SSC Exam PYQs on Simple Interest Part 1

SSC Exam PYQs on Simple Interest Part 1

#### A sum of money invested at a certain rate of interest amounts to Rs. 815 in 3 years. What is the principal amount if the rate of interest is 5% per annum? 1. [ ] Rs.450 2. [x] Rs.708.70 3. [ ] Rs.550 4. [ ] Rs.600 #### A sum of Rs. 1200 amounts to Rs. 1320 in 2 years at a certain rate of simple interest. What is the rate of interest? 1. [x] 5% 2. [ ] 10% 3. [ ] 15% 4. [ ] 20% #### If the principal amount is Rs. 5000, rate of interest is 6% per annum and time is 2 years, what is the simple interest? 1. [x] Rs. 600 2. [ ] Rs. 1000 3. [ ] Rs. 1200 4. [ ] Rs. 1500 #### If the simple interest is Rs. 800, principal amount is Rs. 4000 and rate of interest is 10% per annum, what is the time? 1. [x] 2 years 2. [ ] 3 years 3. [ ] 4 years 4. [ ] 5 years #### If the simple interest on a principal of Rs. 15000 for 2 years at a rate of x % per annum is Rs. 2400, then what is the rate of simple interest? 1. [ ] 5% 2. [ ] 6% 3. [ ] 7% 4. [x] 8%