SSC CGL Simple Interest Practice Test 6
15 SSC CGL simple interest questions with chapter-wise explanations and exam-style options.
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SSC CGL Simple Interest Practice Test 6
15 SSC CGL simple interest questions with chapter-wise explanations and exam-style options.
Preview all 14 questions in SSC CGL Simple Interest Practice Test 6 (no login required)
- Simple Interest
1. Simple interest on Rs. 2500 at 8% for 2 years is:
- A. Rs. 350
- B. Rs. 380
- C. Rs. 400 (Correct)
- D. Rs. 420
Explanation: SI = PRT/100.
- Simple Interest
2. If SI on Rs. 1500 for 2 years is Rs. 300, amount is:
- A. Rs. 1700
- B. Rs. 1750
- C. Rs. 1800 (Correct)
- D. Rs. 1850
Explanation: Amount = principal + interest.
- Simple Interest
3. At what rate will Rs. 1200 earn Rs. 240 SI in 4 years?
- A. 4%
- B. 5% (Correct)
- C. 6%
- D. 7%
Explanation: R = SI x 100 / PT.
- Simple Interest
4. In how many years will Rs. 1000 amount to Rs. 1200 at 10% SI?
- A. 1
- B. 2 (Correct)
- C. 3
- D. 4
Explanation: Interest = Rs. 200, so t = 200 x 100 / (1000 x 10).
- Simple Interest
5. CI on Rs. 2000 at 10% for 2 years is:
- A. Rs. 380
- B. Rs. 400
- C. Rs. 420 (Correct)
- D. Rs. 440
Explanation: Amount = 2420, so CI = 420.
- Simple Interest
6. Difference between CI and SI on Rs. 3000 for 2 years at 10% is:
- A. Rs. 20
- B. Rs. 25
- C. Rs. 30 (Correct)
- D. Rs. 35
Explanation: Difference for 2 years = P x r^2 / 10000.
- Simple Interest
7. If SI is Rs. 360 at 6% for 3 years, principal is:
- A. Rs. 1800
- B. Rs. 1900
- C. Rs. 2000 (Correct)
- D. Rs. 2100
Explanation: P = SI x 100 / RT.
- Simple Interest
8. A sum becomes Rs. 4840 in 2 years at 10% CI. Principal is:
- A. Rs. 3800
- B. Rs. 3900
- C. Rs. 4000 (Correct)
- D. Rs. 4100
Explanation: Principal = 4840 / 1.21.
- Simple Interest
9. SI on Rs. 6000 at 5% for 1 year is:
- A. Rs. 250
- B. Rs. 280
- C. Rs. 300 (Correct)
- D. Rs. 320
Explanation: SI = 6000 x 5 / 100.
- Simple Interest
10. At 14% compounded half-yearly, the rate per half-year is:
- A. 5%
- B. 6%
- C. 7% (Correct)
- D. 8%
Explanation: Half-yearly rate is half of the annual rate.
- Simple Interest
11. If SI is Rs. 240 on Rs. 800, amount is:
- A. Rs. 980
- B. Rs. 1000
- C. Rs. 1020
- D. Rs. 1040 (Correct)
Explanation: Amount = 800 + 240.
- Simple Interest
12. If a sum doubles in 6 years at CI, it becomes four times in:
- A. 10 years
- B. 12 years (Correct)
- C. 14 years
- D. 16 years
Explanation: Doubling twice takes 6 + 6 years.
- Simple Interest
13. What principal will amount to Rs. 1560 in 2 years at 20% SI?
- A. Rs. 1100
- B. Rs. 1200
- C. Rs. 1300 (Correct)
- D. Rs. 1400
Explanation: A = P(1 + rt/100) = 1.4P.
- Simple Interest
14. At 5% CI for 2 years, Rs. 4000 becomes:
- A. Rs. 4200
- B. Rs. 4300
- C. Rs. 4410 (Correct)
- D. Rs. 4520
Explanation: 4000 x 1.05 x 1.05.