Pinnacle Day: 74th - 75th Simple Interest

after 3, 4 and 5 years respectively. If the Q7. The rate of simple interest on a sum
SIMPLE rate of interest is 5% per annum, then the of money is 5% p.a. for the first 4 years,
amount invested for the wife is: 8% p.a. for the next 3 years and 10% p.a.
INTEREST SSC CHSL 12/8/2021 (Evening) for the period beyond 7 years. If the
(a) 27000 (b) 28000 simple interest accrued by the sum over
Key Points:
(c) 25000 (d) 30000 a period of 10 years is ₹1,850, then the
sum is:
1. Simple Interest on a sum (principal) of Q3. A sum of Rs. 10,000 was borrowed SSC CGL 6 March 2020 (Evening)
money at R% per annum for T years is at a rate of simple interest. After four (a) ₹1,650 (b) ₹1,500
given by: months, Rs.6000 more was borrowed (c) ₹2,750 (d) ₹2,500
𝑆𝐼 = and rate of interest on the total principal
𝑃𝑟𝑖𝑛𝑐𝑖𝑝𝑎𝑙×𝑅𝑎𝑡𝑒×𝑇𝑖𝑚𝑒 𝑃𝑅𝑇 was doubled than that of the previous 1
100
= 100 Q8. Sudeep invested of certain sum
rate. At the end of the year, 2800 was 8
2. Amount, A = Principal + Simple paid as the interest. Find the rate that 3
Interest was applicable in the initial. at 5% p.a for two years and of the
5
𝑆𝐼×100 𝑆𝐼×100 SSC CHSL 12-10-2020 (Morning )
3. Also, 𝑃 = , 𝑇= , sum at 6%p.a for two years and the
𝑅×𝑇 𝑅×𝑃 (a)14% (b)16%
remaining at 10% p.a for two years. If
𝑆𝐼×100 (c)12% (d)10%
𝑅= the total interest received is Rs 1,674,
𝑃×𝑇
then the total sum invested is:
Q4. A man takes a loan of some amount
SSC CPO 2019 9-12-19(Morning)
at some rate of simple interest. After
Example: A man lends Rs. 500 at 10% (a) Rs12,500 (b) Rs12,000
three years, the loan amount is doubled
per annum for 2 years. His interest will (c) Rs10,500 (d) Rs13,000
and the rate of interest is decreased by
be:
2%. After 5 years, if the total interest
Solution: Here, P = Rs. 500, R = 10% Q.9 A certain sum ( in ₹) is invested at
paid on the whole is Rs13,600, which is 1
and T = 2 years. simple interest at y% per annum for 3 2
equal to the same when the first amount
𝑃𝑅𝑇 500×10×2 1
𝑆𝐼 = = = 𝑅𝑠. 100 years. Had it been invested at (y+4)%
100 100 was taken for 11 years, then the loan
3 per annum at simple interest, it would
taken initially is: have fetched ₹4,452 more as interest.
Important Note:i) Notice that in the
SSC CHSL 14-10-2020 (Afternoon) What is the sum?
𝑃𝑅𝑇
formula, 𝑆𝐼 = , we are just (a) Rs 13,600 (b) Rs 12,500 SSC CPO 2019 9-12-19(Evening)
100
calculating (𝑇×𝑅)% of P. (c) Rs 10,000 (d) Rs 12,000 (a) ₹42,400 (b) ₹31,800
(c) ₹30,400 (d) ₹42,800
Q5. A person invested a total of ₹9,000
ii) Simple Interest increases linearly with in three parts at 3%, 4% and 6% per Q.10 A person invested a sum of Rs.
the number of years i.e. you can directly annum on simple interest. At the end of
divide by the number of years to get SI 18,600 at x% p.a. and another sum that
a year, he received equal interest in all is twice the former at(x + 2)% p.a. , both
for 1 year.
three cases. The amount invested at 6% at a simple interest. If the total interest
Example: If SI is Rs. 400 for 4 years,
is: 1
then it will be Rs. 200 for 2 years.
SSC CHSL 16-10-2020 (Morning) earned on both investments for 3 years
2
(a) ₹2,000 (b) ₹3,000
Variety Questions is Rs 23,110.50 , then the rate of interest
(c) ₹4,000 (d) ₹5,000
p.a. On the second investment is.
SSC CPO 2019 11-12-19(Morning)
Q1. A certain sum amounts to Rs.81840 Q6. The difference in the compound (a)11% (b)10.5%
in 3 years and to Rs.92,400 in 5 years at interest on a certain sum at 10% p.a. for (c)13% (d)12.5%
x% p.a. Under simple interest. If the rate one year, when the interest is
of interest becomes (x+2)%, then in how compounded half yearly and yearly, is Q11. A sum of Rs 8400 amounts to Rs
many years will the same sum double ₹88.80. What is the simple interest on 11,046 at 8.75% p.a. simple interest in a
itself? 2
the same sum for 1 years at the same certain time. What is the simple interest
SSC CGL 20/8/2021 (Morning) 3
on the sum of 9600 at the same rate for
(a)12.5 (b) 8 (c) 10 (d) 20 rate? the same time?
SSC CGL 4 March 2020 (Afternoon) SSC CGL Tier 2 11 September 2019
Q.2 A man invested an amount of (a) ₹5,916 (b) ₹5,986 (a)Rs 2990 (b)Rs 3012
Rs.105750 at simple interest in the name (c) ₹5,980 (d) ₹5,920 (c)Rs 2686 (d)Rs 3024
of his son, daughter and his wife in such
a way that they get the same interest

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Pinnacle Day: 74th - 75th Simple Interest

Q12. A sum of Rs. 5,000 is divided into the sum itself. The number of years is
two parts such that the simple interest on equal to: Q24. If the ratio of principal and the
1 2 SSC MTS 2 August 2019 (Morning) simple interest for 5 years is 10 : 7, then
the first part for 4 years at 6 % p.a. (a) 5 (b) 10 (c) 8 (d) 1
5 3 the rate of interest (per annum) is:
Is double the simple interest on the SSC MTS 9 August 2019 (Morning)
3 Q18. The simple interest on a principal (a) 15% (b) 20%
second part for 2 years at 4% p.a. for 6 months at an interest rate of 10% (c) 10% (d) 14%
4
What is the difference between the two per annum is Rs100. What is the
parts ? principal? Q25. The Simple interest at the end of 3
SSC CGL Tier 2 11 September 2019 SSC MTS 5 August 2019 (Morning) years on a sum of Rs. 2800 is Rs. 420.
(a) 680 (b) 600 (a) Rs1000 (b) Rs2000 What will be the simple interest on Rs.
(c) 560 (d) 620 (c) Rs1500 (d) Rs2500 3200 for the same period at the same rate
?
Q13. A sum amounts to Rs 14,395.20 at Q19. If Rs. 1000 has been invested @ SSC MTS 9 August 2019 (Evening)
9.25% p.a. simple interest in 5.4 years. 12.5% simple interest per annum for two (a) Rs480 (b) Rs560
What will be the simple interest on the years, then what is the amount ? (c) Rs440 (d) Rs640
same sum at 8.6% p.a. in 4.5 years? SSC MTS 6 August 2019 (Afternoon)
SSC CGL Tier 2 12 September 2019 (a) 1125 (b) 1250 Q26. A certain sum amounts to Rs20720
(a)Rs 3715.20 (b)Rs 3627 (c) 1325 (d) 1275 in four years and Rs24080 in six years at
(c)Rs 3797.76 (d)Rs 3672 a certain rate of simple interest. The sum
Q20. Rs 480 is invested at simple (in Rs) is:
Q14. A sum lent out at simple interest interest. It becomes Rs 520 after 20 SSC MTS 13 August 2019 (Afternoon)
amounts to Rs. 6076 in 1 year and Rs. months. What is the interest rate per (a) 11000 (b) 12000
7504 in 4 years. The sum and the rate of annum? (c) 14000 (d) 15000
interest p.a are respectively SSC MTS 6 August 2019 (Evening)
SSC CGL Tier 2 12 September 2019 (a) 6% (b) 5% (c) 8% (d) 4% Q27. A sum doubles in seven years at
(a) Rs. 5600 and 9% simple interest. In how many years will
(b) Rs. 5600 and 8.5% Q21. A sum of Rs1500 is invested at the sum become five times the original
(c) Rs. 5400 and 9% simple interest for x months. If the rate sum?
(d) Rs. 5400 and 10% 𝑥 SSC MTS 9 August 2019 (Afternoon)
of interest is % per annum, then the
8 (a) 35 (b) 21 (c) 28 (d) 30
Q15.A person invested one-fourth of the sum grows to Rs 1590. What is the value
sum of Rs 25000 at a certain rate of of x? Q28. The simple interest on Rs x for m
simple interest and the rest at 4% p.a. SSC MTS 7 August 2019 (Morning) years at a rate of r% is equal to the same
higher rate. If the total interest received (a) 3.2 (b) 2.4 (c) 32 (d) 24 on Rs y for n years at the rate of s%, then
for 2 years is Rs 4,125. What is the rate 𝑥
at which the second sum was invested? Q22. A sum of Rs 800 invested on is equal to:
𝑦
CGL Tier 2 13 September 2019 (Morning) simple interest becomes Rs 1200 in 8
SSC MTS 16 August 2019 (Morning)
(a)9.5% (b)9.25% years. What will be simple interest for 6
𝑛𝑟 𝑛𝑠
(c)5.255 (d)7.5% years on the sum at the same rate of (a) (b)
interest? 𝑚𝑠 𝑚𝑟
Q16. A sum of Rs10,500 amounts to SSC MTS 8 August 2019 (Afternoon) 𝑚𝑠 𝑚𝑟
(a) Rs240 (b) Rs210 (c) (d)
4 𝑛𝑟 𝑛𝑠
Rs13,825 in 3 years at a certain rate (c) Rs250 (d) Rs300
5
per cent per annum simple interest. What Q29. If the simple interest on Rs. 28000
will be the simple interest on the same Q23. A sum of Rs10000 is invested in at some rate for three years is Rs. 225
sum for 5 years at double the earlier three schemes of simple interest. The more than the simple interest on Rs.
rate? annual interest rates are respectively, 4%, 27000 at the same rate for 3 years, then
CGL Tier 2 13 September 2019 (Morning) 6% and 10%. Rs4000 were invested in what will be the simple interest on Rs.
(a) Rs8,470 (b) Rs8,750 the first scheme. If the total interest 3
(c) Rs8,670 (d) Rs8,560 earned after five years is Rs2800, then 35500 for 2 years at the same rate ?
5
how much money was invested in the SSC MTS 21 August 2019 (Evening)
Q17. The simple interest on a sum for a third scheme? (a) Rs 6966.50 (b) Rs 6922.50
certain number of years, the same as the SSC MTS 8 August 2019 (Evening) (c) Rs 6953.00 (d) Rs 6723.50
rate percentage of the interest, is equal to (a) Rs1500 (b) Rs5000
(c) Rs1000 (d) Rs3000

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Pinnacle Day: 74th - 75th Simple Interest

Q30. A sum of Rs. 12,800 is invested SSC CGL 13/8/2021 (Afternoon) (a) 5% (b) 8%
partly at 15% per annum and the (a) 21075 (b) 20087 (c) 9% (d) 6%
remaining at 12% per annum simple (c) 19674 (d) 19955
interest. If the total interest at the end of Q.42. In how many years, will Rs. 5450
3 years is Rs. 5085. Then how much Q.36. Two equal sums were lent on amount to Rs. 8175, if invested at simple
money was invested at 15% per annum. simple interest at 6% and 10% per interest at the rate of 12.5% per annum?.
SSC CPO 12 March 2019 (Evening) annum respectively. The first sum was SSC CHSL 16/4/2021 (Morning)
(a)5200 (b)7500 recovered two years later than the (a) 6 (b) 5 (c) 4 (d) 3
(c)5800 (d)5300 second sum and the amount in each case
was Rs.1105. What was the sum (in Rs.) Q.43 A sum of Rs. x amounts to Rs.
Q31. At what rate percent per annum lent in each scheme? 9,246 in 4 years and to Rs. 11, 298.75 in
with simple interest will a sum of money SSC CGL 13/8/2021 (Evening) 1
(a) 900 (b) 850 (c) 936 (d) 891 7 years at y% p.a, simple interest. The
double in 12.5 years? 2
SSC CPO 16 March 2019 (Evening) values of x and y are, respectively.
(a)8 (b)12.5 (c)10 (d)6 Q.37 A sum at a certain rate of simple SSC CHSL 19/4/2021 (Morning)
interest becomes ₹14880 after 3 years (a) 6900 and 8.5 (b) 6800 and 8.5
[Link] simple interest on a certain sum and ₹16800 after 5 years. Find the (c) 6500 and 8 (d) 7200 and 7.5
at 15% p.a. For three years is Rs. 7200. simple interest on the same sum at 10%
The sum is per annum for 4 years (in ₹)? Q.44 A sum of Rs. x amounts to Rs.
SSC CGL 16/8/2021 (Afternoon) 1
SSC CPO 15 March 2019 (Morning) 8,563.50 in 3 years and to Rs. 10,527
(a) 4740 (b) 4800 2
(a)16000 (b)24000
(c) 4860 (d) 5184 in 7 years at y% p.a. Simple interest. The
(c)32000 (d)48000
value of x and y, respectively, are:
Q38. A sum of money was lent in two SSC CHSL 19/4/2021 (Afternoon)
Q33. A borrows a sum of Rs 1000 from
parts in the ratio 4 : 5 and 4 years and 5 (a) 6600 and 8
his friend B on 31 December 2015 on the
years respectively, both at the rate of 8% 1
condition that he will return the same (b) 6800 and 8
per annum simple interest. If the 2
after one year with simple interest at
difference between the interests earned 1
12%. However, A gets into a position of (c) 6600 and 8
from the two parts is Rs.4680, then what 2
returning the money on 1 May 2016.
was the total sum lent (in Rs.) (d) 7000 and 8
How much amount he has to return to B?
SSC CGL 18-08-2021 (Evening)
SSC CHSL 10 July 2019 (Morning)
(a) 58500 (b) 46800 Q45. The 12% interest earned on a sum
(a)Rs 1,331.5 (b)Rs 1,045
(c) 65000 (d) 42120 of money of ₹2,60,000 is to be used for
(c)Rs 1,120 (d)Rs 1,040
awarding 24 scholarship of equal value
Q.39 A sum of 25600 is invested on every year in a school. What is the value
Q34.A certain sum was invested on
simple interest partly at 7% per annum (in ₹) of each scholarship?
simple interest. The amount to which it
and the remaining at 9% per annum. The SSC CHSL 6/8/2021 (Afternoon)
1
had grown in five years was 1 times total interest at the end of 3 years is (a) 1,300 (b) 1,150
4
5832. How much money (in ₹) was (c) 1,200 (d) 1,250
the amount to which it had grown in
invested at 9% per annum?
three years. The percentage rate of
SSC CGL 23/8/2021 (Morning) Q46. If the simple interest on a certain
interest was:
(a) 18000 (b) 7600 sum of money borrowed for 4 years at
SSC CHSL 11 July 2019 (Morning)
(c) 9600 (d) 16000 9.5% per annum exceeds the simple
(a)10% (b)20%
interest on the same sum for 3 years at
(c)25% (d)15%
SSC CHSL 2021 12.5% per annum by Rs. 225, then the
sum borrowed is:
Practice Questions Q.40 What is the simple interest on a SSC CHSL 6/8/2021 (Evening)
sum of Rs. 99000 at 12.5% per annum (a) 35000 (b) 45000
SSC CGL 2021 for a period of 9 months ? (in Rs.) (c) 48000 (d) 42000
CHSL 13/4/2021 (Morning)
Q.35 The rate of simple interest for the (a) 9282.25 (b) 8281.25 Q47. A sum lent at simple interest
first two years is 8% p.a, for the next 4 (c) 7281.25 (d) 9281.25 amounts to Rs. 6,240.80 in one year and
years, it is 10% p.a. And for the period to Rs. 7,563.20 in 4 years. The sum (in
beyond 6 years, it is 12% p.a. If a person Q.41 If the simple interest for 9 years be Rs.) and the rate of interest per annum,
gets 18358.60 as simple interest after 9 equal to 45% of the principal, then the respectively, are:
years, then how much money (in rupee) rate of interest per annum is equal to: SSC CHSL 10/8/2021 (Evening)
did he invest? SSC CHSL 15/4/2021 (Afternoon) (a) 6,200, 8.5% (b) 5,800, 8.5%

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Pinnacle Day: 74th - 75th Simple Interest

(c) 5,800, 7.6% (d) 6,200, 7.6% (c) 8,240 (d) 7,250 (c) 6 Years (d) 7 Years

Q.48. A certain sum of amounts to Rs. Q54. A sum of Rs.27,000 is divided into SSC CHSL 2020
9,766 in 3 years at simple interest at R% two parts A and B such that the simple
1 interest at the rate of 15% per annum on Q60. In how many years shall Rs 3,500
annum and to Rs. 10,849 in 4 years at
2 A and B after two years and four years invested at the rate of 10% simple
the same rate of simple interest. The respectively, is equal. The total interest interest per annum, amount to Rs 4,500?
value of R is: (in Rs.) received together from A and B SSC CHSL 12-10-2020 (Morning shift)
SSC CHSL 11/8/2021 (Afternoon) is: 5 6
(a) 8% (b) 9% (a) 2 years (b)2 years
SSC CPO 2020 24-11-2020 (Evening shift) 7 7
(c) 9.5% (d) 8.5% (a) 5,400 (b) 9,600 4 3
(c) 2 years (d)2 years
(c) 18,000 (d) 10,800 7 7
Q.49. In how much time will a sum of
Rs. 5,000 invested at the rate of 15% Q55. A person invested Rs. 12,000 on Q61. In how many years will the simple
simple interest amount to Rs. 6,500? simple interest for 7 years to obtain a interest on a sum of money be equal to
SSC CHSL 11/8/2021 (Evening) total amount of Rs. 20,400 on a certain 2
(a) 2.5 years (b) 1 year the principle at rate of 12% p.a.?
annual rate of interest. What was the rate 4
(c) 1.5 years (d) 2 years of interest to obtain the above amount? SSC CHSL 12-10-2020 (Afternoon shift)
SSC CPO 2020 25-11-2020 (Morning shift) (a) 7 years (b) 5 years
Q.50. A man invested Rs. 2,400 at 5% (a) 8% (b) 7% (c) 8 years (d) 6 years
and Rs.5,400 at 9% simple interest. (c) 9% (d) 10%
What amount (in Rs.) will he get from Q62. A person deposits Rs8,000 in a
his investments after 6 years? SSC CGL 2020 TIER-II bank which pays 8% p.a. simple interest.
SSC CHSL 12/8/2021 (Afternoon) The amount after 8 years will be:
(a) 45,600 (b) 31,200 Q56. A certain sum is lent at 4% p.a for SSC CHSL 12-10-2020 ( Evening shift)
(c) 83,136 (d) 11,436 3 years, 8% p.a for next 4 years and 12 (a) Rs 12,600 (b) Rs 10,784
% p.a beyond 7 years. If for a period of (c) Rs 13,120 (d) Rs 12,545
SSC CPO 2020 11 years the simple interest obtained is
₹27,600, then the sum is (in ₹ ): Q63. Find a simple interest of ₹74,000 at
Q51. Sunita invested Rs. 12,000 on SSC CGL Tier-II (15-11-2020 ) 18 ⅔ % per annum for a period of 8
simple interest at the rate of 10% per (a) 27,000 (b) 25,000 months?
annum to obtain a total amount of (c) 30,000 (d) 32,000 SSC CHSL 14-10-2020 ( Evening shift)
Rs.20,400 after a certain period. For how (a) ₹ 9,486.32 (b) ₹ 8,956.74
many years did she invest to obtain the Q57. The rate of interest for the first 2 (c) ₹ 8,458.96 (d) ₹ 9,208.88
above amount years is 6% p.a, for next 3 years is 10%
SSC CPO 2020 23-11-2020 (Morning shift) p.a, and for the period beyond 5 years is Q64. In how many years and months
(a) 6 (b) 7 (c) 9 (d) 8 12% p.a, If a person gets ₹12,771 as will a sum of Rs24 become Rs56 at 16%
simple interest after 7 years, then how simple interest per annum?
Q52. If the annual rate of simple interest money did he invest ? SSC CHSL 15-10-2020 (Afternoon shift)
1 SSC CGL Tier-II (16-11-2020 ) (a) 7 years 8 months
increases from 11% to 17 % , a
2 (a) ₹19,450 (b) ₹19,350 (b) 8 years 4 months
person’s yearly income increases by (c)₹19,300 (d)₹20,000 (c) 6 years 11 months
1,071.20. The principal amount invested (d) 6 years 5 months
(in Rs) is : Q58. At what rate of interest will a sum
SSC CPO 2020 23-11-2020 (Evening shift) Q65. In how many years will a sum of
of ₹4,500 amount to ₹6,525 at simple
(a) 17,250 (b) 19,120 Rs5,000 yield a simple interest of
interest for 5 years?
(c) 10,710 (d) 16,480 SSC CGL Tier-II (18-11-2020 ) Rs2,000 at an interest rate of 10% p.a.?
(a) 8% (b) 12% SSC CHSL 15-10-2020 ( Evening shift)
Q53. If the annual rate of simple interest (c) 10% (d) 9% (a) 5 years (b) 3 years
1 (c) 4 years (d) 6 years
increases from 11% to 17 %, then a
2
Q59. In how much time will the simple
person’s yearly income increases by 6 Q66. At which rate of simple interest
interest on a certain sum of money be
1071.20. The simple interest (in Rs.) on 5
does an amount become double in 12
the sum at 10 % for 5 years is; times of the sum at 20% per annum?
years?
SSC CPO 2020 24-11-2020 (Morning shift) SSC CGL Tier-II (18-11-2020 )
SSC CHSL 16-10-2020 ( Evening shift)
(a) 16,480 (b) 9,120 (a) 5 Years (b) 8 Years

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Pinnacle Day: 74th - 75th Simple Interest

4 Q.73. The difference of simple interest amount. Find the rate of simple interest
(a) 7 % (b) 8%
5 on a sum of money for 8 years and 10 per annum.
1 1 years is Rs.200. If the rate of interest is SSC CHSL 19-03-2020 ( Evening shift)
(c) 8 % (d) 7 %
3 2 10% per annum then what is the sum of (a) 3% p.a. (b) 2% p.a.
money? (c) 3.5% p.a. (d)2.5% p.a.
Q67. A person borrowed Rs.1,200 at 8% SSC CHSL 17-03-2020 (Morning shift)
p.a. andRs1,800 at 10% p.a. as simple (a) 1000 (b) 1400 SSC CGL 2020 TIER I
interest for the same period. He had to (c) 1600 (d) 1200
pay Rs1,380 in all as interest. Find the Q80. ₹4,300 becomes ₹4,644 in 2 years
time period. Q74. Latha deposited an amount of at simple interest. Find the principle
SSC CHSL 19-10-2020 (Morning shift) Rs35,000 in a bank with simple interest amount that will become ₹10,104 in 5
(a) 4 years (b) 10 years 11% per annum. How much interest will years at the same rate of interest.
(c) 6 years (d) 5 years she earn after one year? SSC CGL 3 March 2020 (Morning)
SSC CHSL 17-03-2020 (Afternoon shift) (a) ₹ 5,710 (b) ₹ 7,200
Q68. The sum of simple interest on a (a) Rs 3,370 (b) Rs 3,500 (c) ₹ 8,420 (d) ₹ 9,260
principal at 8% p.a. for 4 years and 8 (c) Rs 3,850 (d) Rs 3,220
years is Rs960. The principal is: Q81. The compound interest on a certain
SSC CHSL 19-10-2020 (Afternoon shift) Q75. A man has Rs 10,000. He lent a 2
(a) Rs 1000 (b) Rs 900 part of it at 15% simple interest and the
sum at 16
3
%p.a. for 3 years is ₹6,350.
(c) Rs 1100 (d) Rs 800 remaining at 10% simple interest. The What will be the simple interest on the
Q69. A man took a loan from a bank at total interest he received after 5 years 2
the rate of 11% p.a. simple interest. same sum at the same rate for 5 years?
amounted to Rs 6,500. The difference 3
After three years, he had to pay Rs 9,570 between the parts of the amounts he lent SSC CGL 5 March 2020 (Morning)
interest only for the period. The is: (a) ₹7,620 (b) ₹9,600
principle amount borrowed by him was: SSC CHSL 18-03-2020 (Morning shift) (c) ₹11,400 (d) ₹10,200
SSC CHSL 19-10-2020 ( Evening shift) (a) Rs 2,000 (b) Rs 2,500
(a) Rs 27,685 (b) Rs 26,545 (c) Rs 1,500 (d) Rs 1,750 Q82. If in 13 years a fixed sum doubles
(c) Rs 25,000 (d) Rs 29,000 at simple interest, what will be the
Q76. If the present amount is Rs 87,750 interest rate per year? (correct to one
Q.70. A sum of money amounts to with 8% rate of interest in four years, decimal places)
Rs.7500 in 5 years, and to 8,500 in 7 then what was the principal amount? SSC CGL 7 March 2020 (Afternoon)
years at simple interest at the same rate SSC CHSL 18-03-2020 (Afternoon shift) (a) 8.69% (b) 7.69%
of interest. The rate of interest per (a) Rs.78,456.34 (b) Rs.66,477.2 (c) 7.29% (d) 7.92%
annum is: (c) Rs.56,896.98 (d) Rs.69,345.6
SSC CHSL 21-10-2020 (Morning shift) Q83. When two equal amounts are
(a) 12% (b) 9% Q77. A person borrows Rs7,000 for 3 deposited for 5 years and 3 years at the
(c) 8% (d) 10% years at 5% p.a. simple interest. He rate of 7% and 9% per annum,
immediately lends it to another person at respectively, the difference of their
Q.71. A sum at simple interest becomes 1 simple interest is ₹475. Then find the
6 % p.a for 3 years. Find his gain in
two times in 8 years at a certain rate of 3 deposited amount.
interest p.a. The time in which the same the transaction per year. SSC CGL 7 March 2020 (Evening)
sum will be 4 times at the same rate of SSC CHSL 17-03-2020 ( Evening shift) (a) ₹5,837.5 (b) ₹5,937.5
interest at simple interest is: (a) Rs.90 (b) Rs.93.33 (c) ₹5,992.5 (d) ₹6,037.5
SSC CHSL 21-10-2020 (Afternoon shift) (c) Rs.92 (d) Rs.95.33
(a) 30 years (b) 25 years SSC CPO 2019
(c) 24 years (d) 20 years Q.78. In a certain time, a sum of money
becomes five times itself if the rate of Q.84 A person invested a sum of Rs.
Q.72. If the total simple interest on a the interest is 16% p.a. Then the certain 10500 at x% per annum at simple
sum of Rs.1400 for 4 years at rate of time (in years) is: interest and a sum of Rs. 13500 at
interest x% p.a. and on the same sum for SSC CHSL 19-03-2020 (Morning shift ) (x+2)% p.a. simple interest. If the total
two years at the same rate, is Rs.672, (a) 32 (b) 38 (c) 25 (d) 30 interest earned on both the investments
then the value of x is: after 3 years is Rs. 7650, then what is the
SSC CHSL 21-10-2020 ( Evening shift) Q.79. Suresh lent out a sum of money to rate of interest for the first investment?
(a) 9% (b) 8% Rakesh for 5 years at simple interest. At SSC CPO 2019 11-12-19(Evening)
(c) 6% (d) 10% the end of 5 years, Rakesh paid 9/8 of (a) 8% (b) 8.5%
the sum to Suresh to clear out the (c) 9% (d) 9.5%

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Pinnacle Day: 74th - 75th Simple Interest

amount of Rs. 768 at 2.5% p.a simple

Q85. A certain sum is invested at simple Q91. A sum of money becomes double interest ?
interest at x% p.a. for 5 years. Had it of itself in 50 months when invested on SSC MTS 16 August 2019 (Afternoon)
been invested at (x+5)% p.a., the simple simple interest. What is the rate of (a) 10 years (b) 8 years
interest would have been Rs 9200 more interest per annum? (c) 9 years (d) 11 years
than the earlier one. What is the sum? SSC MTS 7 August 2019 (Evening)
SSC CPO 2019 12/12/2019(Morning) (a) 26% (b) 25% Q98. The simple interest on a sum for
(a) 36,800 (b) 36,400 (c) 20% (d) 24% the five years at 7% p.a is Rs. 700. What
(c) 35,800 (d) 40,000 is the principal ?
Q92. A sum of Rs 2000 is invested on SSC MTS 16 August 2019 (Evening)
Q.86 A certain sum of money amounts simple interest for three years at the rate (a) Rs 1800 (b) 1600
to Rs. 8928 in two years and to Rs. of 10% per annum, then the amount will (c) 2000 (d)2100
10224 in 3.5 years, both at simple be:
interest. The rate of interest per annum is SSC MTS 8 August 2019 (Morning) Q99. A sum becomes Rs 500 in 5 years
: (a) Rs2900 (b) Rs2600 and Rs600 in 7 years at a certain rate
SSC CPO 2019 12/12/2019(Evening) (c) Rs2300 (d) Rs2500 percent p.a. act of simple interest. What
(a)12 % (b)10 % is the sum?
(c)9 % (d) 15 % Q93. Ramesh borrowed Rs. 12000 at SSC MTS 19 August 2019 (Morning)
13% p.a simple interest. What amount (a) Rs300 (b) Rs400
Q.87 Two equal sums (in Rs.) are lent at will he pay in 5 years to clear this loan ? (c) Rs200 (d) Rs250
8% and 4% simple interest p.a SSC MTS 9 August 2019 (Evening)
respectively at the same time. The first (a) Rs18800 (b) Rs20000 Q100. A sum is invested on simple
sum is received 2 years earlier than the (c) Rs19800 (d) Rs18600 interest. If the rate of interest is 20% p.a,
other and the amount received in each then in what time the sum will be
case is Rs, 14500. Each sum is: Q94. A sum of Rs50,000 is lent partly at doubled ?
SSC CPO 2019 13/12/2019(Morning) 4% and remaining at 5% per annum. If SSC MTS 19 August 2019 (Afternoon)
(a)12800 (b) 12500 the yearly simple interest on the average (a) 10 years (b) 8 years
(c)13200 (d) 12000 is 4.6%, the two parts are: (c) 4 years (d)5 years
SSC MTS 13 August 2019 (Evening)
Q88. Two equal sums are lent at 10% (a) Rs22500, Rs27500 Q101. A certain sum amounts to Rs
and 8% p.a on simple interest for ‘t’ (b) Rs15000, Rs35000 1
12096 at 8% p.a. in 5 years at simple
years and (t+2) years respectively. (c) Rs20000, Rs30000 2
Amount received in each case is (d) Rs25000, Rs25000 interest. What will be the simple interest
Rs36,900. Each sum is ______ . on the same sum at 10% p.a. in 8 years?
SSC CPO 2019 13/12/2019(Evening) Q95. X took a loan of Rs5000 on simple SSC MTS 19 August 2019 (Evening)
(a) 21,500 (b) 20,500 interest, the rate of interest being the (a) Rs6760 (b) Rs6810
(c) 20,200 (d) 18,100 same as the number of years for which (c) Rs6680 (d) Rs6720
the loan was taken. If the interest paid
SSC MTS 2019 was Rs1800, then what was the rate of Q102. A person borrowed a sum at 8%
interest? p.a simple interest and in 8 years, the
Q89. The simple interest for 9 years on a SSC MTS 14 August 2019 (Afternoon) interest earned was Rs. 5,490 less than
3 (a) 6.5% (b) 6% the amount of loan. This amount was :
principal is of the principal. What is (c) 5% (d) 5.5% SSC MTS 20 August 2019 (Morning)
5
(a) 15,500 (b) Rs 15,250
the rate of interest per annum?
SSC MTS 2 August 2019 (Evening) Q96. At the rate of 8% the amount (c) 14280 (d) Rs 15600
(a) 6% (b) 4% invested earns a simple interest of Rs240
2 2 after 3 years. If the rate of interest been Q103. A certain sum is lent at x% p.a
(c) 6 % (d) 5 % 5% more, then how much more interest 𝑋
3 3 simple interest for years. The simple
would it have earned? 3
Q90. The simple interest on a certain SSC MTS 14 August 2019 (Evening) interest of this sum is equal to one-third
sum for two years is Rs1000 at the rate (a) Rs105 (b) Rs180 of this sum. What is the value of x ?
(c) Rs150 (d) Rs135 SSC MTS 20 August 2019 (Afternoon)
of 10% per annum. What is the amount
(a) 12 (b) 10 (c) 9 (d) 6
after these two years?
SSC MTS 7 August 2019 (Afternoon) Q97. What time will it take for a
(a) Rs6500 (b) Rs6000 principal of Rs. 640 to become an
(c) Rs7000 (d) Rs5500

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Pinnacle Day: 74th - 75th Simple Interest

Q104. What is the amount that will Q110. At the end of 3 years, the simple SSC CHSL 2018 10 July 2019 (Evening)
become Rs. 1440 at 5% simple interest interest on any amount of 2800 is 420. (a)Rs 3300 (b)Rs 3200
in 4 years? What will be the simple interest on 3200 (c)Rs 3310 (d)Rs 3305
SSC MTS 21 August 2019 (Afternoon) for the same rate and same period?
(a) Rs 1180 (b) Rs 1080 SSC MTS 13 August 2019 (Morning) SSC CPO 2019
(c) Rs 1200 (d) Rs 1240 (a) 480 (b) 560
(c) 440 (d) 640 Q116. A sum of Rs. 15,000 is invested
Q105. What is the simple interest on partly at 12% per annum and the
18 Q111. Pankaj invests an amount after remaining at 10% per annum simple
Rs35000 at % per annum for a period
7 dividing in three different schemes A, B interest. If the total interest at the end of
of 9 months? and C giving the interest at the rate of 2 years is Rs. 3,344 how much money
SSC MTS 22 August 2019 (Morning) 10%, 12% and 15% respectively and the was invested at 10% per annum?
(a) Rs675 (b) Rs600 accumulated interest for one year is Rs. SSC CPO 12 March 2019 (Morning)
(c) Rs875 (d) Rs700 3200. The amounts invested in A, B and (a) 6,200 (b) 6,600
C are in the ratio of 8 : 5 : 12. What (c) 6,400 (d) 6,500
Q106. A sum of Rs9000 amounts to amount did he invest in scheme B ?
Rs13356 at a certain rate percent per SSC MTS 20 August 2019 (Evening) Q117. A sum of Rs 15,600 is invested
2 (a) 5500 (b) 4500 partly at 7% per annum and the
annum in 4 years at simple interest.
5 (c)5000 (d) 4000 remaining at 9% per annum simple
What will be the simple interest on the interest. If the total interest at the end of
1 Q112. In how many years will a money 3 years is Rs 3,738. How much money
same sum at double the rate for 2
3 become triple of itself at the rate of 10% was invested at 7% per annum?
years? per annum simple interest? SSC CPO 13 March 2019 (Morning)
SSC MTS 22 August 2019 (Afternoon) SSC MTS 21 August 2019 (Morning) (a)7,800 (b)7,900
(a) 4640 (b) 4760 (a) 25 (b) 20 (c) 15 (d) 8 (c) 7.600 (d)7,700
(c) 4260 (d)4620
Q113. A person deposits Rs 500 for 2 Q118. A borrowed a loan from B at 8%
Q107. If the simple interest on a sum of years, Rs 600 for 5 years and Rs 1000 simple interest for 2 years and repaid the
Rs x at 6% p.a. for two years is double for 6 years at the same rate of simple loan with interest totaling Rs 1,91,864.
the simple interest on another sum of Rs interest. If he earns a simple interest of The amount of loan taken by A is:
y at 9% per annum for three years, then Rs. 1000, then what is the rate of interest SSC CPO 14 March 2019 (Morning)
which of the following is true? per year? (a)1,68,920 (b) 1,66,540
SSC MTS 22 August 2019 (Evening) SSC MTS 2 August 2019 (Afternoon) (c) 1,64,492 (d) 1,65,400
(a) x = 2y (b) x = 4.5y (a) 15% (b) 5%
(c) 3x = 7y (d) 2x = 5y (c) 10% (d) 20% Q119. A sum at a simple interest of 8%
7
Q108. At a fixed simple interest rate, the p.a. Becomes of itself in how many
SSC CHSL 2019 5
amount of Rs 500 becomes Rs 600 in 2 years?
years. If the rate of interest is halved, Q114.A borrows a sum of Rs 2000 from SSC CPO 16 March 2019 (Afternoon)
then what will be the amount of Rs 500 his friend B on 31 December 2007 on the 1 1
(a) 5 (b) 2 (c) 3 (d) 2
in 2 years. condition that he will return the same 2 2
SSC MTS 5 August 2019 (Afternoon)
after one year with simple interest at 8%.
(a) Rs 500 (b) Rs 520 Q120. A sum of rs 10,200 is invested
However, A gets into a position of
(c) Rs 560 (d) Rs 550 partly at 8% per annum and remaining at
returning the money on 1 July 2008.
How much amount he has to return to B? 6% per annum for 3 years at simple
Q109. A person deposits Rs. 500 for 2 SSC CHSL 2018 10 July 2019 (Afternoon) interest. If the total interest is rs 2,124,
years, Rs. 600 for 5 years and Rs. 1000 (a)Rs 2200 (b)Rs 2080 how much money was invested at 6%
for 6 years at the same rate of simple (c)Rs 2088 (d)Rs 2,070 per annum?
interest if he receives a simple interest of SSC CPO 13 March 2019 (Evening)
Rs. 1000, then the rate of interest per Q115. A borrows a sum of Rs 3000 from (a)4900 (b)5200
year is ? his friend B on 31 December 2011 on the (c)4800 (d)5400
SSC MTS 5 August 2019 (Afternoon)
condition that he will return the same
(a) 15% (b) 5% Q121. 2,64,000 is invested for 3 years on
after one year with simple interest at
(c) 10% (d) 20% an annual rate of interest of 8.25%. What
15%. However, A gets into a position of
returning the money on 31 August 2012. will be the amount of interest?
How much amount he has to return to B? SSC CPO 14 March 2019 (Evening)

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Pinnacle Day: 74th - 75th Simple Interest

(a) 65,340 (b) 21,780

(c) 87,120 (d) 43,560

Q122. In what time will a sum double

itself at 8% p.a. Simple interest.
SSC CPO 16 March 2019 (Morning)
(a) 8 years (b) 12.5 years
(c) 6 years (d) 5 years

Answers

1.(c) 2.(a) 3.(d) 4.(c) 5.(a) 6.(d)

7.(d) 8.(b) 9.(b) 10.(d) 11.(d) 12.(b)

13.(a) 14.(b) 15.(b) 16.(b) 17.(b) 18.(b)

19.(b) 20.(b) 21.(d) 22.(d) 23.(c) 24.(d)

25.(a) 26.(c) 27.(c) 28.(b) 29.(b) 30.(d)

31.(a) 32.(a) 33.(d) 34.(b) 35.(d) 36.(b)

37.(b) 38.(a) 39.(b) 40.(d) 41.(a) 42.(c)

43.(a) 44.(c) 45.(a) 46.(b) 47.(c) 48.(c)

49.(d) 50.(d) 51.(b) 52.(d) 53.(c) 54.(d)

55.(d) 56.(c) 57.(b) 58.(d) 59.(c) 60.(b)

61.(c) 62.(c) 63.(d) 64.(b) 65.(c) 66.(c)

67.(d) 68.(a) 69.(d) 70.(d) 71.(c) 72.(b)

73.(a) 74.(a) 75.(a) 76.(b) 77.(b) 78.(c)

79.(d) 80.(c) 81.(d) 82.(b) 83.(b) 84.(d)

85.(a) 86.(a) 87.(b) 88.(b) 89.(c) 90.(b)

91.(d) 92.(b) 93.(c) 94.(c) 95.(b) 96.(c)

97.(b) 98.(c) 99.(d) 100.(d) 101.(d) 102.(b)

103.(b) 104.(c) 105.(a) 106.(d) 107.(b) 108.(d)

109.(c) 110.(a) 111.(c) 112.(b) 113.(c) 114.(b)

115.(a) 116.(c) 117.(b) 118.(d) 119.(a) 120.(d)

121.(a) 122.(b)

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