SSC CGL Previous Year Questions: Simple & Compound Interest - 2 - SSC CGL MCQ

The compound interest on ₹ 12000 for 9 months at 20% per annum, interest being compounded quarterly is:    (SSC CHSL 2015)

A certain amount of money earns ₹ 540 as Simple Interest in 3 years. If it earns a Compound Interest of  ₹ 376.20 at the same rate of interest in 2 years, find the amount. (in rupees)  (SSC Sub. Ins. 2015)

A sum of ₹ 210 was taken as a loan. This is to be paid back in two equal instalments. If the rate of interest be 10% compounded annually, then the value of each instalment is    (SSC CHSL 2014)

The population of a village increases by 5% annually. If its present population is 4410, then its population 2 years ago was    (SSC CHSL 2014)

Rekha invested a sum of ₹ 12000 at 5% per annum compound interest. She received an amount of ₹ 13230 after n years.
Find n.    (SSC Sub. Ins. 2014)

A sum amounts double in 8 years by simple interest. Then the rate of simple interest p.a. is    (SSC Sub. Ins. 2014)

Ram borrows a certain sum of money at 8% per annum simple interest and Rahim borrows ₹ 2,000 at 5% per annum simple interest. If the interest at the end of 3 years is equal, then the amount borrowed by Ram is    (SSC Multitasking 2014)

A man borrowed some money from a private organisation at 5% simple interest per annum. He lended 50% of this money to another person at 10% compound interest per annum and thereby the man made a profit of ₹ 3205 in 4 years. The man borrowed    (SSC CGL 2nd Sit. 2014)

X borrowed some money from a source at 8% simple interest and lent it to Y at 12% simple interest on the same day and gained ₹ 4,800 after 3 years. The amount X borrowed, in ₹, is    (SSC Multitasking 2014)

If the compound interest on a certain sum for two years at 12% per annum is ₹ 2,544, the simple interest on it at the same rate for 2 years will be    (SSC CGL 2nd Sit. 2013)

Two equal sums were borrowed at 8% simple interest per annum for 2 years and 3 years respectively. The difference in the interest was ₹ 56. The sums borrowed were    (SSC CGL 2nd Sit. 2013)

The simple interest an ₹ 4,000 in 3 years at the rate of x% per annum equals the simple interest on ₹ 5,000 at the rate of 12% per annum in 2 years. The value of x is    (SSC CGL 2nd Sit. 2013)

There is 100% increase to an amount in 8 years, at simple interest. Find the compound interest of ₹ 8000 after 2 years at the same rate of interest.    (SSC CGL 1st Sit. 2013)

The interest on a certain sum of money is ₹ 22 and the true discount on the same sum for the same time and at the same rate is ₹ 20, find the sum.   (SSC CGL 1st Sit. 2013)

The time in which ₹ 80,000 amounts to ₹ 92,610 at 10% p.a. at compound interest, interest being compounded semi annually is:    (SSC CGL 1st Sit. 2013)

The value of a machine depreciates every year by 10%. if its present value is ₹ 50,000 then the value of the machine after 2 years is __________.    (SSC CGL 1st Sit. 2013)

A sum of money placed at compound interest doubles itself in 5 years. It will amount to eight times of itself in:    (SSC Sub. Ins. 2013)

A person deposited ₹ 500 for 4 years and ₹ 600 for 3 years at the same rate of simple interest in a bank. Altogether he received ₹ 190 as interest. The rate of simple interest per annum was    (SSC Multitasking 2013)

A sum of money becomes 1.331 times in 3 years as compound interest. The rate of interest is    (SSC Multitasking 2013)

A sum becomes ₹ 2,916 in 2 years at 8% per annum compound interest. The simple interest at 9% per annum for 3 years on the same amount will be   (SSC CHSL 2013)

The difference between the interests received from two different banks on ₹ 500 for 2 years is ₹ 2.50. The difference between their rates is:    (SSC CHSL 2012)

A principal of ₹ 10,000, after 2 years compounded annually, the rate of interest being 10% per annum during the first year and 12% per annum during the second year (in rupees) will amount to:    (SSC CHSL 2012)

The difference between C. I. (Compound Interest) and S.I. (Simple Interest) on a sum of ₹ 4,000 for 2 years at 5% p.a. payable yearly is (SSC CGL 2nd Sit. 2012)

A person takes a loan of ₹10,000 partly from a bank at 8% p.a. and remaining from another bank at 10% p.a. He pays a total interest of ₹ 950 per annum. Amount of loan taken from the first bank (in ₹) is (SSC CGL 1st Sit. 2012)

Prabhat look a certain amount as a loan from a bank at the rate of 8% p.a. simple interest and gave the same amount to Ashish as a loan at the rate of 12% p.a. If at the end of 12 years, he made a profit of ₹ 960 in the deal, then the original amount was:    (SSC CGL 1st Sit. 2012)

If  ₹5,000 becomes ₹5,700 in a year's time, what will ₹7,000 become at the end of 5 years at the same rate of simple interest?    (SSC CGL 1st Sit. 2012)

The difference between the compound interest and simple interest for the amount ₹ 5,000 in 2 years is ₹ 32. The rate of interest is    (SSC CGL 2nd Sit. 2011)