# SSC > Compound Interest

Explore popular questions from Compound Interest for SSC. This collection covers Compound Interest previous year SSC questions hand picked by experienced teachers.

General Intelligence and Reasoning
General Awareness
Quantitative Aptitude
English Comprehension
Q 1.

Correct2

Incorrect-0.5

At what percent per annum will Rs.3000/- amounts to Rs.3993/- in 3 years if the interest is compounded annually?

A

9%

10%

C

11%

D

13%

##### Explanation  Q 2.

Correct2

Incorrect-0.5

The compound interest on Rs.10,000 in 2 years at 4% per annum, the interest being compounded half-yearly, is :

A

Rs.636.80

Rs.824.32

C

Rs.912. 86

D

Rs.828. 82

##### Explanation Q 3.

Correct2

Incorrect-0.5

In how many years will Rs.2,000 amounts to Rs.2,420 at 10% per annum compound interest?

A

3 years

B

{tex}2\frac{1}{2}{/tex}years

2 years

D

{tex}1\frac{1}{2}{/tex}years

##### Explanation Q 4.

Correct2

Incorrect-0.5

In what time will Rs.1000 becomes Rs.1331 at 10% per annum compounded annually ?

3 years

B

{tex}2\frac{1}{2}{/tex}years

C

2 years

D

{tex}3\frac{1}{2}{/tex}years

##### Explanation Q 5.

Correct2

Incorrect-0.5

The principal, which will amount to Rs.270.40 in 2 years at the rate of 4% per annum compound interest, is

A

Rs.200

B

Rs.225

Rs.250

D

Rs.220

##### Explanation Q 6.

Correct2

Incorrect-0.5

A sum of money on compound interest amounts to Rs.10648 in 3 years and 9680 in 2 years. The rate of interest per annum is :

A

5%

10%

C

15%

D

20%

##### Explanation Q 7.

Correct2

Incorrect-0.5

At what rate per cent per annum will Rs.2304 amount to Rs.2500 in 2 years at compound interest ?

A

{tex}4\frac{1}{2}{/tex}%

B

{tex}4\frac{1}{5}{/tex}%

{tex}4\frac{1}{6}{/tex}%

D

{tex}4\frac{1}{3}{/tex}%

##### Explanation Q 8.

Correct2

Incorrect-0.5

A sum becomes Rs.1,352 in 2 years at 4% per annum compound interest. The sum is

A

Rs.1,225

B

Rs.1,270

C

Rs.1,245

Rs.1,250

##### Explanation Q 9.

Correct2

Incorrect-0.5

The compound interest on Rs.16,000 for 9 months at 20% per annum, interest being compounded quarterly, is

A

Rs.2,520

B

Rs.2,524

Rs.2,522

D

Rs.2,518

##### Explanation Q 10.

Correct2

Incorrect-0.5

If the rate of interest be 4% per annum for first year, 5% per annum for second year and 6% per annum for third year, then the compound interest of Rs.10,000 for 3 years will be

A

Rs.1,600

B

Rs.1,625.80

Rs.1,575.20

D

Rs.2,000

##### Explanation Q 11.

Correct2

Incorrect-0.5

The compound interest on 2000 in 2 years if the rate of interest is 4% per annum for the first year and 3% per annum for the second year, will be

Rs.142.40

B

Rs.140.40

C

Rs.141.40

D

Rs.143.40

##### Explanation Q 12.

Correct2

Incorrect-0.5

At what rate per annum will Rs.32000 yield a compound interest of Rs.5044 in 9 months interest being compounded quarterly ?

20%

B

32%

C

50%

D

80%

##### Explanation  Q 13.

Correct2

Incorrect-0.5

The compound interest on Rs.8,000 at 15% per annum for 2 years 4 months, compounded annually is:

A

Rs.2980

B

Rs.3091

Rs.3109

D

Rs.3100

##### Explanation Q 14.

Correct2

Incorrect-0.5

In what time will Rs.10,000 amount to Rs.13310 at 20% per annum compounded half yearly?

{tex}1\frac{1}{2}{/tex}years

B

2 years

C

{tex}2\frac{1}{2}{/tex}years

D

3 years

##### Explanation Q 15.

Correct2

Incorrect-0.5

A certain sum of money yields Rs.1261 as compound interest for 3 years at 5% per annum. The sum is

A

Rs.9000

B

Rs.8400

C

Rs.7500

Rs.8000

##### Explanation Q 16.

Correct2

Incorrect-0.5

A certain sum, invested at 4% per annum compound interest, compounded halfyearly, amounts to Rs.7,803 at the end of one year. The sum is

A

Rs.7,000

B

Rs.7,200

Rs.7,500

D

Rs.7,700

##### Explanation Q 17.

Correct2

Incorrect-0.5

A certain sum amounts to Rs.5,832 in 2 years at 8% per annum compound interest, the sum is

Rs.5,000

B

Rs.5,200

C

Rs.5,280

D

Rs.5,400

##### Explanation Q 18.

Correct2

Incorrect-0.5

The compound interest on Rs.6,000 at 10% per annum for {tex}1\frac{1}{2}{/tex}years, when the interest being compounded annually, is

A

Rs.910

B

Rs.870

Rs.930

D

Rs.900

##### Explanation  Q 19.

Correct2

Incorrect-0.5

In what time Rs.8,000 will amount to Rs.9,261 at 10% per annum compound interest, when the interest is compounded half yearly ?

A

{tex}3\frac{1}{2}{/tex}years

{tex}1\frac{1}{2}{/tex}years

C

{tex}2\frac{1}{2}{/tex}years

D

2 years

##### Explanation Q 20.

Correct2

Incorrect-0.5

At what rate per cent per annum will a sum of Rs.1,000 amounts to Rs.1,102.50 in 2 years at compound interest ?

5%

B

5.5%

C

6%

D

6.5%

##### Explanation Q 21.

Correct2

Incorrect-0.5

In how many years will a sum of Rs.800 at 10% per annum compound interest, compounded semi-annually becomes Rs.926.10 ?

{tex}1\frac{1}{2}{/tex}years

B

{tex}1\frac{2}{3}{/tex}years

C

{tex}2\frac{1}{3}{/tex}years

D

{tex}2\frac{1}{2}{/tex}years

##### Explanation  Q 22.

Correct2

Incorrect-0.5

An amount of Rs.6,000 lent at 5% per annum compound interest for 2 years will become

A

Rs.600

B

Rs.6,600

C

Rs.6,610

Rs.6,615

##### Explanation Q 23.

Correct2

Incorrect-0.5

In what time will Rs.1000 amounts to ₹1331 at 20% per annum, compounded half yearly ?

{tex}1\frac{1}{2}{/tex}years

B

2 years

C

1 year

D

{tex}2\frac{1}{2}{/tex}years

##### Explanation Q 24.

Correct2

Incorrect-0.5

The compound interest on Rs.30,000 at 7% per annum for a certain time is Rs.4,347. The time is

A

3 years

B

4 years

2 years

D

2.5 years

##### Explanation Q 25.

Correct2

Incorrect-0.5

A sum of Rs.8000 will amount to Rs.8820 in 2 years if the interest is calculated every year. The rate of compound interest is

A

6%

B

7%

C

3%

5%

##### Explanation 