# SSC > Simple Interest

Explore popular questions from Simple Interest for SSC. This collection covers Simple 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

What sum of money must be given as simple interest for six months at 4% per annum in order to earn Rs.150 interest?

A

Rs.5000

Rs.7500

C

Rs.10000

D

Rs.15000

##### Explanation Q 2.

Correct2

Incorrect-0.5

A sum of Rs.1600 gives a simple interest of Rs.252 in 2 years and 3 months. The rate of interest per annum is:

A

{tex}5\frac{1}{2}{/tex}%

B

8%

7%

D

6%

##### Explanation Q 3.

Correct2

Incorrect-0.5

A sum of money lent at simple interest amounts to Rs.880 in 2 years and to Rs.920 in 3 years. The sum of money (in rupees) is

A

700

B

760

C

784

800

##### Explanation Q 4.

Correct2

Incorrect-0.5

At some rate of simple interest, A lent Rs.6,000 to B for 2 years and Rs.1,500 to C for 4 years and received Rs.900 as interest from both of them together. The rate of interest per annum was

5%

B

6%

C

8%

D

10%

##### Explanation Q 5.

Correct2

Incorrect-0.5

A lent Rs.5000 to B for 2 years and Rs.3000 to C for 4 years on simple interest at the same rate of interest and received Rs.2200 in all from both as interest. The rate of interest per annum is

A

7%

B

5%

C

{tex}7\frac{1}{8}{/tex}%

10%

##### Explanation Q 6.

Correct2

Incorrect-0.5

What sum of money will amount to Rs.520 in 5 years and to Rs.568 in 7 years at simple interest ?

Rs.400

B

Rs.120

C

Rs.510

D

Rs.220

##### Explanation Q 7.

Correct2

Incorrect-0.5

Rs.500 was invested at 12% per annum simple interest and a certain sum of money invested at 10% per annum simple interest. If the sum of the interest on both the sum after 4 years is Rs.480, the latter sum of money is :

A

Rs.450

B

Rs.750

Rs.600

D

Rs.550

##### Explanation Q 8.

Correct2

Incorrect-0.5

A money lender finds that due to fall in the annual rate of interest 8% to {tex}7\frac{3}{4}{/tex}% , his yearly income diminishes by Rs. 61.50. His capital is

A

Rs.22400

B

Rs.23800

Rs.24600

D

Rs.26000

##### Explanation Q 9.

Correct2

Incorrect-0.5

A lends Rs.2500 to B and a certain sum to C at the same time at 7% annual simple interest. If after 4 years, A altogether receives ₹1120 as interest from B and C, the sum lent to C is

A

Rs.700

B

Rs.6500

C

Rs.4000

Rs.1500

##### Explanation Q 10.

Correct2

Incorrect-0.5

A certain sum of money amounts to Rs.756 in 2 years and to Rs.873 in {tex}3\frac{1}{2}{/tex}years at a certain rate of simple interest. The rate of interest per annum is

A

10%

B

11%

C

12%

13%

##### Explanation Q 11.

Correct2

Incorrect-0.5

What sum will amount to Rs.7000 in 5 years at {tex}3\frac{1}{2}{/tex}% simple interest ?

A

Rs.6300

B

Rs.6500

Rs.6000

D

Rs.5000

##### Explanation Q 12.

Correct2

Incorrect-0.5

A man took a loan from a bank at the rate of 12% per annum at simple interest. After 3 years he had to pay Rs.5,400 as interest only for the period. The principal amount borrowed by him was :

A

Rs.2,000

B

Rs.10,000

C

Rs.20,000

Rs.15,000

##### Explanation  Q 13.

Correct2

Incorrect-0.5

A sum of money at simple interest amounts to Rs.1,012 in {tex}2\frac{1}{2}{/tex} years and to Rs.1,067.20 in 4 years. The rate of interest per annum is :

A

2.50%

B

3%

4%

D

5%

##### Explanation Q 14.

Correct2

Incorrect-0.5

A sum of money lent out at simple interest amounts toRs.720 after 2 years and to Rs.1020 after a further period of 5 years. The sum is :

A

Rs.500

Rs.600

C

Rs.700

D

Rs.710

##### Explanation  Q 15.

Correct2

Incorrect-0.5

The sum of money, that will give Rs. 1 as interest per day at the rate of 5% per annum simple interest is

A

Rs.3650

B

Rs.36500

C

Rs.730

Rs.7300

##### Explanation Q 16.

Correct2

Incorrect-0.5

If the simple interest on a certain sum of money for 15 months at {tex}7\frac{1}{2}{/tex}% per annum exceeds the simple interest on the same sum for 8 months at {tex}12\frac{1}{2}{/tex}% per annum by Rs.32.50, then the sum of money (in Rs.) is :

A

312

B

312.50

3120

D

3120.50

##### Explanation Q 17.

Correct2

Incorrect-0.5

What annual instalment will discharge a debt of Rs.6450 due in 4 years at 5% simple interest ?

Rs.1500

B

Rs.1835

C

Rs.1935

D

Rs.1950

##### Explanation  Q 18.

Correct2

Incorrect-0.5

In what time will Rs.72 become Rs.81 at {tex}6\frac{1}{4}{/tex}% per annum simple interest ?

2 years

B

3 years

C

2 years 6 months

D

None of these

##### Explanation Q 19.

Correct2

Incorrect-0.5

The simple interest on Rs.7,300 from 11 May, 1987 to 10 September, 1987 (both days included) at 5% per annum is

Rs.123

B

Rs.103

C

Rs.200

D

Rs.223

##### Explanation Q 20.

Correct2

Incorrect-0.5

A person borrows Rs.5,000 for 2 years at 4% per annum simple interest. He immediately lends it to another person at {tex}6\frac{1}{4}{/tex}% per annum simple interest for 2 years. His gain in the transaction is

A

Rs.112.50

B

Rs.450

Rs.225

D

Rs.150

##### Explanation Q 21.

Correct2

Incorrect-0.5

A man had Rs.16,000, part of which he lent at 4% and the rest at 5% per annum simple interest. If the total interest received was Rs.700 in one year, the money lent at 4% per annum was

A

Rs.12,000

B

Rs.8,000

Rs.10,000

D

Rs.6,000

##### Explanation Q 22.

Correct2

Incorrect-0.5

Rs.1,000 is invested at 5% per annum simple interest. If the interest is added to the principal after every 10 years, the amount will become 2,000 after

A

15 years

B

18 years

C

20 years

{tex}16\frac{2}{3}{/tex}years

##### Explanation Q 23.

Correct2

Incorrect-0.5

A sum of money amounts to Rs.5,200 in 5 years and to Rs.5,680 in 7 years at simple interest. The rate of interest per annum is

A

3%

B

4%

C

5%

6%

##### Explanation Q 24.

Correct2

Incorrect-0.5

Rs.800 becomes Rs.956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will Rs.800 become in 3 years ?

A

Rs.1020.80

B

Rs.1025

Rs.1052

D

Rs.1050

##### Explanation  Q 25.

Correct2

Incorrect-0.5

A person deposited ₹400 for 2 years, ₹550 for 4 years and ₹1,200 for 6 years. He received the total simple interest of ₹1,020. The rate of interest per annum is

10%

B

5%

C

15%

D

20%

##### Explanation 