Simple Interest Pdf Model Questions & Answers, Practice Test for ssc mts tier 1 2024
ssc mts tier 1 2024 SYLLABUS WISE SUBJECTS MCQs
Number System
Lcm & Hcf
Power, Indices And Surds
Ratio & Proportion
Percentage
Time & Work
Time & Distance
Mensuration
Average
Profit & Loss
Simple Interest
Mr. Bajaj invested $1/7$ of his total investment at 4% and $1/2$ at 5% and rest at 6% for the one year and received total interest of Rs. 730. What is the total sum invested?
Answer:(b)
Let the principal be x, then
$(x/7 × 4 + x/2 × 5 + {5x}/14 × 6)/100 = 730$
⇒ x = 14000
Alternatively : Go through suitable options. Choose any middlemost option so that if the choosen option is not correct, then you can determine that whether you have to increase or decrease the value of the choices given.
Vishwas borrowed a total amount of Rs. 30,000 part of it on simple interest, rate of 12 p.c.p.a. and remaining on simple interest rate of 10 p.c.p.a. If at the end of 2 years he paid in all Rs. 36.480 to settle the loan amount, what was the amount borrowed at 12 p.c.p.a.?
Answer: (d)
A sum of Rs. 16800 is divided into two parts. One part is lent at the simple interest of 6% per annum and the other at 8% per annum. After 2 years total sum received is Rs. 19000. The sum lent at 6% of simple interest is
Answer: (c)
Mohan borrowed Rs.18,000 at 10% p.a. simple interest and then lend it to Sohan at 10% C.I. After 3 years he will earn a profit of
Answer: (c)
SI = ${18000 × 10 × 3}/100$ = 5400
Amt = 18000$(1 + 10/100)^3$ = 23958
CI = 23958 – 18000 = 5958
Profit = 5958 – 5400 = 558
S.I. accured on an amount in 8 years at the rate of 12 p.c.p.a is Rs.5520. What is the principal ?
Answer: (c)
Principal = ${SI × 100}/{R × T} = {5520 × 100}/{12 × 8} = 5750$
ssc mts tier 1 2024 IMPORTANT QUESTION AND ANSWERS

Number System Aptitude Questions For SSC MTS 2024 Paper 1 »

LCM & HCF Aptitude Question Test For SSC MTS 2024 Paper 1 »

Power, Indices & Surds Questions For SSC MTS 2024 Paper 1 »

Ratio and Proportion Questions Answers Test: SSC MTS 2024 »

Percentage Aptitude Question PDF For SSC MTS 2024 Paper 1 »

Time And Work Aptitude Questions For SSC MTS 2024 Paper 1 »

New Time And Distance Aptitude Questions For SSC MTS 2024 »

150+ Mensuration Aptitude Questions Test For SSC MTS 2024 »

Top Average Aptitude MCQ Practice Exercises PDF for SSC »

Top Profit Loss Aptitude Practice Exercises, PDF for SSC »

Simple Interest Practice Exercise, Solutions Pdf for SSC »
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