model 4 difference in ci & si Practice Questions Answers Test with Solutions & More Shortcuts

Question : 6 [SSC CGL Tier-1 2011]

The difference between the compound interest and simple interest on 10,000 for 2 years is 25. The rate of interest per annum is

a) 12%

b) 5%

c) 10%

d) 7%

Question : 7 [SSC CGL Prelim 2004]

The difference between simple and compound interests on a sum of money at 4% per annum for 2 years is 8. The sum is

a) 5,000

b) 400

c) 4,000

d) 800

Question : 8 [SSC CGL Prelim 2000]

If the difference between the compound interest, compounded every six months, and the simple interest on a certain sum of money at the rate of 12% per annum for one year is 36, the sum is :

a) 9,000

b) 10,000

c) 15,000

d) 12,000

Question : 9 [SSC CGL Tier-I 2014]

The difference between the compound interest and simple interest on a certain sum for 2 years at 10% per annum is 300. Find the sum.

a) 30,500

b) 31,000

c) 30,000

d) 31,500

Question : 10 [SSC CGL Prelim 2008]

The difference between compound and simple interest on a certain sum for 3 years at 5% per annum is Rs. 122. The sum is

a) 10,000

b) 16,000

c) 12,000

d) 15,000