSC CHSL 03/08/2023 (4th Shift) 
 (a) 8%  (b) 6%  (c) 4%  (d) 5% 
 Q.8.  The  simple  interest  on  a  certain  sum 
 for  3  years  at  8%  per  annum  is  ?9120 
 less  than  the  simple  interest  on  the  same 
 sum  for  7  years  at  8%  per  annum.  Find 
 the sum. 
 SSC CHSL 03/08/2023 (1st Shift) 
 (a) ?28500  (b) ?28250 
 (c) ?28750  (d) ?28000 
 Q.9.  Ashima  borrowed  ?75,000  from 
 anationalized  bank  on  26th  March  2022 
 at  the  rate  of  9%  per  annum  simple 
 interest.  If  she  cleared  the  account  on 
 7th June of the same year, then what 
 amount did she pay? 
 SSC CHSL 02/08/2023 (3rd Shift) 
 (a) ?75,000  (b) ?76,350 
 (c) ?1,350  (d) ?75,350 
 Q.10.  A  computer  is  available  for  ?39,000 
 on  cash  payment  or  ?19,000  as  cash 
 payment  followed  by  ?ve  monthly 
 installments  of  ?4,200  each.  What  is  the 
 rate  of  interest  per  annum  under  the 
 installment plan? 
 SSC CHSL 02/08/2023 (2nd Shift) 
 (a) 20  (b) 20 
 19 
 29 
 % 
 17 
 29 
 % 
 (c) 20  (d) 20 
 20 
 29 
 % 
 18 
 29 
 % 
 Q.11.  A  certain  amount  is  lent  at  x%  p.a. 
 simple  interest  for  3  years.  Instead,  if  the 
 amount  was  lent  at  3x%  p.a.  simple 
 interest  for  'y'  more  years,  then  the 
 simple  interest  would  have  been  seven 
 times  the  earlier  interest.  What  is  the 
 value of y ? 
 SSC CGL 21/07/2023 (3rd shift) 
 (a) 3  (b) 4  (c) 5  (d) 6 
 Q.12.  Archana  took  a  loan  of  ?78,000 
 from  a  bank  on  24 
 th 
 January  2012  at  8 
 3 
 4 
 %  per  annum  simple  interest  and  paid  it 
 back  on  18 
 th 
 June  2012.  Find  the  total 
 amount  paid  by  Archana.  (Approximated 
 to nearest integer) 
 SSC CGL 19/07/2023 (3rd shift) 
 (a)  80,723  (b)  90,730  ?  ? 
 (c)  85,733  (d)  88,730  ?  ? 
 Q.13.  A  man  invests  a  total  sum  of 
 ?10,000  in  a  company.  A  part  of  the  sum 
 was  invested  at  10%  simple  interest  per 
 annum  and  the  remaining  part  at  15% 
 simple  interest  per  annum.  If  the  total 
 interest  accrued  to  him  in  two  years 
 equals  ?2,400,  the  sum  invested  at  15% 
 simple interest per annum is: 
 SSC CGL 14/07/2023 (3rd shift) 
 (a) ?8,000  (b) ?4,000 
 (c) ?6,000  (d) ?5,000 
 Q.14.  Ravi  borrowed  ?1,380  from  a  bank 
 which  he  repaid  in  6  years  at  the  rate  of 
 6%  per  annum  simple  interest.  If 
 payment  was  made  in  six  equal 
 installment, then each installment was: 
 Matriculation Level 28/06/2023 (Shift - 4) 
 (a) ?220  (b) ?200  (c) ?180  (d) ?190 
 Q.15.  P  borrows  ?5,00,000  from  the  bank 
 which  charges  18%  simple  interest  per 
 annum  at  the  start  of  the  year.  He  pays 
 11  equal  monthly  installments  of  ?40,000 
 and  his  bike  at  the  end  of  the  year  to  pay 
 the  amount.  What  is  the  value  of  the  bike 
 given? 
 Matriculation Level 27/06/2023 (Shift - 2) 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 569
 Pinnacle  Day: 79th - 81st  Simple Interest 
 (a) 1,50,000  (b) 1,75,000 
 (c) 1,25,000  (d) 1,10,000 
 Q.16.  A  sum  of  money  becomes  three 
 times  of  itself  at  the  rate  of  10  percent 
 per  annum  on  simple  interest.  Which  of 
 the  following  statement(s)  is/are 
 correct? 
 I.  It  will  become  5  times  of  itself  at  the 
 rate  of  20  percent  per  annum  on  simple 
 interest in the same time period. 
 II.  It  will  become  7  times  of  itself  at  the 
 rate  of  30  percent  per  annum  on  simple 
 interest in the same time period. 
 SSC CHSL 21/03/2023 (1st Shift) 
 (a) Only II  (b) Neither I nor II 
 (c) Only I  (d) Both I and II 
 Q.17.  of  a  certain  sum  is  lent  at  20 
 1 
 2 
 percent  rate  of  interest.  of  the 
 2 
 5 
 remaining  sum  is  lent  at  25  percent  rate 
 of  interest.  The  remaining  sum  is  lent  at 
 10  percent  rate  of  interest.  If  the  simple 
 interest  received  on  the  total  sum  for  2 
 years is Rs. 360, then what is the sum ? 
 SSC CHSL 09/03/2023 (3rd Shift) 
 (a) Rs.1200  (b) Rs. 800 
 (c) Rs.1000  (d) Rs.1400 
 Q.18.  A  person  lent  Rs.  23000  to  B  for  3 
 years  and  Rs.  19000  to  C  for  4  years  on 
 simple  interest  at  the  same  rate  of 
 interest  and  received  Rs.  3625  in  all  from 
 both  of  them  as  interest.  What  is  the 
 annual rate of interest? 
 SSC CGL 06/12/2022 (4th Shift) 
 (a) 1.5 percent  (b) 3 percent 
 (c) 2.5 percent  (d) 4 percent 
 Q.19.  A  car  with  a  price  of  ?6,50,000  is 
 bought  by  making  some  down  payment. 
 On  the  balance,  a  simple  interest  of  10% 
 is  charged  in  lump  sum  and  the  money  is 
 to  be  paid  in  20  equal  annual 
 installments  of  ?25,000.  How  much  is 
 the down payment? 
 SSC CGL 06/12/2022 (2nd Shift) 
 (a) ? 1,55,945  (b) ? 1,95,455 
 (c) ? 1,94,555  (d) ? 1,45,955 
 Q.20.  What  annual  installment  will 
 discharge  a  debit  of  ?5,664  in  4  years  at 
 12% simple interest ? 
 SSC CGL 02/12/2022 (3rd Shift) 
 (a) ?1,230 (b) ?1,210 (c) ?1,200 (d) ?1,220 
 Q.21.  Damani  purchased  an  item  costing 
 ?7,500  and  paid  ?3,500  as  a  down 
 payment  for  the  same.  If  the  simple 
 interest  charged  for  the  remaining 
 amount  is  9%  per  annum  and  Damani 
 cleared  all  dues  after  4  months  of  the 
 purchase,  how  much  did  Damani  pay 
 after 4 months as interest? 
 SSC CGL 01/12/2022 (4th Shift) 
 (a) ?120  (b) ?100  (c) ?132  (d) ?125 
 Q.22.  Find  the  interest  accrued  on  a  sum 
 of  Rs.1,680  in  two  years,at  the  rate  of 
 4.375% simple interest per annum. 
 Graduate Level 03/08/2022 (Shift - 3) 
 (a) Rs.73.50  (b) Rs.1,470 
 (c) Rs.735  (d) Rs.147 
 Q.23.  A  sum  of  ?5,000  is  divided  into  two 
 parts  such  that  the  simple  interest  on  the 
 ?rst  part  for  4  years  at  6  %  p.a.  is 
 1 
 5 
 2 
 3 
 double  the  simple  interest  on  the  second 
 part  for  2  years  at  4%  p.a.  The  ratio  of 
 3 
 4 
 the second part to the ?rst part is: 
 SSC CGL Tier  II (03/02/2022) 
 (a) 11 : 14 (b) 11 : 13 (c) 14 : 11 (d) 13 : 11 
 Q.24.  Eight  copies  of  a  book  can  be 
 bought  for  a  certain  sum  payable  at  the 
 end  of  a  year  and  ten  copies  of  the  same 
 book  can  be  bought  for  the  same  sum  in 
 cash  money.  What  is  the  rate  percentage 
 of the interest? 
 SSC MTS 20/10/2021 (Afternoon) 
 (a) 30%      (b) 25%       (c) 10%      (d) 15% 
 Q.25.  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) 
 (a) 12.5  (b) 8        (c) 10        (d) 20 
 Q.26.  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) 
 (a) 27000  (b) 28000 
 (c) 25000  (d) 30000 
 Q.27.  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 16/10/2020 (Morning) 
 (a) ?2,000  (b) ?3,000 
 (c) ?4,000                  (d) ?5,000 
 Q.28.  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  ?rst  amount  was  taken  for  11 
 1 
 3 
 years, then the loan taken initially is: 
 SSC CHSL 14/10/2020 (Afternoon) 
 (a) Rs 13,600  (b) Rs 12,500 
 (c) Rs 10,000  (d) Rs 12,000 
 Q.29.  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) 
 (a) 14%    (b) 16%    (c) 12%    (d) 10% 
 Q.30.  The  rate  of  simple  interest  on  a 
 sum  of  money  is  5%  p.a.  for  the  ?rst  4 
 years,  8  %  p.a.  for  the  next  3  years  and 
 10%  p.a.  for  the  period  beyond  7  years.  If 
 the  simple  interest  accrued  by  the  sum 
 over  a  period  of  10  years  is  ?  1,850,  then 
 the sum is: 
 SSC CGL 06/03/2020 (Evening) 
 (a) ? 1,650  (b) ? 1,500 
 (c) ? 2,750  (d) ? 2,500 
 Q.31.  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  for  3 
 1 
 2 
 years  is  Rs  23,110.50  ,  then  the  rate  of 
 interest  p.a.  on  the  second  investment  is. 
 SSC CPO 11/12/2019 (Morning) 
 (a) 11%    (b) 10.5%   (c) 13%    (d) 12.5% 
 Q.32.  Sudeep  invested  of  certain  sum 
 1 
 8 
 at  5%  p.a  for  two  years  and  of  the 
 3 
 5 
 sum  at  6%  p.a  for  two  years  and  the 
 remaining  at  10%  p.a  for  two  years.  If  the 
 total  interest  received  is  Rs  1,674,  then 
 the total sum invested is : 
 SSC CPO  09/12/2019 (Morning) 
 (a) Rs 12,500  (b) Rs 12,000 
 (c) Rs 10,500  (d) Rs 13,000 
 Q.33.  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 CGL Tier II (13/09/2019) 
 (a) 9.5%  (b) 9.25%  (c) 5.255%   (d) 7.5% 
 Q.34.  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) 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 570
Page 3


 Pinnacle  Day: 79th - 81st  Simple Interest 
 Simple Interest 
 Key Points:- 
 1.  Simple  Interest  on  a  sum  (principal)  of 
 money  at  R%  per  annum  for  T  years  is 
 given by: 
 ???? =
 ??????????????????     ×     ????????     ×     ???????? 
 100 
=
 ?????? 
 100 
 2.  Amount ( A ) = Principal + S.I. 
 3.  Also,  ,  ,  ?? =   
 ????     ×     100 
 ??     ×     ?? 
 ?? =   
 ????     ×     100 
 ??     ×     ?? 
 ?? =
 ????     ×     100 
 ??     ×     ?? 
 Example:  A  man  lends  Rs.  500  at  10% 
 per  annum  for  2  years.  His  interest  will 
 be: 
 Solution:  Here,  P  =  Rs.  500,  R  =  10%  and 
 T = 2 years. 
 ???? =
 ?????? 
 100 
=
 500     ×     10     ×     2 
 100 
= ???? .    100 
 Important Note : 
 1)  Notice  that  in  the  formula,  ,  ???? =
 ?????? 
 100 
 we are just calculating  of P .  ??     ×     ?? ( ) % 
 2)  Simple  Interest  increases  linearly  with 
 the  number  of  years  i.e.  to  get  SI  for  1 
 year  ,you  can  directly  divide  given 
 interest by the number of years. 
 Example:  If  SI  is  Rs.  400  for  4  years,  then 
 it will be Rs. 200 for 2 years. 
 3)  Annual Installment in case of SI 
 = 
 100  ??    
 100  ??    +   
 ???? (    ??    -    1 )
 2 
 Where,  A  =  Amount  borrowed,  t  =  Time 
 period (number of installment), 
 r = Interest rate 
 Variety Questions 
 Q.1.  The  simple  interest  earned  on 
 ?2,800  at  a  rate  of  10%  per  annum  for  3 
 years  is  ?x  and  ?1,736  is  the  simple 
 interest  earned  on  ?6,200  at  a  rate  of 
 14% for y years, then the value of  is: 
 ?? 
 ?? 
 SSC CGL Tier II  (26/10/2023) 
 (a) 140    (b) 380    (c) 550    (d) 420 
 Q.2.  In  a  store,  Arun  has  two  options  to 
 buy  a  mobile  phone,  either  he  can  pay  the 
 full  amount  of  Rs.2,500  or  he  may  buy  at 
 an  installment  scheme,  i.e.  Rs.520  in 
 down  payment  and  four  equal 
 installments,  rate  of  interest  being 
 charged  at  25%  p.a.  simple  interest.  Arun 
 buys  a  mobile  phone  on  the  installment 
 scheme. What is the monthly installment 
 for Arun? 
 SSC CPO 05/10/2023 (3rd Shift) 
 (a) Rs.510 (b) Rs.530 (c) Rs.550 (d) Rs.520 
 Q.3.  In 't' years, the simple interest 
 earned  on  a  certain  amount  at  the  rate  of 
 10%  per  annum  is  5/8th  of  the  principal 
 amount.  If  the  rate  of  interest  is  made 
 three-fourth  of  10%  and  the  simple 
 interest  remains  the  same,  which  of  the 
 following  statements  is  true  about  the 
 changed value of time? 
 SSC CHSL 14/08/2023 (4th Shift) 
 (a) It remains the same as 't'. 
 (b) It becomes three-fourth of the time ‘t’. 
 (c) It increases to 8  years 
 1 
 3 
 (d) It decreases to 5  years. 
 1 
 2 
 Q.4.  If  a  sum  of  money  becomes  ?6,000 
 in  3  years  and  ?10,500  in  7  years  and  6 
 months  at  the  same  rate  of  simple 
 interest, then what is the rate of interest? 
 SSC CHSL 07/08/2023 (4th Shift) 
 (a) 33  %  (b) 25  % 
 1 
 3 
 1 
 2 
 (c) 45  %  (d) 66  % 
 2 
 3 
 1 
 3 
 Q.5.  Ravi  borrowed  some  money  at  the 
 rate  of  5%  per  annum  for  the  ?rst  three 
 years,  8%  per  annum  for  the  next  two 
 years  and  10%  per  annum  for  the  period 
 beyond  5  years.  If  he  paid  a  total  simple 
 interest  of  ?12,750  at  the  end  of  7  years, 
 then how much money did he borrow? 
 SSC CHSL 07/08/2023 (1st Shift) 
 (a) ?25,000  (b) ?26,000 
 (c) ?27,000  (d) ?24,000 
 Q.6.  What  will  be  the  total  amount 
 payable  on  ?  25,000  in  2  years  if  the  rate 
 of  simple  interest  in  successive  years  is 
 4% and 5% respectively ? 
 SSC CHSL 04/08/2023 (1st Shift) 
 (a) ?26,250  (b) ?28,250 
 (c) ?26,000  (d) ?27,250 
 Q.7.  A  ?nancial  institution  claims  that  it 
 returns  three  times  the  principal  in  25 
 years  on  a  certain  rate  of  simple  interest 
 per  annum.  What  is  the  rate  of  simple 
 interest? 
 SSC CHSL 03/08/2023 (4th Shift) 
 (a) 8%  (b) 6%  (c) 4%  (d) 5% 
 Q.8.  The  simple  interest  on  a  certain  sum 
 for  3  years  at  8%  per  annum  is  ?9120 
 less  than  the  simple  interest  on  the  same 
 sum  for  7  years  at  8%  per  annum.  Find 
 the sum. 
 SSC CHSL 03/08/2023 (1st Shift) 
 (a) ?28500  (b) ?28250 
 (c) ?28750  (d) ?28000 
 Q.9.  Ashima  borrowed  ?75,000  from 
 anationalized  bank  on  26th  March  2022 
 at  the  rate  of  9%  per  annum  simple 
 interest.  If  she  cleared  the  account  on 
 7th June of the same year, then what 
 amount did she pay? 
 SSC CHSL 02/08/2023 (3rd Shift) 
 (a) ?75,000  (b) ?76,350 
 (c) ?1,350  (d) ?75,350 
 Q.10.  A  computer  is  available  for  ?39,000 
 on  cash  payment  or  ?19,000  as  cash 
 payment  followed  by  ?ve  monthly 
 installments  of  ?4,200  each.  What  is  the 
 rate  of  interest  per  annum  under  the 
 installment plan? 
 SSC CHSL 02/08/2023 (2nd Shift) 
 (a) 20  (b) 20 
 19 
 29 
 % 
 17 
 29 
 % 
 (c) 20  (d) 20 
 20 
 29 
 % 
 18 
 29 
 % 
 Q.11.  A  certain  amount  is  lent  at  x%  p.a. 
 simple  interest  for  3  years.  Instead,  if  the 
 amount  was  lent  at  3x%  p.a.  simple 
 interest  for  'y'  more  years,  then  the 
 simple  interest  would  have  been  seven 
 times  the  earlier  interest.  What  is  the 
 value of y ? 
 SSC CGL 21/07/2023 (3rd shift) 
 (a) 3  (b) 4  (c) 5  (d) 6 
 Q.12.  Archana  took  a  loan  of  ?78,000 
 from  a  bank  on  24 
 th 
 January  2012  at  8 
 3 
 4 
 %  per  annum  simple  interest  and  paid  it 
 back  on  18 
 th 
 June  2012.  Find  the  total 
 amount  paid  by  Archana.  (Approximated 
 to nearest integer) 
 SSC CGL 19/07/2023 (3rd shift) 
 (a)  80,723  (b)  90,730  ?  ? 
 (c)  85,733  (d)  88,730  ?  ? 
 Q.13.  A  man  invests  a  total  sum  of 
 ?10,000  in  a  company.  A  part  of  the  sum 
 was  invested  at  10%  simple  interest  per 
 annum  and  the  remaining  part  at  15% 
 simple  interest  per  annum.  If  the  total 
 interest  accrued  to  him  in  two  years 
 equals  ?2,400,  the  sum  invested  at  15% 
 simple interest per annum is: 
 SSC CGL 14/07/2023 (3rd shift) 
 (a) ?8,000  (b) ?4,000 
 (c) ?6,000  (d) ?5,000 
 Q.14.  Ravi  borrowed  ?1,380  from  a  bank 
 which  he  repaid  in  6  years  at  the  rate  of 
 6%  per  annum  simple  interest.  If 
 payment  was  made  in  six  equal 
 installment, then each installment was: 
 Matriculation Level 28/06/2023 (Shift - 4) 
 (a) ?220  (b) ?200  (c) ?180  (d) ?190 
 Q.15.  P  borrows  ?5,00,000  from  the  bank 
 which  charges  18%  simple  interest  per 
 annum  at  the  start  of  the  year.  He  pays 
 11  equal  monthly  installments  of  ?40,000 
 and  his  bike  at  the  end  of  the  year  to  pay 
 the  amount.  What  is  the  value  of  the  bike 
 given? 
 Matriculation Level 27/06/2023 (Shift - 2) 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 569
 Pinnacle  Day: 79th - 81st  Simple Interest 
 (a) 1,50,000  (b) 1,75,000 
 (c) 1,25,000  (d) 1,10,000 
 Q.16.  A  sum  of  money  becomes  three 
 times  of  itself  at  the  rate  of  10  percent 
 per  annum  on  simple  interest.  Which  of 
 the  following  statement(s)  is/are 
 correct? 
 I.  It  will  become  5  times  of  itself  at  the 
 rate  of  20  percent  per  annum  on  simple 
 interest in the same time period. 
 II.  It  will  become  7  times  of  itself  at  the 
 rate  of  30  percent  per  annum  on  simple 
 interest in the same time period. 
 SSC CHSL 21/03/2023 (1st Shift) 
 (a) Only II  (b) Neither I nor II 
 (c) Only I  (d) Both I and II 
 Q.17.  of  a  certain  sum  is  lent  at  20 
 1 
 2 
 percent  rate  of  interest.  of  the 
 2 
 5 
 remaining  sum  is  lent  at  25  percent  rate 
 of  interest.  The  remaining  sum  is  lent  at 
 10  percent  rate  of  interest.  If  the  simple 
 interest  received  on  the  total  sum  for  2 
 years is Rs. 360, then what is the sum ? 
 SSC CHSL 09/03/2023 (3rd Shift) 
 (a) Rs.1200  (b) Rs. 800 
 (c) Rs.1000  (d) Rs.1400 
 Q.18.  A  person  lent  Rs.  23000  to  B  for  3 
 years  and  Rs.  19000  to  C  for  4  years  on 
 simple  interest  at  the  same  rate  of 
 interest  and  received  Rs.  3625  in  all  from 
 both  of  them  as  interest.  What  is  the 
 annual rate of interest? 
 SSC CGL 06/12/2022 (4th Shift) 
 (a) 1.5 percent  (b) 3 percent 
 (c) 2.5 percent  (d) 4 percent 
 Q.19.  A  car  with  a  price  of  ?6,50,000  is 
 bought  by  making  some  down  payment. 
 On  the  balance,  a  simple  interest  of  10% 
 is  charged  in  lump  sum  and  the  money  is 
 to  be  paid  in  20  equal  annual 
 installments  of  ?25,000.  How  much  is 
 the down payment? 
 SSC CGL 06/12/2022 (2nd Shift) 
 (a) ? 1,55,945  (b) ? 1,95,455 
 (c) ? 1,94,555  (d) ? 1,45,955 
 Q.20.  What  annual  installment  will 
 discharge  a  debit  of  ?5,664  in  4  years  at 
 12% simple interest ? 
 SSC CGL 02/12/2022 (3rd Shift) 
 (a) ?1,230 (b) ?1,210 (c) ?1,200 (d) ?1,220 
 Q.21.  Damani  purchased  an  item  costing 
 ?7,500  and  paid  ?3,500  as  a  down 
 payment  for  the  same.  If  the  simple 
 interest  charged  for  the  remaining 
 amount  is  9%  per  annum  and  Damani 
 cleared  all  dues  after  4  months  of  the 
 purchase,  how  much  did  Damani  pay 
 after 4 months as interest? 
 SSC CGL 01/12/2022 (4th Shift) 
 (a) ?120  (b) ?100  (c) ?132  (d) ?125 
 Q.22.  Find  the  interest  accrued  on  a  sum 
 of  Rs.1,680  in  two  years,at  the  rate  of 
 4.375% simple interest per annum. 
 Graduate Level 03/08/2022 (Shift - 3) 
 (a) Rs.73.50  (b) Rs.1,470 
 (c) Rs.735  (d) Rs.147 
 Q.23.  A  sum  of  ?5,000  is  divided  into  two 
 parts  such  that  the  simple  interest  on  the 
 ?rst  part  for  4  years  at  6  %  p.a.  is 
 1 
 5 
 2 
 3 
 double  the  simple  interest  on  the  second 
 part  for  2  years  at  4%  p.a.  The  ratio  of 
 3 
 4 
 the second part to the ?rst part is: 
 SSC CGL Tier  II (03/02/2022) 
 (a) 11 : 14 (b) 11 : 13 (c) 14 : 11 (d) 13 : 11 
 Q.24.  Eight  copies  of  a  book  can  be 
 bought  for  a  certain  sum  payable  at  the 
 end  of  a  year  and  ten  copies  of  the  same 
 book  can  be  bought  for  the  same  sum  in 
 cash  money.  What  is  the  rate  percentage 
 of the interest? 
 SSC MTS 20/10/2021 (Afternoon) 
 (a) 30%      (b) 25%       (c) 10%      (d) 15% 
 Q.25.  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) 
 (a) 12.5  (b) 8        (c) 10        (d) 20 
 Q.26.  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) 
 (a) 27000  (b) 28000 
 (c) 25000  (d) 30000 
 Q.27.  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 16/10/2020 (Morning) 
 (a) ?2,000  (b) ?3,000 
 (c) ?4,000                  (d) ?5,000 
 Q.28.  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  ?rst  amount  was  taken  for  11 
 1 
 3 
 years, then the loan taken initially is: 
 SSC CHSL 14/10/2020 (Afternoon) 
 (a) Rs 13,600  (b) Rs 12,500 
 (c) Rs 10,000  (d) Rs 12,000 
 Q.29.  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) 
 (a) 14%    (b) 16%    (c) 12%    (d) 10% 
 Q.30.  The  rate  of  simple  interest  on  a 
 sum  of  money  is  5%  p.a.  for  the  ?rst  4 
 years,  8  %  p.a.  for  the  next  3  years  and 
 10%  p.a.  for  the  period  beyond  7  years.  If 
 the  simple  interest  accrued  by  the  sum 
 over  a  period  of  10  years  is  ?  1,850,  then 
 the sum is: 
 SSC CGL 06/03/2020 (Evening) 
 (a) ? 1,650  (b) ? 1,500 
 (c) ? 2,750  (d) ? 2,500 
 Q.31.  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  for  3 
 1 
 2 
 years  is  Rs  23,110.50  ,  then  the  rate  of 
 interest  p.a.  on  the  second  investment  is. 
 SSC CPO 11/12/2019 (Morning) 
 (a) 11%    (b) 10.5%   (c) 13%    (d) 12.5% 
 Q.32.  Sudeep  invested  of  certain  sum 
 1 
 8 
 at  5%  p.a  for  two  years  and  of  the 
 3 
 5 
 sum  at  6%  p.a  for  two  years  and  the 
 remaining  at  10%  p.a  for  two  years.  If  the 
 total  interest  received  is  Rs  1,674,  then 
 the total sum invested is : 
 SSC CPO  09/12/2019 (Morning) 
 (a) Rs 12,500  (b) Rs 12,000 
 (c) Rs 10,500  (d) Rs 13,000 
 Q.33.  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 CGL Tier II (13/09/2019) 
 (a) 9.5%  (b) 9.25%  (c) 5.255%   (d) 7.5% 
 Q.34.  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) 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 570
 Pinnacle  Day: 79th - 81st  Simple Interest 
 (a) Rs 3715.20  (b) Rs 3627 
 (c) Rs 3797.76  (d) Rs 3672 
 Q.35.  If  the  simple  interest  on  Rs.  28000 
 at  some  rate  for  three  years  is  Rs.  225 
 more  than  the  simple  interest  on  Rs. 
 27000  at  the  same  rate  for  3  years,  then 
 what  will  be  the  simple  interest  on  Rs. 
 35500 for 2  years at the same rate ? 
 3 
 5 
 SSC MTS 21/08/2019 (Evening) 
 (a) Rs 6966.50  (b) Rs 6922.50 
 (c) Rs 6953.00  (d) Rs 6723.50 
 Q.36.  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 
 is equal to: 
 ?? 
 ?? 
 SSC MTS 16/08/2019 (Morning) 
 (a)  (b)  (c)  (d) 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 Q.37.  A  sum  doubles  in  seven  years  at 
 simple  interest.  In  how  many  years  will 
 the  sum  become  ?ve  times  the  original 
 sum ? 
 SSC MTS 09/08/2019 (Afternoon) 
 (a) 35  (b) 21  (c) 28  (d) 30 
 Q.38.  A  sum  of  Rs  10000  is  invested  in 
 three  schemes  of  simple  interest.  The 
 annual  interest  rates  are  respectively,  4%, 
 6%  and  10%.  Rs  4000  were  invested  in 
 the  ?rst  scheme.  If  the  total  interest 
 earned  after  ?ve  years  is  Rs  2800,  then 
 how much money was invested in the 
 third scheme? 
 SSC MTS 08/08/2019 (Evening) 
 (a) Rs 1500  (b) Rs 5000 
 (c) Rs 1000  (d) Rs 3000 
 Q.39.  A  sum  of  Rs  1500  is  invested  at 
 simple  interest  for  x  months.  If  the  rate  of 
 interest  is  %  per  annum,  then  the  sum 
 ?? 
 8 
 grows to Rs 1590. What is the value of x? 
 SSC MTS 07/08/2019 (Morning) 
 (a) 3.2  (b) 2.4  (c) 32  (d) 24 
 Q.40.  A  certain  sum  was  invested  on 
 simple  interest.  The  amount  to  which  it 
 had  grown  in  ?ve  years  was  1  times 
 1 
 4 
 the  amount  to  which  it  had  grown  in  three 
 years. The percentage rate of interest 
 was: 
 SSC CHSL 11/07/2019 (Morning) 
 (a) 10%  (b) 20%     (c) 25%     (d) 15% 
 Q.41.  A  borrows  a  sum  of  Rs  1000  from 
 his  friend  B  on  31  December  2015  on  the 
 condition  that  he  will  return  the  same 
 after  one  year  with  simple  interest  at 
 12%.  However,  A  gets  into  a  position  of 
 returning the money on 1 May 2016. How 
 much amount he has to return to B ? 
 SSC CHSL 10/07/2019 (Morning) 
 (a) Rs 1,331.5  (b) Rs 1,045 
 (c) Rs 1,120  (d) Rs 1,040 
 Q.42.  The  simple  interest  on  a  certain 
 sum  at  15%  p.a.  For  three  years  is  Rs. 
 7200. The sum is : 
 SSC CPO 15/03/2019 (Morning) 
 (a) 16000  (b) 24000 
 (c) 32000  (d) 48000 
 Practice Questions 
 SSC CHSL 2023 Tier - 2 
 Q.43.  A  person  borrowed  some  money 
 on  simple  interest.  After  3  years,  he 
 returned  of  the  money  to  the  lender. 
 4 
 3 
 What was the rate of interest ? 
 SSC CHSL Tier II  02/11/2023 
 (a)  p.a  (b)  p.a  11 
 2 
 9 
 %  11 
 3 
 9 
 % 
 (c)  p.a  (d)  p.a  11 
 4 
 9 
 %  11 
 1 
 9 
 % 
 Q.44.  In  how  many  years  will  ?2,500 
 invested  at  the  rate  of  16%  p.a.  simple 
 interest, amount to ?4,100 ? 
 SSC CHSL Tier II  10/01/2024 
 (a) 4  (b) 3  (c) 5  (d) 6 
 SSC CPO 2023 Tier - 1 
 Q.45.  Rajesh  invested  ?10,000  by 
 dividing  it  into  two  different  investment 
 schemes,  A  and  B,  at  simple  interest 
 rates  of  8%  and  10%,  respectively.  If  the 
 total  interest  earned  in  2  years  is  ?1,680, 
 the amount invested in scheme A is: 
 SSC CPO 03/10/2023 (1st Shift) 
 (a) ?4,000 (b) ?2,000 (c) ?6,000 (d) ?8,000 
 Q.46.  If  an  amount  of  ?80  becomes  ?96 
 in  2  years  in  a  bank  account  which  gives 
 simple  annual  interest,  then  an  amount 
 of  ?62,000  will  become  ________  in  the 
 same account after 5 years. 
 SSC CPO 03/10/2023 (2nd  Shift) 
 (a) ?93,000  (b) ?84,600 
 (c) ?82,400  (d) ?88,200 
 Q.47  .  Ramesh  borrowed  some  money  at 
 a  rate  of  5%  per  annum  for  the  ?rst  four 
 years,  8%  per  annum  for  the  next  six 
 years,  and  12%  per  annum  for  the  period 
 beyond  ten  years.  If  the  total  interest  paid 
 by  him  at  the  end  of  twelve  years  is 
 ?9,016,  then  ?nd  the  money  borrowed  by 
 Ramesh. 
 SSC CPO 03/10/2023 (3rd Shift) 
 (a) 9,800  (b) 9,616  (c) 9,816  (d) 9,016 
 Q.48.  Anandi bought a smart watch from 
 an  electronic  store  for  Rs.4,400.  Since 
 she  had  less  money,  she  paid  Rs.2,000 
 for  down  payment  and  the  shopkeeper 
 offered  her  an  alternative  to  pay  Rs.2,440 
 after  1  month.  Find  the  rate  of  interest 
 being  charged  at  simple  interest  by  the 
 shopkeeper in this installment option? 
 SSC CPO 04/10/2023 (1st Shift) 
 (a) 15%  (b) 20%  (c) 10%  (d) 22% 
 Q.49.  Ramesh  borrowed  ?15,000  at  a 
 certain  rate  of  simple  interest  from  a 
 bank.  He  repaid  (the  principal  but  not 
 interest)  ?6,000  after  5  years,  and  after  5 
 more  years  he  paid  ?18,600  and  settled 
 his  account.  Find  the  rate  of  simple 
 interest per annum. 
 SSC CPO 04/10/2023 (2nd Shift) 
 (a) 10%  (b) 8%  (c) 12%  (d) 6% 
 Q.50.  Kanchan  lent  ?10,000  for  2  years 
 and  ?5,000  for  4  years  at  the  same  rate 
 of  simple  interest.  If  the  total  interest 
 received  by  Kanchan  is  ?2,000,  then  what 
 was the rate of interest? 
 SSC CPO 04/10/2023 (3rd Shift) 
 (a) 4%  (b) 2%  (c) 3%  (d) 5% 
 Q.51.  What  annual  installment  (in  ?  )  will 
 discharge  a  debt  of  ?9,429  due  in  three 
 years  at  12.25%  simple  interest  per 
 annum?  [Note:  Installments  will  be  paid 
 at the end of Year 1, Year 2 and Year 3.] 
 SSC CPO 05/10/2023 (1st Shift) 
 (a) 2800   (b) 2700   (c) 2,840   (d) 2760 
 SSC MTS 2023 Tier - 1 
 Q.52.  A  sum  of  money  deposited  at 
 simple  interest  amounts  to  ?1,020  in 
 three  years  and  ?980  in  two  years.  The 
 sum deposited is : 
 SSC MTS 01/09/2023 (2nd Shift) 
 (a) ?900   (b) ?880   (c) ?920   (d) ?840 
 Q.53.  A  car  dealer  borrows  ?20,000  from 
 a  bank  for  a  period  of  2  years  at  a  simple 
 interest  rate  of  8%  per  annum.  If  he 
 repays  the  loan  in  full  at  the  end  of  the  2 
 year  period,  how  much  will  he  have  to 
 pay? 
 SSC MTS 04/09/2023 (1st Shift) 
 (a) ?3,600  (b) ?23,600 
 (c) ?23,200  (d) ?3,200 
 Q.54.  A  sum  invested  at  the  rate  of  6% 
 simple  interest  per  annum  grows  to 
 ?1,13,880  in  5  years.  What  is  the  simple 
 interest,  If  the  same  amount  is  invested 
 for 8 years at the rate of 9% per annum? 
 SSC MTS 04/09/2023 (2nd Shift) 
 (a) ?63,072  (b) ?60,565 
 (c) ?65,392  (d) ?58,050 
 Q.55.  The ratio of principal and amount 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 571
Page 4


 Pinnacle  Day: 79th - 81st  Simple Interest 
 Simple Interest 
 Key Points:- 
 1.  Simple  Interest  on  a  sum  (principal)  of 
 money  at  R%  per  annum  for  T  years  is 
 given by: 
 ???? =
 ??????????????????     ×     ????????     ×     ???????? 
 100 
=
 ?????? 
 100 
 2.  Amount ( A ) = Principal + S.I. 
 3.  Also,  ,  ,  ?? =   
 ????     ×     100 
 ??     ×     ?? 
 ?? =   
 ????     ×     100 
 ??     ×     ?? 
 ?? =
 ????     ×     100 
 ??     ×     ?? 
 Example:  A  man  lends  Rs.  500  at  10% 
 per  annum  for  2  years.  His  interest  will 
 be: 
 Solution:  Here,  P  =  Rs.  500,  R  =  10%  and 
 T = 2 years. 
 ???? =
 ?????? 
 100 
=
 500     ×     10     ×     2 
 100 
= ???? .    100 
 Important Note : 
 1)  Notice  that  in  the  formula,  ,  ???? =
 ?????? 
 100 
 we are just calculating  of P .  ??     ×     ?? ( ) % 
 2)  Simple  Interest  increases  linearly  with 
 the  number  of  years  i.e.  to  get  SI  for  1 
 year  ,you  can  directly  divide  given 
 interest by the number of years. 
 Example:  If  SI  is  Rs.  400  for  4  years,  then 
 it will be Rs. 200 for 2 years. 
 3)  Annual Installment in case of SI 
 = 
 100  ??    
 100  ??    +   
 ???? (    ??    -    1 )
 2 
 Where,  A  =  Amount  borrowed,  t  =  Time 
 period (number of installment), 
 r = Interest rate 
 Variety Questions 
 Q.1.  The  simple  interest  earned  on 
 ?2,800  at  a  rate  of  10%  per  annum  for  3 
 years  is  ?x  and  ?1,736  is  the  simple 
 interest  earned  on  ?6,200  at  a  rate  of 
 14% for y years, then the value of  is: 
 ?? 
 ?? 
 SSC CGL Tier II  (26/10/2023) 
 (a) 140    (b) 380    (c) 550    (d) 420 
 Q.2.  In  a  store,  Arun  has  two  options  to 
 buy  a  mobile  phone,  either  he  can  pay  the 
 full  amount  of  Rs.2,500  or  he  may  buy  at 
 an  installment  scheme,  i.e.  Rs.520  in 
 down  payment  and  four  equal 
 installments,  rate  of  interest  being 
 charged  at  25%  p.a.  simple  interest.  Arun 
 buys  a  mobile  phone  on  the  installment 
 scheme. What is the monthly installment 
 for Arun? 
 SSC CPO 05/10/2023 (3rd Shift) 
 (a) Rs.510 (b) Rs.530 (c) Rs.550 (d) Rs.520 
 Q.3.  In 't' years, the simple interest 
 earned  on  a  certain  amount  at  the  rate  of 
 10%  per  annum  is  5/8th  of  the  principal 
 amount.  If  the  rate  of  interest  is  made 
 three-fourth  of  10%  and  the  simple 
 interest  remains  the  same,  which  of  the 
 following  statements  is  true  about  the 
 changed value of time? 
 SSC CHSL 14/08/2023 (4th Shift) 
 (a) It remains the same as 't'. 
 (b) It becomes three-fourth of the time ‘t’. 
 (c) It increases to 8  years 
 1 
 3 
 (d) It decreases to 5  years. 
 1 
 2 
 Q.4.  If  a  sum  of  money  becomes  ?6,000 
 in  3  years  and  ?10,500  in  7  years  and  6 
 months  at  the  same  rate  of  simple 
 interest, then what is the rate of interest? 
 SSC CHSL 07/08/2023 (4th Shift) 
 (a) 33  %  (b) 25  % 
 1 
 3 
 1 
 2 
 (c) 45  %  (d) 66  % 
 2 
 3 
 1 
 3 
 Q.5.  Ravi  borrowed  some  money  at  the 
 rate  of  5%  per  annum  for  the  ?rst  three 
 years,  8%  per  annum  for  the  next  two 
 years  and  10%  per  annum  for  the  period 
 beyond  5  years.  If  he  paid  a  total  simple 
 interest  of  ?12,750  at  the  end  of  7  years, 
 then how much money did he borrow? 
 SSC CHSL 07/08/2023 (1st Shift) 
 (a) ?25,000  (b) ?26,000 
 (c) ?27,000  (d) ?24,000 
 Q.6.  What  will  be  the  total  amount 
 payable  on  ?  25,000  in  2  years  if  the  rate 
 of  simple  interest  in  successive  years  is 
 4% and 5% respectively ? 
 SSC CHSL 04/08/2023 (1st Shift) 
 (a) ?26,250  (b) ?28,250 
 (c) ?26,000  (d) ?27,250 
 Q.7.  A  ?nancial  institution  claims  that  it 
 returns  three  times  the  principal  in  25 
 years  on  a  certain  rate  of  simple  interest 
 per  annum.  What  is  the  rate  of  simple 
 interest? 
 SSC CHSL 03/08/2023 (4th Shift) 
 (a) 8%  (b) 6%  (c) 4%  (d) 5% 
 Q.8.  The  simple  interest  on  a  certain  sum 
 for  3  years  at  8%  per  annum  is  ?9120 
 less  than  the  simple  interest  on  the  same 
 sum  for  7  years  at  8%  per  annum.  Find 
 the sum. 
 SSC CHSL 03/08/2023 (1st Shift) 
 (a) ?28500  (b) ?28250 
 (c) ?28750  (d) ?28000 
 Q.9.  Ashima  borrowed  ?75,000  from 
 anationalized  bank  on  26th  March  2022 
 at  the  rate  of  9%  per  annum  simple 
 interest.  If  she  cleared  the  account  on 
 7th June of the same year, then what 
 amount did she pay? 
 SSC CHSL 02/08/2023 (3rd Shift) 
 (a) ?75,000  (b) ?76,350 
 (c) ?1,350  (d) ?75,350 
 Q.10.  A  computer  is  available  for  ?39,000 
 on  cash  payment  or  ?19,000  as  cash 
 payment  followed  by  ?ve  monthly 
 installments  of  ?4,200  each.  What  is  the 
 rate  of  interest  per  annum  under  the 
 installment plan? 
 SSC CHSL 02/08/2023 (2nd Shift) 
 (a) 20  (b) 20 
 19 
 29 
 % 
 17 
 29 
 % 
 (c) 20  (d) 20 
 20 
 29 
 % 
 18 
 29 
 % 
 Q.11.  A  certain  amount  is  lent  at  x%  p.a. 
 simple  interest  for  3  years.  Instead,  if  the 
 amount  was  lent  at  3x%  p.a.  simple 
 interest  for  'y'  more  years,  then  the 
 simple  interest  would  have  been  seven 
 times  the  earlier  interest.  What  is  the 
 value of y ? 
 SSC CGL 21/07/2023 (3rd shift) 
 (a) 3  (b) 4  (c) 5  (d) 6 
 Q.12.  Archana  took  a  loan  of  ?78,000 
 from  a  bank  on  24 
 th 
 January  2012  at  8 
 3 
 4 
 %  per  annum  simple  interest  and  paid  it 
 back  on  18 
 th 
 June  2012.  Find  the  total 
 amount  paid  by  Archana.  (Approximated 
 to nearest integer) 
 SSC CGL 19/07/2023 (3rd shift) 
 (a)  80,723  (b)  90,730  ?  ? 
 (c)  85,733  (d)  88,730  ?  ? 
 Q.13.  A  man  invests  a  total  sum  of 
 ?10,000  in  a  company.  A  part  of  the  sum 
 was  invested  at  10%  simple  interest  per 
 annum  and  the  remaining  part  at  15% 
 simple  interest  per  annum.  If  the  total 
 interest  accrued  to  him  in  two  years 
 equals  ?2,400,  the  sum  invested  at  15% 
 simple interest per annum is: 
 SSC CGL 14/07/2023 (3rd shift) 
 (a) ?8,000  (b) ?4,000 
 (c) ?6,000  (d) ?5,000 
 Q.14.  Ravi  borrowed  ?1,380  from  a  bank 
 which  he  repaid  in  6  years  at  the  rate  of 
 6%  per  annum  simple  interest.  If 
 payment  was  made  in  six  equal 
 installment, then each installment was: 
 Matriculation Level 28/06/2023 (Shift - 4) 
 (a) ?220  (b) ?200  (c) ?180  (d) ?190 
 Q.15.  P  borrows  ?5,00,000  from  the  bank 
 which  charges  18%  simple  interest  per 
 annum  at  the  start  of  the  year.  He  pays 
 11  equal  monthly  installments  of  ?40,000 
 and  his  bike  at  the  end  of  the  year  to  pay 
 the  amount.  What  is  the  value  of  the  bike 
 given? 
 Matriculation Level 27/06/2023 (Shift - 2) 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 569
 Pinnacle  Day: 79th - 81st  Simple Interest 
 (a) 1,50,000  (b) 1,75,000 
 (c) 1,25,000  (d) 1,10,000 
 Q.16.  A  sum  of  money  becomes  three 
 times  of  itself  at  the  rate  of  10  percent 
 per  annum  on  simple  interest.  Which  of 
 the  following  statement(s)  is/are 
 correct? 
 I.  It  will  become  5  times  of  itself  at  the 
 rate  of  20  percent  per  annum  on  simple 
 interest in the same time period. 
 II.  It  will  become  7  times  of  itself  at  the 
 rate  of  30  percent  per  annum  on  simple 
 interest in the same time period. 
 SSC CHSL 21/03/2023 (1st Shift) 
 (a) Only II  (b) Neither I nor II 
 (c) Only I  (d) Both I and II 
 Q.17.  of  a  certain  sum  is  lent  at  20 
 1 
 2 
 percent  rate  of  interest.  of  the 
 2 
 5 
 remaining  sum  is  lent  at  25  percent  rate 
 of  interest.  The  remaining  sum  is  lent  at 
 10  percent  rate  of  interest.  If  the  simple 
 interest  received  on  the  total  sum  for  2 
 years is Rs. 360, then what is the sum ? 
 SSC CHSL 09/03/2023 (3rd Shift) 
 (a) Rs.1200  (b) Rs. 800 
 (c) Rs.1000  (d) Rs.1400 
 Q.18.  A  person  lent  Rs.  23000  to  B  for  3 
 years  and  Rs.  19000  to  C  for  4  years  on 
 simple  interest  at  the  same  rate  of 
 interest  and  received  Rs.  3625  in  all  from 
 both  of  them  as  interest.  What  is  the 
 annual rate of interest? 
 SSC CGL 06/12/2022 (4th Shift) 
 (a) 1.5 percent  (b) 3 percent 
 (c) 2.5 percent  (d) 4 percent 
 Q.19.  A  car  with  a  price  of  ?6,50,000  is 
 bought  by  making  some  down  payment. 
 On  the  balance,  a  simple  interest  of  10% 
 is  charged  in  lump  sum  and  the  money  is 
 to  be  paid  in  20  equal  annual 
 installments  of  ?25,000.  How  much  is 
 the down payment? 
 SSC CGL 06/12/2022 (2nd Shift) 
 (a) ? 1,55,945  (b) ? 1,95,455 
 (c) ? 1,94,555  (d) ? 1,45,955 
 Q.20.  What  annual  installment  will 
 discharge  a  debit  of  ?5,664  in  4  years  at 
 12% simple interest ? 
 SSC CGL 02/12/2022 (3rd Shift) 
 (a) ?1,230 (b) ?1,210 (c) ?1,200 (d) ?1,220 
 Q.21.  Damani  purchased  an  item  costing 
 ?7,500  and  paid  ?3,500  as  a  down 
 payment  for  the  same.  If  the  simple 
 interest  charged  for  the  remaining 
 amount  is  9%  per  annum  and  Damani 
 cleared  all  dues  after  4  months  of  the 
 purchase,  how  much  did  Damani  pay 
 after 4 months as interest? 
 SSC CGL 01/12/2022 (4th Shift) 
 (a) ?120  (b) ?100  (c) ?132  (d) ?125 
 Q.22.  Find  the  interest  accrued  on  a  sum 
 of  Rs.1,680  in  two  years,at  the  rate  of 
 4.375% simple interest per annum. 
 Graduate Level 03/08/2022 (Shift - 3) 
 (a) Rs.73.50  (b) Rs.1,470 
 (c) Rs.735  (d) Rs.147 
 Q.23.  A  sum  of  ?5,000  is  divided  into  two 
 parts  such  that  the  simple  interest  on  the 
 ?rst  part  for  4  years  at  6  %  p.a.  is 
 1 
 5 
 2 
 3 
 double  the  simple  interest  on  the  second 
 part  for  2  years  at  4%  p.a.  The  ratio  of 
 3 
 4 
 the second part to the ?rst part is: 
 SSC CGL Tier  II (03/02/2022) 
 (a) 11 : 14 (b) 11 : 13 (c) 14 : 11 (d) 13 : 11 
 Q.24.  Eight  copies  of  a  book  can  be 
 bought  for  a  certain  sum  payable  at  the 
 end  of  a  year  and  ten  copies  of  the  same 
 book  can  be  bought  for  the  same  sum  in 
 cash  money.  What  is  the  rate  percentage 
 of the interest? 
 SSC MTS 20/10/2021 (Afternoon) 
 (a) 30%      (b) 25%       (c) 10%      (d) 15% 
 Q.25.  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) 
 (a) 12.5  (b) 8        (c) 10        (d) 20 
 Q.26.  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) 
 (a) 27000  (b) 28000 
 (c) 25000  (d) 30000 
 Q.27.  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 16/10/2020 (Morning) 
 (a) ?2,000  (b) ?3,000 
 (c) ?4,000                  (d) ?5,000 
 Q.28.  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  ?rst  amount  was  taken  for  11 
 1 
 3 
 years, then the loan taken initially is: 
 SSC CHSL 14/10/2020 (Afternoon) 
 (a) Rs 13,600  (b) Rs 12,500 
 (c) Rs 10,000  (d) Rs 12,000 
 Q.29.  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) 
 (a) 14%    (b) 16%    (c) 12%    (d) 10% 
 Q.30.  The  rate  of  simple  interest  on  a 
 sum  of  money  is  5%  p.a.  for  the  ?rst  4 
 years,  8  %  p.a.  for  the  next  3  years  and 
 10%  p.a.  for  the  period  beyond  7  years.  If 
 the  simple  interest  accrued  by  the  sum 
 over  a  period  of  10  years  is  ?  1,850,  then 
 the sum is: 
 SSC CGL 06/03/2020 (Evening) 
 (a) ? 1,650  (b) ? 1,500 
 (c) ? 2,750  (d) ? 2,500 
 Q.31.  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  for  3 
 1 
 2 
 years  is  Rs  23,110.50  ,  then  the  rate  of 
 interest  p.a.  on  the  second  investment  is. 
 SSC CPO 11/12/2019 (Morning) 
 (a) 11%    (b) 10.5%   (c) 13%    (d) 12.5% 
 Q.32.  Sudeep  invested  of  certain  sum 
 1 
 8 
 at  5%  p.a  for  two  years  and  of  the 
 3 
 5 
 sum  at  6%  p.a  for  two  years  and  the 
 remaining  at  10%  p.a  for  two  years.  If  the 
 total  interest  received  is  Rs  1,674,  then 
 the total sum invested is : 
 SSC CPO  09/12/2019 (Morning) 
 (a) Rs 12,500  (b) Rs 12,000 
 (c) Rs 10,500  (d) Rs 13,000 
 Q.33.  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 CGL Tier II (13/09/2019) 
 (a) 9.5%  (b) 9.25%  (c) 5.255%   (d) 7.5% 
 Q.34.  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) 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 570
 Pinnacle  Day: 79th - 81st  Simple Interest 
 (a) Rs 3715.20  (b) Rs 3627 
 (c) Rs 3797.76  (d) Rs 3672 
 Q.35.  If  the  simple  interest  on  Rs.  28000 
 at  some  rate  for  three  years  is  Rs.  225 
 more  than  the  simple  interest  on  Rs. 
 27000  at  the  same  rate  for  3  years,  then 
 what  will  be  the  simple  interest  on  Rs. 
 35500 for 2  years at the same rate ? 
 3 
 5 
 SSC MTS 21/08/2019 (Evening) 
 (a) Rs 6966.50  (b) Rs 6922.50 
 (c) Rs 6953.00  (d) Rs 6723.50 
 Q.36.  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 
 is equal to: 
 ?? 
 ?? 
 SSC MTS 16/08/2019 (Morning) 
 (a)  (b)  (c)  (d) 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 Q.37.  A  sum  doubles  in  seven  years  at 
 simple  interest.  In  how  many  years  will 
 the  sum  become  ?ve  times  the  original 
 sum ? 
 SSC MTS 09/08/2019 (Afternoon) 
 (a) 35  (b) 21  (c) 28  (d) 30 
 Q.38.  A  sum  of  Rs  10000  is  invested  in 
 three  schemes  of  simple  interest.  The 
 annual  interest  rates  are  respectively,  4%, 
 6%  and  10%.  Rs  4000  were  invested  in 
 the  ?rst  scheme.  If  the  total  interest 
 earned  after  ?ve  years  is  Rs  2800,  then 
 how much money was invested in the 
 third scheme? 
 SSC MTS 08/08/2019 (Evening) 
 (a) Rs 1500  (b) Rs 5000 
 (c) Rs 1000  (d) Rs 3000 
 Q.39.  A  sum  of  Rs  1500  is  invested  at 
 simple  interest  for  x  months.  If  the  rate  of 
 interest  is  %  per  annum,  then  the  sum 
 ?? 
 8 
 grows to Rs 1590. What is the value of x? 
 SSC MTS 07/08/2019 (Morning) 
 (a) 3.2  (b) 2.4  (c) 32  (d) 24 
 Q.40.  A  certain  sum  was  invested  on 
 simple  interest.  The  amount  to  which  it 
 had  grown  in  ?ve  years  was  1  times 
 1 
 4 
 the  amount  to  which  it  had  grown  in  three 
 years. The percentage rate of interest 
 was: 
 SSC CHSL 11/07/2019 (Morning) 
 (a) 10%  (b) 20%     (c) 25%     (d) 15% 
 Q.41.  A  borrows  a  sum  of  Rs  1000  from 
 his  friend  B  on  31  December  2015  on  the 
 condition  that  he  will  return  the  same 
 after  one  year  with  simple  interest  at 
 12%.  However,  A  gets  into  a  position  of 
 returning the money on 1 May 2016. How 
 much amount he has to return to B ? 
 SSC CHSL 10/07/2019 (Morning) 
 (a) Rs 1,331.5  (b) Rs 1,045 
 (c) Rs 1,120  (d) Rs 1,040 
 Q.42.  The  simple  interest  on  a  certain 
 sum  at  15%  p.a.  For  three  years  is  Rs. 
 7200. The sum is : 
 SSC CPO 15/03/2019 (Morning) 
 (a) 16000  (b) 24000 
 (c) 32000  (d) 48000 
 Practice Questions 
 SSC CHSL 2023 Tier - 2 
 Q.43.  A  person  borrowed  some  money 
 on  simple  interest.  After  3  years,  he 
 returned  of  the  money  to  the  lender. 
 4 
 3 
 What was the rate of interest ? 
 SSC CHSL Tier II  02/11/2023 
 (a)  p.a  (b)  p.a  11 
 2 
 9 
 %  11 
 3 
 9 
 % 
 (c)  p.a  (d)  p.a  11 
 4 
 9 
 %  11 
 1 
 9 
 % 
 Q.44.  In  how  many  years  will  ?2,500 
 invested  at  the  rate  of  16%  p.a.  simple 
 interest, amount to ?4,100 ? 
 SSC CHSL Tier II  10/01/2024 
 (a) 4  (b) 3  (c) 5  (d) 6 
 SSC CPO 2023 Tier - 1 
 Q.45.  Rajesh  invested  ?10,000  by 
 dividing  it  into  two  different  investment 
 schemes,  A  and  B,  at  simple  interest 
 rates  of  8%  and  10%,  respectively.  If  the 
 total  interest  earned  in  2  years  is  ?1,680, 
 the amount invested in scheme A is: 
 SSC CPO 03/10/2023 (1st Shift) 
 (a) ?4,000 (b) ?2,000 (c) ?6,000 (d) ?8,000 
 Q.46.  If  an  amount  of  ?80  becomes  ?96 
 in  2  years  in  a  bank  account  which  gives 
 simple  annual  interest,  then  an  amount 
 of  ?62,000  will  become  ________  in  the 
 same account after 5 years. 
 SSC CPO 03/10/2023 (2nd  Shift) 
 (a) ?93,000  (b) ?84,600 
 (c) ?82,400  (d) ?88,200 
 Q.47  .  Ramesh  borrowed  some  money  at 
 a  rate  of  5%  per  annum  for  the  ?rst  four 
 years,  8%  per  annum  for  the  next  six 
 years,  and  12%  per  annum  for  the  period 
 beyond  ten  years.  If  the  total  interest  paid 
 by  him  at  the  end  of  twelve  years  is 
 ?9,016,  then  ?nd  the  money  borrowed  by 
 Ramesh. 
 SSC CPO 03/10/2023 (3rd Shift) 
 (a) 9,800  (b) 9,616  (c) 9,816  (d) 9,016 
 Q.48.  Anandi bought a smart watch from 
 an  electronic  store  for  Rs.4,400.  Since 
 she  had  less  money,  she  paid  Rs.2,000 
 for  down  payment  and  the  shopkeeper 
 offered  her  an  alternative  to  pay  Rs.2,440 
 after  1  month.  Find  the  rate  of  interest 
 being  charged  at  simple  interest  by  the 
 shopkeeper in this installment option? 
 SSC CPO 04/10/2023 (1st Shift) 
 (a) 15%  (b) 20%  (c) 10%  (d) 22% 
 Q.49.  Ramesh  borrowed  ?15,000  at  a 
 certain  rate  of  simple  interest  from  a 
 bank.  He  repaid  (the  principal  but  not 
 interest)  ?6,000  after  5  years,  and  after  5 
 more  years  he  paid  ?18,600  and  settled 
 his  account.  Find  the  rate  of  simple 
 interest per annum. 
 SSC CPO 04/10/2023 (2nd Shift) 
 (a) 10%  (b) 8%  (c) 12%  (d) 6% 
 Q.50.  Kanchan  lent  ?10,000  for  2  years 
 and  ?5,000  for  4  years  at  the  same  rate 
 of  simple  interest.  If  the  total  interest 
 received  by  Kanchan  is  ?2,000,  then  what 
 was the rate of interest? 
 SSC CPO 04/10/2023 (3rd Shift) 
 (a) 4%  (b) 2%  (c) 3%  (d) 5% 
 Q.51.  What  annual  installment  (in  ?  )  will 
 discharge  a  debt  of  ?9,429  due  in  three 
 years  at  12.25%  simple  interest  per 
 annum?  [Note:  Installments  will  be  paid 
 at the end of Year 1, Year 2 and Year 3.] 
 SSC CPO 05/10/2023 (1st Shift) 
 (a) 2800   (b) 2700   (c) 2,840   (d) 2760 
 SSC MTS 2023 Tier - 1 
 Q.52.  A  sum  of  money  deposited  at 
 simple  interest  amounts  to  ?1,020  in 
 three  years  and  ?980  in  two  years.  The 
 sum deposited is : 
 SSC MTS 01/09/2023 (2nd Shift) 
 (a) ?900   (b) ?880   (c) ?920   (d) ?840 
 Q.53.  A  car  dealer  borrows  ?20,000  from 
 a  bank  for  a  period  of  2  years  at  a  simple 
 interest  rate  of  8%  per  annum.  If  he 
 repays  the  loan  in  full  at  the  end  of  the  2 
 year  period,  how  much  will  he  have  to 
 pay? 
 SSC MTS 04/09/2023 (1st Shift) 
 (a) ?3,600  (b) ?23,600 
 (c) ?23,200  (d) ?3,200 
 Q.54.  A  sum  invested  at  the  rate  of  6% 
 simple  interest  per  annum  grows  to 
 ?1,13,880  in  5  years.  What  is  the  simple 
 interest,  If  the  same  amount  is  invested 
 for 8 years at the rate of 9% per annum? 
 SSC MTS 04/09/2023 (2nd Shift) 
 (a) ?63,072  (b) ?60,565 
 (c) ?65,392  (d) ?58,050 
 Q.55.  The ratio of principal and amount 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 571
 Pinnacle  Day: 79th - 81st  Simple Interest 
 is  5  :  6  for  one  year.  Find  the  rate  of 
 simple interest per annum? 
 SSC MTS 04/09/2023 (3rd Shift) 
 (a) 10%  (b) 11%  (c) 15%  (d) 20% 
 Q.56.  A  sum  of  ?5,345,  when  invested  at 
 a  certain  rate  of  simple  interest  per 
 annum  for  10  years  ,earns  an  interest  of 
 ?2,672.50  on  maturity.  What  is  the  rate  of 
 simple interest per annum? 
 SSC MTS 05/09/2023 (1st Shift) 
 (a) 4.5%  (b) 8%  (c) 5%  (d) 6.5% 
 Q.57.  A  sum  of  money  becomes  seven 
 times  in  16  years  at  simple  interest  per 
 annum.  Find  the  per  annum  rate  of 
 interest. 
 SSC MTS 05/09/2023 (3rd Shift) 
 (a) 25.8% (b) 39.2%  (c) 20.3% (d) 37.5% 
 Q.58.  The  simple  interest  on  a  certain 
 sum  for  4  years  at  the  rate  of  15%  pa.  is 
 ?4,500  less  than  the  simple  interest  on 
 the  same  sum  for  6  years  at  the  same 
 rate of interest. Find the sum 
 SSC MTS 06/09/2023 (2nd Shift) 
 (a) ?12,000  (b) ?13,000 
 (c) ?15,000  (d) ?14,000 
 Q.59.  Vinita  obtained  an  amount  of 
 ?23,340  as  simple  interest  on  a  certain 
 amount  at  15%  per  annum  after  8  years. 
 What was the amount invested by Vinita? 
 SSC MTS 08/09/2023 (1st Shift) 
 (a) ?20,450  (b) ?18,650 
 (c) ?17,490  (d) ?19,450 
 Q.60.  In  a  certain  time,  a  sum  becomes  5 
 times  at  the  rate  of  6%  per  annum  on 
 simple  interest.  At  what  rate  of  interest, 
 the  same  sum  becomes  8  times  in  the 
 same duration? 
 SSC MTS 08/09/2023 (2nd Shift) 
 (a) 8.5%  (b) 10.5%   (c) 5.5%   (d) 12.5% 
 Q.61.  If  the  ratio  of  the  principal  and  the 
 simple  interest  for  5  years  is  10  :  7,  then 
 the rate of interest per annum is: 
 SSC MTS 08/09/2023 (3rd Shift) 
 (a) 18%   (b) 16%   (c) 12%   (d) 14% 
 Q.62.  What  sum  of  money  (in  ?)  will  earn 
 an  interest  of  ?1,800  at  the  rate  of  6%  per 
 annum simple interest in ?ve years ? 
 SSC MTS 11/09/2023 (1st Shift) 
 (a) 18,000  (b) 6,000  (c) 8,000  (d) 5,000 
 Q.63.  ?8,000  becomes  ?9,800  in  three 
 years  at  simple  interest  rate.  If  the  rate  of 
 interest  becomes  two  times  of  itself, 
 then  what  will  be  the  amount  of  the  same 
 principle in four years? 
 SSC MTS 11/09/2023 (2nd Shift) 
 (a) ?10,800  (b) ?11,800 
 (c) ?12,800  (d) ?13,500 
 Q.64.  A certain sum of money lent out at 
 simple  interest  amounts  to  ?12,600  in  2 
 years  and  ?16,200  in  4  years.  The  rate 
 percent per annum is: 
 SSC MTS 11/09/2023 (3rd Shift) 
 (a) 25%   (b) 12  %   (c) 17  %   (d) 20% 
 6 
 7 
 1 
 2 
 Q.65.  The  simple  interest  on  a  sum  of 
 money  is  four  times  the  principal.  The 
 rate  percent  per  annum  and  time  in  years 
 are  equal.  Find  the  rate  percent  per 
 annum. 
 SSC MTS 12/09/2023 (1st Shift) 
 (a) 10%  (b) 12%  (c) 15%  (d) 20% 
 Q.66.  Find  the  simple  interest  on  ?8,000 
 at the rate of 10% per annum in 6 years. 
 SSC MTS 12/09/2023 (2nd Shift) 
 (a)  4,200  (b)  4,400  ?  ? 
 (c)  4,800  (d)  4,600  ?  ? 
 Q.67.  The  simple  interest  on  a  certain 
 sum at 10% per annum for two years and 
 three years differ by ?500. Find the sum. 
 SSC MTS 12/09/2023 (3rd Shift) 
 (a) ?5,500  (b) ?5,000 
 (c) ?6,000  (d) ?4,500 
 Q.68.  In  how  many  years  will  ?2,000 
 invested  at  the  rate  of  11%  p.a.  simple 
 interest, amount to ?3,100 ? 
 SSC MTS 13/09/2023 (1st Shift) 
 (a) 3  (b) 4  (c) 2  (d) 5 
 Q.69.  A  person  invests  ?5,000  at  a 
 simple  interest  rate  of  5%  per  annum  for 
 5  years.  At  the  end  of  5  years,  she 
 reinvests  the  entire  amount  at  the  same 
 rate  of  interest  for  another  3  years.  What 
 will  be  the  total  interest  earned  by  the 
 person at the end of 8 years ? 
 SSC MTS 13/09/2023 (3rd Shift) 
 (a) ?2,156.50  (b) ?2,256.50 
 (c) ?2,323.50  (d) ?2,187.50 
 Q.70.  A  certain  sum  is  invested  at  a 
 simple  interest  rate  of  12%  per  annum  for 
 a  certain  period  of  time.  If  the  sum 
 becomes  four  times  the  principal  at  the 
 end  of  the  period,  what  is  the  duration  of 
 the investment? 
 SSC MTS 14/09/2023 (1st Shift) 
 (a) 22 years  (b) 24 years 
 (c) 25 years  (d) 20 years 
 Q.71.  A  sum  of  ?800  amounts  to  ?1,040 
 in  3  years  at  simple  interest.  If  the 
 interest  rate  is  increased  by  3%,  ?nd  the 
 amount. 
 SSC MTS 14/09/2023 (2nd Shift) 
 (a) ?1,102  (b) ?1,212 
 (c) ?1,112  (d) ?1,012 
 SSC CHSL 2023 Tier - 1 
 Q.72.  How long (in years) will a sum of 
 money  invested  at  6%  per  annum  simple 
 interest to increase its value by 40% ? 
 SSC CHSL 02/08/2023 (1st Shift) 
 (a) 6  (b) 5  (c) 6  (d) 4 
 2 
 3 
 2 
 3 
 1 
 3 
 1 
 3 
 Q.73.  A  man  deposited  ?10,000  at  simple 
 interest  in  a  fund.  The  interest  rate  on  the 
 fund  increases  by  4%  every  year.  If  the 
 interest  rate  at  the  time  of  the  amount 
 deposit  was  8%,  what  is  the  interest 
 earned (in ?) by him after 5 years ? 
 SSC CHSL 02/08/2023 (4th Shift) 
 (a) 6,000  (b) 8,400  (c) 5,800  (d) 8,000 
 Q.74.  If  the  simple  interest  on  a  certain 
 sum  of  money  is  ?11,220  at  the  rate  of 
 16  %  per  annum  for  8  years  and  3 
 1 
 2 
 months,  then  what  is  the  principal 
 amount  (in  ?,  rounded  off  to  the  nearest 
 rupee)? 
 SSC CHSL 03/08/2023 (3rd Shift) 
 (a) 4,228  (b) 6,822  (c) 8,422  (d) 8,242 
 Q.75.  The  simple  interest  on  ?986  for  a 
 certain  period  of  time  is  less  than  the 
 simple  interest  on  ?1,296  for  the  same 
 period  of  time  at  the  rate  of  5%  simple 
 interest  by  ?62.  For  how  many  years  was 
 each sum of money invested? 
 SSC CHSL 04/08/2023 (3rd Shift) 
 (a) 6  (b) 3  (c) 5  (d) 4 
 Q.76  A  man  invested  ?25,400  on  simple 
 interest  for  9  years  to  obtain  a  total 
 amount  of  ?67,790  on  a  certain  annual 
 rate  of  interest.  What  was  the  rate  of 
 interest  (rounded  off  to  2  decimal 
 places) to obtain the above amount? 
 SSC CHSL 04/08/2023 (4th Shift) 
 (a) 14.58%  (b) 18.54% 
 (c) 18.45%  (d) 15.84% 
 Q.77.  A  person  invested  a  certain 
 amount  at  a  rate  of  12%  simple  interest 
 and  another  amount  at  a  rate  of  10% 
 simple  interest.  He  received  an  annual 
 interest  of  ?130.  However,  if  he  had 
 interchanged  the  amounts  invested,  he 
 would  have  received  ?4  more  as  interest. 
 How  much  did  he  invest  at  the  rate  of 
 12% simple interest originally? 
 SSC CHSL 07/08/2023 (3rd Shift) 
 (a) ?500  (a) ?650  (a) ?560   (a) ?600 
 Q.78.  If  the  simple  interest  on  2,500  is  ? 
 more  than  the  interest  on  1,500  by  360  ?  ? 
 in  3  years,  then  ?nd  the  rate  of  interest 
 per annum. 
 SSC CHSL 08/08/2023 (4th Shift) 
 (a) 11%   (b) 9%   (c) 10%   (d) 12% 
 Q.79.  Simple  interest  on  a  certain  sum  is 
 one-fourth  of  the  sum  and  the  interest 
 rate  per  annum  is  four  times  the  number 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 572
Page 5


 Pinnacle  Day: 79th - 81st  Simple Interest 
 Simple Interest 
 Key Points:- 
 1.  Simple  Interest  on  a  sum  (principal)  of 
 money  at  R%  per  annum  for  T  years  is 
 given by: 
 ???? =
 ??????????????????     ×     ????????     ×     ???????? 
 100 
=
 ?????? 
 100 
 2.  Amount ( A ) = Principal + S.I. 
 3.  Also,  ,  ,  ?? =   
 ????     ×     100 
 ??     ×     ?? 
 ?? =   
 ????     ×     100 
 ??     ×     ?? 
 ?? =
 ????     ×     100 
 ??     ×     ?? 
 Example:  A  man  lends  Rs.  500  at  10% 
 per  annum  for  2  years.  His  interest  will 
 be: 
 Solution:  Here,  P  =  Rs.  500,  R  =  10%  and 
 T = 2 years. 
 ???? =
 ?????? 
 100 
=
 500     ×     10     ×     2 
 100 
= ???? .    100 
 Important Note : 
 1)  Notice  that  in  the  formula,  ,  ???? =
 ?????? 
 100 
 we are just calculating  of P .  ??     ×     ?? ( ) % 
 2)  Simple  Interest  increases  linearly  with 
 the  number  of  years  i.e.  to  get  SI  for  1 
 year  ,you  can  directly  divide  given 
 interest by the number of years. 
 Example:  If  SI  is  Rs.  400  for  4  years,  then 
 it will be Rs. 200 for 2 years. 
 3)  Annual Installment in case of SI 
 = 
 100  ??    
 100  ??    +   
 ???? (    ??    -    1 )
 2 
 Where,  A  =  Amount  borrowed,  t  =  Time 
 period (number of installment), 
 r = Interest rate 
 Variety Questions 
 Q.1.  The  simple  interest  earned  on 
 ?2,800  at  a  rate  of  10%  per  annum  for  3 
 years  is  ?x  and  ?1,736  is  the  simple 
 interest  earned  on  ?6,200  at  a  rate  of 
 14% for y years, then the value of  is: 
 ?? 
 ?? 
 SSC CGL Tier II  (26/10/2023) 
 (a) 140    (b) 380    (c) 550    (d) 420 
 Q.2.  In  a  store,  Arun  has  two  options  to 
 buy  a  mobile  phone,  either  he  can  pay  the 
 full  amount  of  Rs.2,500  or  he  may  buy  at 
 an  installment  scheme,  i.e.  Rs.520  in 
 down  payment  and  four  equal 
 installments,  rate  of  interest  being 
 charged  at  25%  p.a.  simple  interest.  Arun 
 buys  a  mobile  phone  on  the  installment 
 scheme. What is the monthly installment 
 for Arun? 
 SSC CPO 05/10/2023 (3rd Shift) 
 (a) Rs.510 (b) Rs.530 (c) Rs.550 (d) Rs.520 
 Q.3.  In 't' years, the simple interest 
 earned  on  a  certain  amount  at  the  rate  of 
 10%  per  annum  is  5/8th  of  the  principal 
 amount.  If  the  rate  of  interest  is  made 
 three-fourth  of  10%  and  the  simple 
 interest  remains  the  same,  which  of  the 
 following  statements  is  true  about  the 
 changed value of time? 
 SSC CHSL 14/08/2023 (4th Shift) 
 (a) It remains the same as 't'. 
 (b) It becomes three-fourth of the time ‘t’. 
 (c) It increases to 8  years 
 1 
 3 
 (d) It decreases to 5  years. 
 1 
 2 
 Q.4.  If  a  sum  of  money  becomes  ?6,000 
 in  3  years  and  ?10,500  in  7  years  and  6 
 months  at  the  same  rate  of  simple 
 interest, then what is the rate of interest? 
 SSC CHSL 07/08/2023 (4th Shift) 
 (a) 33  %  (b) 25  % 
 1 
 3 
 1 
 2 
 (c) 45  %  (d) 66  % 
 2 
 3 
 1 
 3 
 Q.5.  Ravi  borrowed  some  money  at  the 
 rate  of  5%  per  annum  for  the  ?rst  three 
 years,  8%  per  annum  for  the  next  two 
 years  and  10%  per  annum  for  the  period 
 beyond  5  years.  If  he  paid  a  total  simple 
 interest  of  ?12,750  at  the  end  of  7  years, 
 then how much money did he borrow? 
 SSC CHSL 07/08/2023 (1st Shift) 
 (a) ?25,000  (b) ?26,000 
 (c) ?27,000  (d) ?24,000 
 Q.6.  What  will  be  the  total  amount 
 payable  on  ?  25,000  in  2  years  if  the  rate 
 of  simple  interest  in  successive  years  is 
 4% and 5% respectively ? 
 SSC CHSL 04/08/2023 (1st Shift) 
 (a) ?26,250  (b) ?28,250 
 (c) ?26,000  (d) ?27,250 
 Q.7.  A  ?nancial  institution  claims  that  it 
 returns  three  times  the  principal  in  25 
 years  on  a  certain  rate  of  simple  interest 
 per  annum.  What  is  the  rate  of  simple 
 interest? 
 SSC CHSL 03/08/2023 (4th Shift) 
 (a) 8%  (b) 6%  (c) 4%  (d) 5% 
 Q.8.  The  simple  interest  on  a  certain  sum 
 for  3  years  at  8%  per  annum  is  ?9120 
 less  than  the  simple  interest  on  the  same 
 sum  for  7  years  at  8%  per  annum.  Find 
 the sum. 
 SSC CHSL 03/08/2023 (1st Shift) 
 (a) ?28500  (b) ?28250 
 (c) ?28750  (d) ?28000 
 Q.9.  Ashima  borrowed  ?75,000  from 
 anationalized  bank  on  26th  March  2022 
 at  the  rate  of  9%  per  annum  simple 
 interest.  If  she  cleared  the  account  on 
 7th June of the same year, then what 
 amount did she pay? 
 SSC CHSL 02/08/2023 (3rd Shift) 
 (a) ?75,000  (b) ?76,350 
 (c) ?1,350  (d) ?75,350 
 Q.10.  A  computer  is  available  for  ?39,000 
 on  cash  payment  or  ?19,000  as  cash 
 payment  followed  by  ?ve  monthly 
 installments  of  ?4,200  each.  What  is  the 
 rate  of  interest  per  annum  under  the 
 installment plan? 
 SSC CHSL 02/08/2023 (2nd Shift) 
 (a) 20  (b) 20 
 19 
 29 
 % 
 17 
 29 
 % 
 (c) 20  (d) 20 
 20 
 29 
 % 
 18 
 29 
 % 
 Q.11.  A  certain  amount  is  lent  at  x%  p.a. 
 simple  interest  for  3  years.  Instead,  if  the 
 amount  was  lent  at  3x%  p.a.  simple 
 interest  for  'y'  more  years,  then  the 
 simple  interest  would  have  been  seven 
 times  the  earlier  interest.  What  is  the 
 value of y ? 
 SSC CGL 21/07/2023 (3rd shift) 
 (a) 3  (b) 4  (c) 5  (d) 6 
 Q.12.  Archana  took  a  loan  of  ?78,000 
 from  a  bank  on  24 
 th 
 January  2012  at  8 
 3 
 4 
 %  per  annum  simple  interest  and  paid  it 
 back  on  18 
 th 
 June  2012.  Find  the  total 
 amount  paid  by  Archana.  (Approximated 
 to nearest integer) 
 SSC CGL 19/07/2023 (3rd shift) 
 (a)  80,723  (b)  90,730  ?  ? 
 (c)  85,733  (d)  88,730  ?  ? 
 Q.13.  A  man  invests  a  total  sum  of 
 ?10,000  in  a  company.  A  part  of  the  sum 
 was  invested  at  10%  simple  interest  per 
 annum  and  the  remaining  part  at  15% 
 simple  interest  per  annum.  If  the  total 
 interest  accrued  to  him  in  two  years 
 equals  ?2,400,  the  sum  invested  at  15% 
 simple interest per annum is: 
 SSC CGL 14/07/2023 (3rd shift) 
 (a) ?8,000  (b) ?4,000 
 (c) ?6,000  (d) ?5,000 
 Q.14.  Ravi  borrowed  ?1,380  from  a  bank 
 which  he  repaid  in  6  years  at  the  rate  of 
 6%  per  annum  simple  interest.  If 
 payment  was  made  in  six  equal 
 installment, then each installment was: 
 Matriculation Level 28/06/2023 (Shift - 4) 
 (a) ?220  (b) ?200  (c) ?180  (d) ?190 
 Q.15.  P  borrows  ?5,00,000  from  the  bank 
 which  charges  18%  simple  interest  per 
 annum  at  the  start  of  the  year.  He  pays 
 11  equal  monthly  installments  of  ?40,000 
 and  his  bike  at  the  end  of  the  year  to  pay 
 the  amount.  What  is  the  value  of  the  bike 
 given? 
 Matriculation Level 27/06/2023 (Shift - 2) 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 569
 Pinnacle  Day: 79th - 81st  Simple Interest 
 (a) 1,50,000  (b) 1,75,000 
 (c) 1,25,000  (d) 1,10,000 
 Q.16.  A  sum  of  money  becomes  three 
 times  of  itself  at  the  rate  of  10  percent 
 per  annum  on  simple  interest.  Which  of 
 the  following  statement(s)  is/are 
 correct? 
 I.  It  will  become  5  times  of  itself  at  the 
 rate  of  20  percent  per  annum  on  simple 
 interest in the same time period. 
 II.  It  will  become  7  times  of  itself  at  the 
 rate  of  30  percent  per  annum  on  simple 
 interest in the same time period. 
 SSC CHSL 21/03/2023 (1st Shift) 
 (a) Only II  (b) Neither I nor II 
 (c) Only I  (d) Both I and II 
 Q.17.  of  a  certain  sum  is  lent  at  20 
 1 
 2 
 percent  rate  of  interest.  of  the 
 2 
 5 
 remaining  sum  is  lent  at  25  percent  rate 
 of  interest.  The  remaining  sum  is  lent  at 
 10  percent  rate  of  interest.  If  the  simple 
 interest  received  on  the  total  sum  for  2 
 years is Rs. 360, then what is the sum ? 
 SSC CHSL 09/03/2023 (3rd Shift) 
 (a) Rs.1200  (b) Rs. 800 
 (c) Rs.1000  (d) Rs.1400 
 Q.18.  A  person  lent  Rs.  23000  to  B  for  3 
 years  and  Rs.  19000  to  C  for  4  years  on 
 simple  interest  at  the  same  rate  of 
 interest  and  received  Rs.  3625  in  all  from 
 both  of  them  as  interest.  What  is  the 
 annual rate of interest? 
 SSC CGL 06/12/2022 (4th Shift) 
 (a) 1.5 percent  (b) 3 percent 
 (c) 2.5 percent  (d) 4 percent 
 Q.19.  A  car  with  a  price  of  ?6,50,000  is 
 bought  by  making  some  down  payment. 
 On  the  balance,  a  simple  interest  of  10% 
 is  charged  in  lump  sum  and  the  money  is 
 to  be  paid  in  20  equal  annual 
 installments  of  ?25,000.  How  much  is 
 the down payment? 
 SSC CGL 06/12/2022 (2nd Shift) 
 (a) ? 1,55,945  (b) ? 1,95,455 
 (c) ? 1,94,555  (d) ? 1,45,955 
 Q.20.  What  annual  installment  will 
 discharge  a  debit  of  ?5,664  in  4  years  at 
 12% simple interest ? 
 SSC CGL 02/12/2022 (3rd Shift) 
 (a) ?1,230 (b) ?1,210 (c) ?1,200 (d) ?1,220 
 Q.21.  Damani  purchased  an  item  costing 
 ?7,500  and  paid  ?3,500  as  a  down 
 payment  for  the  same.  If  the  simple 
 interest  charged  for  the  remaining 
 amount  is  9%  per  annum  and  Damani 
 cleared  all  dues  after  4  months  of  the 
 purchase,  how  much  did  Damani  pay 
 after 4 months as interest? 
 SSC CGL 01/12/2022 (4th Shift) 
 (a) ?120  (b) ?100  (c) ?132  (d) ?125 
 Q.22.  Find  the  interest  accrued  on  a  sum 
 of  Rs.1,680  in  two  years,at  the  rate  of 
 4.375% simple interest per annum. 
 Graduate Level 03/08/2022 (Shift - 3) 
 (a) Rs.73.50  (b) Rs.1,470 
 (c) Rs.735  (d) Rs.147 
 Q.23.  A  sum  of  ?5,000  is  divided  into  two 
 parts  such  that  the  simple  interest  on  the 
 ?rst  part  for  4  years  at  6  %  p.a.  is 
 1 
 5 
 2 
 3 
 double  the  simple  interest  on  the  second 
 part  for  2  years  at  4%  p.a.  The  ratio  of 
 3 
 4 
 the second part to the ?rst part is: 
 SSC CGL Tier  II (03/02/2022) 
 (a) 11 : 14 (b) 11 : 13 (c) 14 : 11 (d) 13 : 11 
 Q.24.  Eight  copies  of  a  book  can  be 
 bought  for  a  certain  sum  payable  at  the 
 end  of  a  year  and  ten  copies  of  the  same 
 book  can  be  bought  for  the  same  sum  in 
 cash  money.  What  is  the  rate  percentage 
 of the interest? 
 SSC MTS 20/10/2021 (Afternoon) 
 (a) 30%      (b) 25%       (c) 10%      (d) 15% 
 Q.25.  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) 
 (a) 12.5  (b) 8        (c) 10        (d) 20 
 Q.26.  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) 
 (a) 27000  (b) 28000 
 (c) 25000  (d) 30000 
 Q.27.  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 16/10/2020 (Morning) 
 (a) ?2,000  (b) ?3,000 
 (c) ?4,000                  (d) ?5,000 
 Q.28.  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  ?rst  amount  was  taken  for  11 
 1 
 3 
 years, then the loan taken initially is: 
 SSC CHSL 14/10/2020 (Afternoon) 
 (a) Rs 13,600  (b) Rs 12,500 
 (c) Rs 10,000  (d) Rs 12,000 
 Q.29.  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) 
 (a) 14%    (b) 16%    (c) 12%    (d) 10% 
 Q.30.  The  rate  of  simple  interest  on  a 
 sum  of  money  is  5%  p.a.  for  the  ?rst  4 
 years,  8  %  p.a.  for  the  next  3  years  and 
 10%  p.a.  for  the  period  beyond  7  years.  If 
 the  simple  interest  accrued  by  the  sum 
 over  a  period  of  10  years  is  ?  1,850,  then 
 the sum is: 
 SSC CGL 06/03/2020 (Evening) 
 (a) ? 1,650  (b) ? 1,500 
 (c) ? 2,750  (d) ? 2,500 
 Q.31.  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  for  3 
 1 
 2 
 years  is  Rs  23,110.50  ,  then  the  rate  of 
 interest  p.a.  on  the  second  investment  is. 
 SSC CPO 11/12/2019 (Morning) 
 (a) 11%    (b) 10.5%   (c) 13%    (d) 12.5% 
 Q.32.  Sudeep  invested  of  certain  sum 
 1 
 8 
 at  5%  p.a  for  two  years  and  of  the 
 3 
 5 
 sum  at  6%  p.a  for  two  years  and  the 
 remaining  at  10%  p.a  for  two  years.  If  the 
 total  interest  received  is  Rs  1,674,  then 
 the total sum invested is : 
 SSC CPO  09/12/2019 (Morning) 
 (a) Rs 12,500  (b) Rs 12,000 
 (c) Rs 10,500  (d) Rs 13,000 
 Q.33.  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 CGL Tier II (13/09/2019) 
 (a) 9.5%  (b) 9.25%  (c) 5.255%   (d) 7.5% 
 Q.34.  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) 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 570
 Pinnacle  Day: 79th - 81st  Simple Interest 
 (a) Rs 3715.20  (b) Rs 3627 
 (c) Rs 3797.76  (d) Rs 3672 
 Q.35.  If  the  simple  interest  on  Rs.  28000 
 at  some  rate  for  three  years  is  Rs.  225 
 more  than  the  simple  interest  on  Rs. 
 27000  at  the  same  rate  for  3  years,  then 
 what  will  be  the  simple  interest  on  Rs. 
 35500 for 2  years at the same rate ? 
 3 
 5 
 SSC MTS 21/08/2019 (Evening) 
 (a) Rs 6966.50  (b) Rs 6922.50 
 (c) Rs 6953.00  (d) Rs 6723.50 
 Q.36.  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 
 is equal to: 
 ?? 
 ?? 
 SSC MTS 16/08/2019 (Morning) 
 (a)  (b)  (c)  (d) 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 ???? 
 Q.37.  A  sum  doubles  in  seven  years  at 
 simple  interest.  In  how  many  years  will 
 the  sum  become  ?ve  times  the  original 
 sum ? 
 SSC MTS 09/08/2019 (Afternoon) 
 (a) 35  (b) 21  (c) 28  (d) 30 
 Q.38.  A  sum  of  Rs  10000  is  invested  in 
 three  schemes  of  simple  interest.  The 
 annual  interest  rates  are  respectively,  4%, 
 6%  and  10%.  Rs  4000  were  invested  in 
 the  ?rst  scheme.  If  the  total  interest 
 earned  after  ?ve  years  is  Rs  2800,  then 
 how much money was invested in the 
 third scheme? 
 SSC MTS 08/08/2019 (Evening) 
 (a) Rs 1500  (b) Rs 5000 
 (c) Rs 1000  (d) Rs 3000 
 Q.39.  A  sum  of  Rs  1500  is  invested  at 
 simple  interest  for  x  months.  If  the  rate  of 
 interest  is  %  per  annum,  then  the  sum 
 ?? 
 8 
 grows to Rs 1590. What is the value of x? 
 SSC MTS 07/08/2019 (Morning) 
 (a) 3.2  (b) 2.4  (c) 32  (d) 24 
 Q.40.  A  certain  sum  was  invested  on 
 simple  interest.  The  amount  to  which  it 
 had  grown  in  ?ve  years  was  1  times 
 1 
 4 
 the  amount  to  which  it  had  grown  in  three 
 years. The percentage rate of interest 
 was: 
 SSC CHSL 11/07/2019 (Morning) 
 (a) 10%  (b) 20%     (c) 25%     (d) 15% 
 Q.41.  A  borrows  a  sum  of  Rs  1000  from 
 his  friend  B  on  31  December  2015  on  the 
 condition  that  he  will  return  the  same 
 after  one  year  with  simple  interest  at 
 12%.  However,  A  gets  into  a  position  of 
 returning the money on 1 May 2016. How 
 much amount he has to return to B ? 
 SSC CHSL 10/07/2019 (Morning) 
 (a) Rs 1,331.5  (b) Rs 1,045 
 (c) Rs 1,120  (d) Rs 1,040 
 Q.42.  The  simple  interest  on  a  certain 
 sum  at  15%  p.a.  For  three  years  is  Rs. 
 7200. The sum is : 
 SSC CPO 15/03/2019 (Morning) 
 (a) 16000  (b) 24000 
 (c) 32000  (d) 48000 
 Practice Questions 
 SSC CHSL 2023 Tier - 2 
 Q.43.  A  person  borrowed  some  money 
 on  simple  interest.  After  3  years,  he 
 returned  of  the  money  to  the  lender. 
 4 
 3 
 What was the rate of interest ? 
 SSC CHSL Tier II  02/11/2023 
 (a)  p.a  (b)  p.a  11 
 2 
 9 
 %  11 
 3 
 9 
 % 
 (c)  p.a  (d)  p.a  11 
 4 
 9 
 %  11 
 1 
 9 
 % 
 Q.44.  In  how  many  years  will  ?2,500 
 invested  at  the  rate  of  16%  p.a.  simple 
 interest, amount to ?4,100 ? 
 SSC CHSL Tier II  10/01/2024 
 (a) 4  (b) 3  (c) 5  (d) 6 
 SSC CPO 2023 Tier - 1 
 Q.45.  Rajesh  invested  ?10,000  by 
 dividing  it  into  two  different  investment 
 schemes,  A  and  B,  at  simple  interest 
 rates  of  8%  and  10%,  respectively.  If  the 
 total  interest  earned  in  2  years  is  ?1,680, 
 the amount invested in scheme A is: 
 SSC CPO 03/10/2023 (1st Shift) 
 (a) ?4,000 (b) ?2,000 (c) ?6,000 (d) ?8,000 
 Q.46.  If  an  amount  of  ?80  becomes  ?96 
 in  2  years  in  a  bank  account  which  gives 
 simple  annual  interest,  then  an  amount 
 of  ?62,000  will  become  ________  in  the 
 same account after 5 years. 
 SSC CPO 03/10/2023 (2nd  Shift) 
 (a) ?93,000  (b) ?84,600 
 (c) ?82,400  (d) ?88,200 
 Q.47  .  Ramesh  borrowed  some  money  at 
 a  rate  of  5%  per  annum  for  the  ?rst  four 
 years,  8%  per  annum  for  the  next  six 
 years,  and  12%  per  annum  for  the  period 
 beyond  ten  years.  If  the  total  interest  paid 
 by  him  at  the  end  of  twelve  years  is 
 ?9,016,  then  ?nd  the  money  borrowed  by 
 Ramesh. 
 SSC CPO 03/10/2023 (3rd Shift) 
 (a) 9,800  (b) 9,616  (c) 9,816  (d) 9,016 
 Q.48.  Anandi bought a smart watch from 
 an  electronic  store  for  Rs.4,400.  Since 
 she  had  less  money,  she  paid  Rs.2,000 
 for  down  payment  and  the  shopkeeper 
 offered  her  an  alternative  to  pay  Rs.2,440 
 after  1  month.  Find  the  rate  of  interest 
 being  charged  at  simple  interest  by  the 
 shopkeeper in this installment option? 
 SSC CPO 04/10/2023 (1st Shift) 
 (a) 15%  (b) 20%  (c) 10%  (d) 22% 
 Q.49.  Ramesh  borrowed  ?15,000  at  a 
 certain  rate  of  simple  interest  from  a 
 bank.  He  repaid  (the  principal  but  not 
 interest)  ?6,000  after  5  years,  and  after  5 
 more  years  he  paid  ?18,600  and  settled 
 his  account.  Find  the  rate  of  simple 
 interest per annum. 
 SSC CPO 04/10/2023 (2nd Shift) 
 (a) 10%  (b) 8%  (c) 12%  (d) 6% 
 Q.50.  Kanchan  lent  ?10,000  for  2  years 
 and  ?5,000  for  4  years  at  the  same  rate 
 of  simple  interest.  If  the  total  interest 
 received  by  Kanchan  is  ?2,000,  then  what 
 was the rate of interest? 
 SSC CPO 04/10/2023 (3rd Shift) 
 (a) 4%  (b) 2%  (c) 3%  (d) 5% 
 Q.51.  What  annual  installment  (in  ?  )  will 
 discharge  a  debt  of  ?9,429  due  in  three 
 years  at  12.25%  simple  interest  per 
 annum?  [Note:  Installments  will  be  paid 
 at the end of Year 1, Year 2 and Year 3.] 
 SSC CPO 05/10/2023 (1st Shift) 
 (a) 2800   (b) 2700   (c) 2,840   (d) 2760 
 SSC MTS 2023 Tier - 1 
 Q.52.  A  sum  of  money  deposited  at 
 simple  interest  amounts  to  ?1,020  in 
 three  years  and  ?980  in  two  years.  The 
 sum deposited is : 
 SSC MTS 01/09/2023 (2nd Shift) 
 (a) ?900   (b) ?880   (c) ?920   (d) ?840 
 Q.53.  A  car  dealer  borrows  ?20,000  from 
 a  bank  for  a  period  of  2  years  at  a  simple 
 interest  rate  of  8%  per  annum.  If  he 
 repays  the  loan  in  full  at  the  end  of  the  2 
 year  period,  how  much  will  he  have  to 
 pay? 
 SSC MTS 04/09/2023 (1st Shift) 
 (a) ?3,600  (b) ?23,600 
 (c) ?23,200  (d) ?3,200 
 Q.54.  A  sum  invested  at  the  rate  of  6% 
 simple  interest  per  annum  grows  to 
 ?1,13,880  in  5  years.  What  is  the  simple 
 interest,  If  the  same  amount  is  invested 
 for 8 years at the rate of 9% per annum? 
 SSC MTS 04/09/2023 (2nd Shift) 
 (a) ?63,072  (b) ?60,565 
 (c) ?65,392  (d) ?58,050 
 Q.55.  The ratio of principal and amount 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 571
 Pinnacle  Day: 79th - 81st  Simple Interest 
 is  5  :  6  for  one  year.  Find  the  rate  of 
 simple interest per annum? 
 SSC MTS 04/09/2023 (3rd Shift) 
 (a) 10%  (b) 11%  (c) 15%  (d) 20% 
 Q.56.  A  sum  of  ?5,345,  when  invested  at 
 a  certain  rate  of  simple  interest  per 
 annum  for  10  years  ,earns  an  interest  of 
 ?2,672.50  on  maturity.  What  is  the  rate  of 
 simple interest per annum? 
 SSC MTS 05/09/2023 (1st Shift) 
 (a) 4.5%  (b) 8%  (c) 5%  (d) 6.5% 
 Q.57.  A  sum  of  money  becomes  seven 
 times  in  16  years  at  simple  interest  per 
 annum.  Find  the  per  annum  rate  of 
 interest. 
 SSC MTS 05/09/2023 (3rd Shift) 
 (a) 25.8% (b) 39.2%  (c) 20.3% (d) 37.5% 
 Q.58.  The  simple  interest  on  a  certain 
 sum  for  4  years  at  the  rate  of  15%  pa.  is 
 ?4,500  less  than  the  simple  interest  on 
 the  same  sum  for  6  years  at  the  same 
 rate of interest. Find the sum 
 SSC MTS 06/09/2023 (2nd Shift) 
 (a) ?12,000  (b) ?13,000 
 (c) ?15,000  (d) ?14,000 
 Q.59.  Vinita  obtained  an  amount  of 
 ?23,340  as  simple  interest  on  a  certain 
 amount  at  15%  per  annum  after  8  years. 
 What was the amount invested by Vinita? 
 SSC MTS 08/09/2023 (1st Shift) 
 (a) ?20,450  (b) ?18,650 
 (c) ?17,490  (d) ?19,450 
 Q.60.  In  a  certain  time,  a  sum  becomes  5 
 times  at  the  rate  of  6%  per  annum  on 
 simple  interest.  At  what  rate  of  interest, 
 the  same  sum  becomes  8  times  in  the 
 same duration? 
 SSC MTS 08/09/2023 (2nd Shift) 
 (a) 8.5%  (b) 10.5%   (c) 5.5%   (d) 12.5% 
 Q.61.  If  the  ratio  of  the  principal  and  the 
 simple  interest  for  5  years  is  10  :  7,  then 
 the rate of interest per annum is: 
 SSC MTS 08/09/2023 (3rd Shift) 
 (a) 18%   (b) 16%   (c) 12%   (d) 14% 
 Q.62.  What  sum  of  money  (in  ?)  will  earn 
 an  interest  of  ?1,800  at  the  rate  of  6%  per 
 annum simple interest in ?ve years ? 
 SSC MTS 11/09/2023 (1st Shift) 
 (a) 18,000  (b) 6,000  (c) 8,000  (d) 5,000 
 Q.63.  ?8,000  becomes  ?9,800  in  three 
 years  at  simple  interest  rate.  If  the  rate  of 
 interest  becomes  two  times  of  itself, 
 then  what  will  be  the  amount  of  the  same 
 principle in four years? 
 SSC MTS 11/09/2023 (2nd Shift) 
 (a) ?10,800  (b) ?11,800 
 (c) ?12,800  (d) ?13,500 
 Q.64.  A certain sum of money lent out at 
 simple  interest  amounts  to  ?12,600  in  2 
 years  and  ?16,200  in  4  years.  The  rate 
 percent per annum is: 
 SSC MTS 11/09/2023 (3rd Shift) 
 (a) 25%   (b) 12  %   (c) 17  %   (d) 20% 
 6 
 7 
 1 
 2 
 Q.65.  The  simple  interest  on  a  sum  of 
 money  is  four  times  the  principal.  The 
 rate  percent  per  annum  and  time  in  years 
 are  equal.  Find  the  rate  percent  per 
 annum. 
 SSC MTS 12/09/2023 (1st Shift) 
 (a) 10%  (b) 12%  (c) 15%  (d) 20% 
 Q.66.  Find  the  simple  interest  on  ?8,000 
 at the rate of 10% per annum in 6 years. 
 SSC MTS 12/09/2023 (2nd Shift) 
 (a)  4,200  (b)  4,400  ?  ? 
 (c)  4,800  (d)  4,600  ?  ? 
 Q.67.  The  simple  interest  on  a  certain 
 sum at 10% per annum for two years and 
 three years differ by ?500. Find the sum. 
 SSC MTS 12/09/2023 (3rd Shift) 
 (a) ?5,500  (b) ?5,000 
 (c) ?6,000  (d) ?4,500 
 Q.68.  In  how  many  years  will  ?2,000 
 invested  at  the  rate  of  11%  p.a.  simple 
 interest, amount to ?3,100 ? 
 SSC MTS 13/09/2023 (1st Shift) 
 (a) 3  (b) 4  (c) 2  (d) 5 
 Q.69.  A  person  invests  ?5,000  at  a 
 simple  interest  rate  of  5%  per  annum  for 
 5  years.  At  the  end  of  5  years,  she 
 reinvests  the  entire  amount  at  the  same 
 rate  of  interest  for  another  3  years.  What 
 will  be  the  total  interest  earned  by  the 
 person at the end of 8 years ? 
 SSC MTS 13/09/2023 (3rd Shift) 
 (a) ?2,156.50  (b) ?2,256.50 
 (c) ?2,323.50  (d) ?2,187.50 
 Q.70.  A  certain  sum  is  invested  at  a 
 simple  interest  rate  of  12%  per  annum  for 
 a  certain  period  of  time.  If  the  sum 
 becomes  four  times  the  principal  at  the 
 end  of  the  period,  what  is  the  duration  of 
 the investment? 
 SSC MTS 14/09/2023 (1st Shift) 
 (a) 22 years  (b) 24 years 
 (c) 25 years  (d) 20 years 
 Q.71.  A  sum  of  ?800  amounts  to  ?1,040 
 in  3  years  at  simple  interest.  If  the 
 interest  rate  is  increased  by  3%,  ?nd  the 
 amount. 
 SSC MTS 14/09/2023 (2nd Shift) 
 (a) ?1,102  (b) ?1,212 
 (c) ?1,112  (d) ?1,012 
 SSC CHSL 2023 Tier - 1 
 Q.72.  How long (in years) will a sum of 
 money  invested  at  6%  per  annum  simple 
 interest to increase its value by 40% ? 
 SSC CHSL 02/08/2023 (1st Shift) 
 (a) 6  (b) 5  (c) 6  (d) 4 
 2 
 3 
 2 
 3 
 1 
 3 
 1 
 3 
 Q.73.  A  man  deposited  ?10,000  at  simple 
 interest  in  a  fund.  The  interest  rate  on  the 
 fund  increases  by  4%  every  year.  If  the 
 interest  rate  at  the  time  of  the  amount 
 deposit  was  8%,  what  is  the  interest 
 earned (in ?) by him after 5 years ? 
 SSC CHSL 02/08/2023 (4th Shift) 
 (a) 6,000  (b) 8,400  (c) 5,800  (d) 8,000 
 Q.74.  If  the  simple  interest  on  a  certain 
 sum  of  money  is  ?11,220  at  the  rate  of 
 16  %  per  annum  for  8  years  and  3 
 1 
 2 
 months,  then  what  is  the  principal 
 amount  (in  ?,  rounded  off  to  the  nearest 
 rupee)? 
 SSC CHSL 03/08/2023 (3rd Shift) 
 (a) 4,228  (b) 6,822  (c) 8,422  (d) 8,242 
 Q.75.  The  simple  interest  on  ?986  for  a 
 certain  period  of  time  is  less  than  the 
 simple  interest  on  ?1,296  for  the  same 
 period  of  time  at  the  rate  of  5%  simple 
 interest  by  ?62.  For  how  many  years  was 
 each sum of money invested? 
 SSC CHSL 04/08/2023 (3rd Shift) 
 (a) 6  (b) 3  (c) 5  (d) 4 
 Q.76  A  man  invested  ?25,400  on  simple 
 interest  for  9  years  to  obtain  a  total 
 amount  of  ?67,790  on  a  certain  annual 
 rate  of  interest.  What  was  the  rate  of 
 interest  (rounded  off  to  2  decimal 
 places) to obtain the above amount? 
 SSC CHSL 04/08/2023 (4th Shift) 
 (a) 14.58%  (b) 18.54% 
 (c) 18.45%  (d) 15.84% 
 Q.77.  A  person  invested  a  certain 
 amount  at  a  rate  of  12%  simple  interest 
 and  another  amount  at  a  rate  of  10% 
 simple  interest.  He  received  an  annual 
 interest  of  ?130.  However,  if  he  had 
 interchanged  the  amounts  invested,  he 
 would  have  received  ?4  more  as  interest. 
 How  much  did  he  invest  at  the  rate  of 
 12% simple interest originally? 
 SSC CHSL 07/08/2023 (3rd Shift) 
 (a) ?500  (a) ?650  (a) ?560   (a) ?600 
 Q.78.  If  the  simple  interest  on  2,500  is  ? 
 more  than  the  interest  on  1,500  by  360  ?  ? 
 in  3  years,  then  ?nd  the  rate  of  interest 
 per annum. 
 SSC CHSL 08/08/2023 (4th Shift) 
 (a) 11%   (b) 9%   (c) 10%   (d) 12% 
 Q.79.  Simple  interest  on  a  certain  sum  is 
 one-fourth  of  the  sum  and  the  interest 
 rate  per  annum  is  four  times  the  number 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 572
 Pinnacle  Day: 79th - 81st  Simple Interest 
 of  years.  If  the  rate  of  interest  increases 
 by  2%,  then  how  much  will  the  simple 
 interest (in ?) be on ?3,600 for 6 years? 
 SSC CHSL 09/08/2023 (1st Shift) 
 (a) 2,562  (b) 2,514  (c) 2,642  (d) 2,592 
 Q.80.  How  long  will  it  take  for  a  sum  of 
 ?450  to  accumulate  ?81  in  interest  at  a 
 simple interest rate of 4.5% per annum ? 
 SSC CHSL 09/08/2023 (3rd Shift) 
 (a) 4.5 years  (b) 4 years 
 (c) 3 years  (d) 3.5 years 
 Q.81.  The  simple  interest  (in  ?,  rounded 
 off  to  the  tens  place)  on  ?12,300  from  22 
 May  1993  to  2  August  1993  (both  days 
 are  included)  at  the  rate  of  12%  per 
 annum is: 
 SSC CHSL 09/08/2023 (4th Shift) 
 (a) 300    (b) 200    (c) 250    (d) 350 
 Q.82.  A  man  invested  ?4,500  at  5%  per 
 annum  and  ?5,500  at  8%  per  annum 
 simple  interest.  Both  investments  were 
 for  4  years  each.  The  amount  received 
 from  the  lower  rate  of  interest  is  what 
 percent  (rounded  off  to  the  nearest 
 integer)  of  the  amount  received  from  the 
 higher rate of interest? 
 SSC CHSL 10/08/2023 (1st Shift) 
 (a) 63%    (b) 74%    (c) 51%    (d) 48% 
 Q.83.  At  a  certain  annual  rate  (rounded 
 off  to  the  nearest  integer)  of  simple 
 interest,  a  sum  of  money  becomes  nine 
 times  its  original  value  in  21  years.  By 
 how  much  does  the  rate  of  interest 
 change  if  the  same  sum  of  money  has  to 
 become  12  times  its  original  value  in  25 
 years? 
 SSC CHSL 10/08/2023 (2nd Shift) 
 (a) Decreases by 6%  (b) Increases by 6% 
 (c) Increases by 8%   (d) Decreases by 8% 
 Q.84.  An  amount  of  ?P  was  put  at  simple 
 interest  at  a  certain  rate  for  4  years.  If  it 
 had  been  put  at  a  6%  higher  rate  for  the 
 same  period,  it  would  have  fetched  ?600 
 more interest. What is the value of 2.5 P ? 
 SSC CHSL 10/08/2023 (4th Shift) 
 (a) ? 3,750  (b) ?6,250 
 (c) ? 4,850  (d) ? 2,500 
 Q.85.  A  man  invested  ?4,400  at  10%  and 
 ?7,500  at  8%  simple  interest.  What 
 amount  (in?)  will  he  get  from  his 
 investments after 12 years? 
 SSC CHSL 11/08/2023 (1st Shift) 
 (a) 24,830  (b) 24,380 
 (c) 28,380  (d) 28,840 
 Q.86.  The  simple  interest  on  a  sum  of 
 money  in  6  years  at  the  rate  of  15%  per 
 annum  is  ?1,440  less  than  the  simple 
 interest  accrued  on  the  same  sum  in  9 
 years at 18% per annum. What is the sum 
 of money (in ?) ? 
 SSC CHSL 11/08/2023 (4th Shift) 
 (a) 1,800  (b) 2,000  (c) 2,700  (d) 2,400 
 Q.87.  A  money  lender  lent  ?30,000  in  two 
 parts,  one  at  the  rate  of  8%  and  the  other 
 at  9%.  If  the  total  annual  simple  interest 
 on  the  amount  is  ?2,650,  then  what  is  the 
 amount of money lent at the rate of 8%? 
 SSC CHSL 14/08/2023 (1st Shift) 
 (a) ?6,000  (b) ?5,000 
 (c) ?4,500  (d) ?5,500 
 Q.88.  A  man  borrowed  a  certain  sum  of 
 money  at  the  rate  of  10%  per  annum 
 simple  interest  for  the  ?rst  three  years 
 and  15%  per  annum  simple  interest  for 
 the  period  beyond  three  years.  If  he  pays 
 a  total  interest  of  ?2,884.50  at  the  end  of 
 7  years,  then  the  sum  of  money  (in  )  that 
 he borrowed is: 
 SSC CHSL 14/08/2023 (2nd Shift) 
 (a) 3,860  (b) 3,090  (c) 4,550  (d) 3,205 
 Q.89.  If  ?2,000  is  invested  at  a  simple 
 interest  rate  of  5%  per  annum  and  the 
 interest  is  added  to  the  principal  after  10 
 years,  then  in  how  many  years  will  it 
 amount  to  ?4,000  at  the  same  rate  of 
 interest ? 
 SSC CHSL 14/08/2023 (3rd Shift) 
 (a) 18  years  (b) 16  years 
 2 
 3 
 1 
 3 
 (c) 16  years  (d) 18  years 
 2 
 3 
 1 
 3 
 Q.90.  The  simple  interest  on  a  sum  of 
 ?7,400  for  36  months  is  ?888.  What  is 
 the  rate  percentage  of  interest  per 
 annum ? 
 SSC CHSL 17/08/2023 (1st Shift) 
 (a) 3%    (b) 8%    (c) 5%    (d) 4% 
 Q.91.  The  sum  of  money  at  simple 
 interest  amounts  to?750  in  3  years  and 
 to ?825 in 4 years. The sum is : 
 SSC CHSL 17/08/2023 (2nd Shift) 
 (a) ?475  (b) ?500  (c) ?550  (d) ?525 
 SSC CGL 2023 Tier - 1 
 Q.92.  In  what  time  will  ?10,000  at  4%  per 
 annum,  produce  the  same  interest  as 
 ?8,000  does  in  4  years  at  5%  simple 
 interest? 
 SSC CGL 14/07/2023 (1st shift) 
 (a) 5 years  (b) 3 years 
 (c) 4 years  (d) 6 years 
 Q.93.  If  ?72  amounts  to  ?104.4  in  3 
 years,  what  will  ?120  amount  to  in  5 
 years  at  the  same  rate  percent  per 
 annum? 
 SSC CGL 14/07/2023 (4th shift) 
 (a) ? 450  (b) ? 330  (c) ? 210  (d) ? 215 
 Q.94.  A  sum  of  money  invested  at  a 
 certain  rate  of  simple  interest  per  annum 
 amounts  to  ?14,522  in  seven  years  and 
 to  ?18,906  in  eleven  years.  Find  the  sum 
 invested (in ?). 
 SSC CGL 17/07/2023 (2nd shift) 
 (a) 6850  (b) 6900   (c) 6800   (d) 6750 
 Q.95.  A  person  took  a  loan  at  5%  per 
 annum  simple  interest  during  the  ?rst 
 year  and  with  an  increase  of  0.5%  simple 
 interest  every  year  from  the  second  year 
 onwards.  After  4  years,  he  paid  ?4,600  as 
 a  total  interest  to  settle  the  loan 
 completely. How much was the loan? 
 SSC CGL 17/07/2023 (3rd shift) 
 (a) ?20,000  (b) ?19,000 
 (c) ?18,000  (d) ?21,000 
 Q.96.  If  the  simple  interest  for  5  years  is 
 equal  to  25%  of  the  principal,  then  the 
 interest  will  be  equal  to  the  principal  after 
 ______ years. 
 SSC CGL 18/07/2023 (1st shift) 
 (a) 20  (b) 30  (c) 25  (d) 22 
 Q.97.  In  how  many  years  will  a  sum  of 
 ?9,500  amount  to  ?11,780  at  the  rate  of 
 8% per annum at simple interest? 
 SSC CGL 18/07/2023 (3rd shift) 
 (a) 3  (b) 2  (c) 4  (d) 5 
 Q.98.  An  amount  becomes  double  in  8 
 years  on  simple  interest.  In  how  many 
 years  would  Rs.  25,000  become  Rs. 
 1,00,000 with the same rate of interest? 
 SSC CGL 18/07/2023 (4th shift) 
 (a) 32  (b) 28  (c) 16  (d) 24 
 Q.99.  A  man  took  a  loan  of  ?32,400  at  a 
 certain  rate  of  simple  interest  per  annum. 
 The  rate  of  interest  is  one-fourth  of  the 
 number  of  years  for  which  the  loan  is 
 taken.  If  he  paid  ?11,664  as  interest  at 
 the  end  of  the  loan  period,  the  rate  of 
 interest was: 
 SSC CGL 19/07/2023 (2nd shift) 
 (a) 3%     (b) 8%     (c) 5%     (d) 12% 
 Q.100.  A  sum  of  money  becomes  of 
 8 
 7 
 itself  in  2  years  at  a  certain  rate  of  simple 
 interest. The rate per annum is: 
 SSC CGL 20/07/2023 (1st shift) 
 (a) 6  (b) 8  (c) 7  (d)  7 
 3 
 7 
 % 
 1 
 7 
 % 
 1 
 7 
 % 
 3 
 7 
 % 
 Q.101.  A  sum  of  money  earns  a  simple 
 interest  at  7.25%  per  annum  for  the  ?rst 
 eight  years,  at  8.5%  for  the  next  six  years, 
 and  at  6.5%  for  the  ?nal  four  years.  If  the 
 total  interest  earned  during  these 
 eighteen  years  was  ?35,100,  what  was 
 the original sum invested (in ?)? 
 SSC CGL 20/07/2023 (2nd shift) 
 (a) 25,800  (b) 25,500 
 www.ssccglpinnacle.com                                                 Download Pinnacle Exam Preparation App 573