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1. Simple interest 7.

The simple interest earned on ₹2,800 at a


rate of 10% per annum for 3 years is ₹x and
1. A certain amount is lent at x% p.a simple ₹1,736 is the simple interest earned on
interest for 3 years. Instead, if the amount ₹6,200 at a rate of 14% for y years, then the
was lent at 3x% p.a. simple interest for y value of x/y is:
more years, then the simple interest would
(a) 140 (b) 380
have been seven times the earlier interest.
What is the value of y? (c) 550 (d) 420
(a) 3 (b) 4 SSC CGL T-II, 26.10.2023
8. Ravi borrowed some money at the rate of 5%
(c) 5 (d) 6
per annum for the first three years, 8% per
SSC CGL T-I, 21.07.2023 [Shift-3] annum for the next two years and 10% per
2. Deepa took a loan of ₹78,000 from a bank on annum for the period beyond 5 years. If he
𝟑
24th January 2012 at 8 % per annum simple paid a total simple interest of ₹12,750 at
𝟒
interest and paid it back on 18th June 2012. the end of 7 years, then how much money
Find the total amount paid by Deepa. did he borrow?
(Approximated to nearest integer) (a) ₹25,000 (b) ₹26,000
(a) ₹80,723 (b) ₹90,730 (c) ₹27,000 (d) ₹24,000
(c) ₹85,733 (d) ₹88,730 SSC CHSL 07.08.2023 [Shift-1]
SSC CGL T-I, 19.07.2023 [Shift-3] 9. What will be the total amount payable on
3. A man invests a total sum of ₹10,000 in a ₹25,000 in 2 years if the rate of simple
company. A part of the sum was invested at interest in successive years is 4% and 5%
10% simple interest per annum and the respectively?
remaining part at 15% simple interest per (e) ₹26,250 (f) ₹28,250
annum. If the total interest accrued to him (g) ₹26,000 (h) ₹27,250
in two years equals ₹2,400, then the sum SSC CHSL 04.08.2023 [Shift-1]
invested at 15% simple interest per annum 10. A financial institution claims that it
is: returns three times the principal in 25 years
(a) ₹8,000 (b) ₹4,000 on a certain rate of simple interest per
(c) ₹6,000 (d) ₹5,000 annum. What is the rate of simple interest?
SSC CGL T-I, 14.07.2023 [Shift-3] (a) 8% (b) 6%
4. Ravi borrowed ₹1,380 from a bank which he (c) 4% (d) 5%
repaid in 6 years at the rate of 6% per SSC CHSL 03.08.2023 [Shift-4]
annum simple interest. If payment was 11. The simple interest on a certain sum for 3
made in six equal instalments, then each years at 8% per annum is ₹9120 less than
instalment was: the simple interest on the same sum for 7
(a) ₹220 (b) ₹200 years at 8% per annum. Find the sum.
(c) ₹180 (d) ₹190 (a) ₹28,500 (b) ₹28,250
SSC CGL T-I, 28.06.2023 [Shift-4] (c) ₹28,750 (d) ₹28,000
5. P borrows ₹5,00,000 from the bank which SSC CHSL 03.08.2023 [Shift-1]
charges 18% simple interest per annum at 12. Ashima borrowed ₹75,000 from a
the start of the year. He pays 11 equal nationalized bank on 26th March 2022 at the
monthly instalments of ₹40,000 and his rate of 9% per annum simple interest. If she
bike at the end of the year to pay the cleared the account on 7th June of the same
amount. What is the value of the bike year, then what amount did she pay?
given?
(a) ₹75,000 (b) ₹76,350
(a) 1,50,000 (b) 1,75,000
(c) ₹1,350 (d) ₹75,350
(c) 1,25,000 (d) 1,10,000
SSC CHSL 02.08.2023 [Shift-3]
SSC MTS 27.06.2023 [Shift-2] 13. A computer is available for ₹39,000 on cash
6. A sum of ₹3,000 becomes ₹6000 when payment or ₹19,000 as cash payment
invested in a scheme of simple interest. If followed by five monthly instalments of
the annual rate of interest and the number ₹4,200 each. What is the rate of interest per
of years for which sum was invested are annum under the instalment plan?
same, then what is the annual rate of 𝟏𝟗 𝟏𝟕
interest? (a) 𝟐𝟎 𝟐𝟗% (b) 𝟐𝟎 𝟐𝟗%
साधारण ाज की योजना म िनवेश करने पर ₹3,000 की 𝟐𝟎
(c) 𝟐𝟎 𝟐𝟗 %
𝟏𝟖
(d) 𝟐𝟎 𝟐𝟗 %
रािश ₹6,000 हो जाती है। यिद ाज का वािषक दर और
SSC CHSL 02.08.2023 [Shift-2]
वष की सं ा िजसके िलए रािश का िनवेश िकया गया था, 14. If a sum of money becomes ₹6,000 in 3 years
समान ह, तो वािषक ाज दर ा है? and ₹10,500 in 7 years and 6 months at the
(a) 5% (b) 20% same rate of simple interest, then what is
(c) 10% (d) 15% the rate of interest?
SSC CHSL 2022 (a) 33.33% (b) 25.5%
(c) 45.67% (d) 66.33% II. it will become 7 times of itself at the rate
SSC CHSL 07.08.2023 [Shift-4] of 30 percent per annum on simple interest
15. In ‘t’ years, the simple interest earned on a in the same time period.
certain amount at the rate of 10% per (a) Only II
annum is 5/8th of the principal amount. If (b) Only I
the rate of interest is made three-fourth of (c) Both I and II
10% and the simple interest remains the (d) Neither I nor II.
same, which of the following statements is SSC CHSL 21.03.2023 [Shift-1]
true about the changed value of time? 21. Damini purchased an item costing Rs 7,500
(a) It remains the same as t. and paid ₹3,500 as a down payment for the
(b) It becomes three-fourth of the same. If the simple interest charged for the
time t. remaining amount is 9% per annum and
𝟏
(c) It increases to 8𝟑 years. Damini cleared all dues after 4 months of
𝟏
the purchase, how much did Damini pay
(d) It decreases to 5 years. after 4 months as interest?
𝟐
SSC CHSL 14.08.2023 [Shift-4] (a) Rs 120 (b) Rs 100
16. In a store, Arun has two options to buy a (c) Rs 132 (d) Rs 125
mobile phone, either he can pay the full SSC CGL 01.12.2022 [Shift-4]
amount of Rs 2,500 or he may buy at an 22. A man takes a loan of some amount at some
instalment scheme, i.e., Rs 520 in rate of interest. After three years, the loan
downpayment and four equal instalments, amount is doubled and the rate of interest is
rate of interest being charged at 25% p.a. decreased by 2%. After 5 years, if the total
simple interest. Arun buys a mobile phone interest paid on whole is Rs 13,600, which
on the instalment scheme. What is the is equal to the same when the first amount
monthly instalment? 𝟏
was taken for 11 years, then the loan taken
𝟑
(a) Rs 510 (b) Rs 530 initially is:
(c) Rs 550 (d) Rs 520 (a) Rs 13,600 (b) Rs 12,500
SSC CPO 05.10.2023 [Shift-3] (c) Rs 10,000 (d) Rs 12,000
17. ½ of a certain sum is lent at 20 percent rate SSC CHSL 14.10.2020 [Shift-2]
of interest. 2/5 of the remaining sum is lent
23. A certain sum amounts to Rs 81840 in 3
at 25% rate of interest. The remaining sum
years and to Rs 92,400 in 5 years at x% p.a.
is lent at 10 percent rate of interest. If the Under simple interest. If the rate of interest
simple interest received on the total sum becomes (x+2)%, then in how many years
for 2 years is Rs 360, then what is the sum? will the same sum double?
(a) Rs 1200 (b) Rs 800 (a) 12.5 (b) 8
(c) Rs 1000 (d) Rs 1400 (c) 10 (d) 20
SSC CHSL 09.03.2023 [Shift-3] SSC CGL T-I, 20.08.2021 [Shift-1]
18. A person lent Rs 23,000 to B for 3 years and 24. In how many years will Rs 2,500 invested at
Rs 19000 for 4 years on simple interest at the rate of 16% p.a. simple interest, amount
the same rate of interest and received Rs to Rs 4,100?
3625 in all from both of them as interest.
(a) 4 (b) 3
What is the annual rate of interest?
(c) 5 (d) 6
(a) 1.5 percent (b) 3 percent
SSC CHSL T-II, 10.01.2024
(c) 2.5 percent (d) 4 percent
25. If an amount of ₹80 becomes ₹96 in 2 years
SSC CGL 06.12.2022 [Shift-4] in a bank account which gives simple
19. A car with a price of ₹6,50,000 is bought by interest, then an amount of ₹62,000 will
making some down payment. On the
become _____________ in the same account
balance, a simple interest of 10% is charged
after 5 years.
in lump sum and the money is to be paid in
(a) ₹93,000 (b) ₹84,600
20 equal annual instalments of ₹25,000.
How much is the down payment? (c) ₹82,400 (d) ₹88,200
(a) ₹1,55,945 (b) ₹1,95,455 SSC CPO 03.10.2023 [Shift-3]
26. Anandi bought a smart watch from an
(c) ₹1,94,555 (d) ₹1,45,955
electronic store for Rs 4,400. Since she had
SSC CGL 06.12.2022 [Shift-2] less money, she paid Rs 2,000 for down
20. A sum of money becomes three times of
payment and the shopkeeper offered her an
itself at the rate of 10 percent per annum
alternative to pay Rs 2,440 after 1 month.
on simple interest. Which of the following Find the rate of interest being charged at
statements(s) is/are correct? simple interest by the shopkeeper in this
I. It will become 5 times of itself at the rate instalment option.
of 20 percent per annum on simple interest
(a) 15% (b) 20%
in the same time period.
(c) 10% (d) 22% SSC MTS 12.09.2023 [Shift-1]
SSC CPO 04.10.2023 [Shift-1] 35. A person invests ₹5,000 at a simple interest
27. Ramesh borrowed ₹15,000 at a certain rate rate of 5% per annum for 5 years, she
of simple interest from a bank. He repaid reinvests the entire amount at the same
(the principal but not interest) ₹6,000 after rate of interest for another three years.
5 years, and after 5 more years he paid What will be the total interest earned by the
₹18,600 and settled his account. Find rate person at the end of 8 years?
of simple interest per annum. (a) ₹2156.50 (b) ₹2,256.50
(a) 10% (b) 8% (c) ₹2,323.50 (d) ₹2,187.50
(c) 12% (d) 6% SSC MTS 13.09.2023 [Shift-1]
SSC CPO 04.10.2023 [Shift-2] 36. A sum of ₹800 amounts to ₹1,040 in 3 years
28. Kanchan lent ₹10,000 for 2 years and ₹5,000 at simple interest. If the interest rate is
for 4 years at the same rate of simple increased by 3%, find the amount.
interest. If the total interest received by (a) ₹1,102 (b) ₹1,212
Kanchan is ₹2,000, then what was the rate (c) ₹1,112 (d) ₹1,012
of interest? SSC MTS 14.09.2023 [Shift-2]
(a) 4% (b) 2% 37. A sum of money becomes seven times in 16
(c) 3% (d) 5% years at simple interest per annum. Find
SSC CPO 04.10.2023 [Shift-3] the per annum simple interest.
29. What annual instalment (in Rs) will (a) 25.8% (b) 39.2%
discharge a debt of ₹9,429 due in three (c) 20.3% (d) 37.5%
years at 12.25% simple interest per annum? SSC MTS 05.09.2023 [Shift-3]
[Note instalments will be paid the end of 38. A certain sum of money lent out at simple
year 1, year 2, years 3] interest amounts to ₹12,600 in 2 years and
(a) 2800 (b) 2700 ₹16,200 in 4 years. The rate percent per
(c) 2,840 (d) 2760 annum is:
SSC CPO 05.10.2023 [Shift-1] (a) 25% (b) 12𝟕 %
𝟔
30. A sum of money deposited at simple interest
amounts to Rs 1,020 in three years and Rs (c) 17 %
𝟏 (d) 20%
𝟐
980 in two years. The sum deposited is: SSC MTS 11.09.2023 [Shift-1]
(a) Rs 900 (b) Rs 880 39. Rs 8,000 becomes ₹9,800 in three years at
(c) Rs 920 (d) Rs 840 simple interest rate. If the rate of interest
SSC MTS 01.09.2023 [Shift-2] becomes two times of itself, then what will
31. A car dealer borrows ₹20,000 from a bank for be the amount of the same principle in four
a period of 2 years at a simple interest rate years?
of 8% per annum. If he repays the loan in (a) ₹10,800 (b) ₹11,800
full at the end of the 2 years period, how (c) ₹12,800 (d) ₹13,500
much will he have to pay? SSC MTS 11.09.2023 [Shift-2]
(a) ₹3,600 (b) ₹23,600 40. Ramesh borrowed some money at a rate of
(c) ₹23,200 (d) ₹3,200 5% per annum for the first four years, 8%
SSC MTS 04.09.2023 [Shift-1] per annum for the next six years, and 12%
32. A sum invested at the rate of 6% simple per annum for the period beyond ten years.
interest per annum grows to ₹1,13,880 in 5 If the total interest paid by him at the end
years. What is the simple interest, if the of twelve years is ₹9,016, then find the
same amount is invested for 8 years at the money borrowed by Ramesh.
rate of 9% per annum? (a) 9,800 (b) 9,616
(a) ₹63,072 (b) ₹60,565 (c) 9,816 (d) 9,016
(c) ₹65,392 (d) ₹58,050 SSC CPO 03.10.2023 [Shift-3]
SSC CPO 04.10.2023 [Shift-2] 41. How long (in years) will a sum of money
33. The simple interest on a sum of money is invested at 6% per annum simple interest to
four times the principal. The rate percent increase its value by 40%?
per annum and time in years are equal. Find 𝟐 𝟐
(a) 𝟔 𝟑 (b) 𝟓 𝟑
the rate percent per annum. 𝟏 𝟏
(a) 10% (b) 10% (c) 𝟔 𝟑 (d) 𝟒 𝟑
(c) 12% (d) 15% SSC CHSL T-I, 02.08.2023
SSC MTS 12.09.2023 42. Rajesh invested ₹10,000 by dividing it into
34. In how many years will ₹2,000 invested at two different schemes, A and B,
the rate of 11% per annum simple interest, respectively. If the total interest earned in 2
amount to Rs ₹3,100? years is ₹1,680, the amount invested in
(a) 3 (b) 4 scheme A is:
(c) 5 (d) 2 (a) ₹4,000 (b) ₹2,000
(c) ₹6,000 (d) ₹8,000
SSC CPO 03.10.2023 [Shift-1]
43. A person borrowed some money on simple
interest. After 3 years, he returned 4/3 on
the money to the lender. What was the rate
of interest?
𝟐 𝟑
(a) 11𝟗% (b) 11𝟗 %
𝟒 𝟏
(c) 𝟏𝟏 % (d) 𝟏𝟏 %
𝟗 𝟗
SSC CHSL T-II, 02.11.2023
44. A man deposited ₹10,000 at simple interest
in a fund. The interest rate on the fund
increases by 4% every year. If the interest
rate at the time of the amount deposit
was8%, what is the interest earned (in ₹) by
him after 5 years?
(a) 6,000 (b) 8,000
(c) 5,800 (d) 8,400
SSC CHSL 02.08.2023 [Shift-4]
45. What annual instalment will discharge a
debit of ₹5,664 in 4 years at 12% simple
interest?
(a) Rs 1,230 (b) Rs 1,210
(c) Rs 1,200 (d) Rs 1,220
SSC CGL 02.12.2022 [Shift-3]
46.

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