Simple Interest Mcq Pdf Model Questions & Answers, Practice Test for ssc chsl tier 1 2024
ssc chsl tier 1 2024 SYLLABUS WISE SUBJECTS MCQs
Number System
Simplification
Power, Indices And Surds
Time & Work
Time & Distance
Mensuration
Profit & Loss
Alligation & Mixtures
Simple Interest
Probability
Permutations & Combination
What is C.I. accrued on an amount of Rs.45,000 in two years at the rate of 9 p.c.p.a?
Answer: (a)
Amt = 45000$(1 + 9/100)^2$ = 53464.5
CI = 53464.5 – 45000 = 8464.5
Two friends A and B jointly lent out Rs. 81,600 at 4% per annum compound interest. After 2 years A gets the same amount as B gets after 3 years. The investment made by B was
Answer:(c)
Let A lent Rs. x and B lent Rs. y
Since, A and B together lent out Rs. 81600
∴ x + y = 81,600
Now, given (r) Rate = 4%
∴ 1 + r = 1 + $4/100 = 26/25$
According to the question, we have
$x/y = (26/25)^{3 – 2} = 26/25$
∴ Investment made by B = 81600 × $25/51$ = 40,000
What will be the ratio of simple interest earned by certain amount at the same rate of interest for 6 years and that for 9 years?
Answer:(a)
Let the principal be P and rate of interest be R%.
∴ Required ratio = $[({P × R × 6}/100)/({P × R × 9}/100)] = {6PR}/{9PR} = 6/9 = 2 : 3$
How much will a sum of Rs. 12,000 deposited at a rate of 9% per annum (simple interest) for 13 years amount to?
Answer:(e)
S.I. = ${12000 × 9 × 13}/100$
= Rs. 14040
∴ Amount = 12000 + 14040
= Rs. 26040
A person invested some amount at the rate of 12% simple interest and a certain amount at the rate of 10% simple interest. He received yearly interest of Rs. 130. But if he had interchanged the amounts invested, he would have received Rs. 4 more as interest. How much did he invest at 12% simple interest ?
Answer:(b)
Let amount invested at 12% be x and amount invested at 10% be y.
According to question
130 = ${x × 12 × 1}/100 + {y × 10 × 1}/100$
⇒ 13000 = 12x + 10 y …(1)
And 134 = ${x × 10 × 1}/100 + {y × 12 × 1}/100$
⇒ 13400 = 10x + 12y ... (2)
From equations (1) and (2)
x = 500
ssc chsl tier 1 2024 IMPORTANT QUESTION AND ANSWERS

Number System Aptitude MCQ Test For SSC CHSL [2024] Tier 1 »

Simplification Aptitude MCQ Test For SSC CHSL 2024 Tier 1 »

Surds & Indices Aptitude Questions: SSC CHSL 2024 Tier 1 »

Time & Work Aptitude Questions Test: SSC CHSL 2024 Tier 1 »

Time & Distance Aptitude Questions Test For SSC CHSL 2024 »

Mensuration Aptitude Questions Test: SSC CHSL 2024 Tier 1 »

100+ Profit and Loss Questions with Solutions PDF SSC »

55+ Mixture and Alligation Questions Answers PDF SSC »

100+ Simple Interest Model Questions with Solutions, PDF »

Top 100+ Probability MCQ Questions and Answers PDF: SSC »

Top Permutation and Combination Practice Questions PDF »
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