SIMPLE & COMPOUND INTEREST

i n 2 years at simple interest the principal increases by 16%, what will be the compound
r e s t earned (in Rs) on Rs 25,000 in 2 years at the same rate? (SsC CGL Tier l z016)

(a) 4000 (b) 4160 (c) 2000 (d) 4160

De e
t h e compound interest received on a certain amount in 2 years is Rs 250. Whatwill
COmpound interest (in Rs) for the 3rd year on the same amount at 12% rate of interest?

(a) 250 (b) 300 (c) 280 (d) 270 (SSC CGL Tier II 2018)

) What is the difference (in Rs) between the compound interests on Rs 12,500 for 1 year at
8% per annum compounded yearly and half-yearly? (SSC CGL Tier II 2018)

(a)16(b)25(c)20(d)40
(4) The amount received at 8% per annum compound interest after 2 yrs is Rs 72,900. What
was the principal (in (SSC CGL Tier lI 2018)
Rs)?
(a) 65000 (b) 67500 (c) 60000 (d) 62500

(5) If in 3 years at simple interest the principal increases by 15%. What will be the approximate
compound interest earned (in Rs lakhs) on Rs 15 lakhs in 3 years at the same rate?

(a) 7.81 (b) 2.87 (c) 2.36 (d) 3.38 (SSC CGL Tier II 2018)

(6) Ifthe amount received at the end of 2nd and r3rd year at compound interest on a certain
principal is Rs 9,600 and Rs 10,272 respectively, what is the rate of interest (in%)?

7 (b) 8 (c) 6 (d) 5 (SSC CGL Tier ll 2018)

(a)
(7) A invested an amount of x rupees in a bank for 2 year which gave 5% interest in 1st year
and 6% in 2nd year. The amount received after 2 years is Rs. 24,486. What is the value of x?

23000 (b) 22500 (c) 22000 (d) 21500 (SSC CGL Tier II 2018)
(a)
(8)What is difference (in Rs) in compound interest earned in 1 year on a sum of Rs.10,000 at
40% per annum compounded quarterly and annually? (SSC CGL Tier lI 2018)

461 (b) 346 (c) 463 (d) 641

(a)
12,100, is Rs. what will be the
(9)If compound interest received on a certain amount in 3 years
of interest is 9%?
compound interest (in Rs) for the 4th year on the same amount if rate
15669 (c) 16189 (d) 14376 (SSC CGL Tier lI 2018)
(a) 17080 (b)
(10) The amount received at
10% per annum compound interest after 3 yrs is Rs 10,648. What
was the principal (in Rs)? (SSC CGL Tier 1l 2018)

8000 (b) 9000 (c) 8500 (d) 7500

(a)
(11) In how many years will Rs 25,000 yield
Rs 8,275 as compound interest at 10% per annum

(a) 2 (6) 4 (c) 3 (d) 5 (SSC CGL Tier II 2018)

compounded annually?