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InterviewSolution
This section includes InterviewSolutions, each offering curated multiple-choice questions to sharpen your knowledge and support exam preparation. Choose a topic below to get started.
| 1. |
A sum of money amounts to Rs.850 in 3 years and to Rs. 925 in 4 years at some rate of simple interest.The sum is :1). Rs.5502). Rs.6003). Rs.6254). Rs.700 |
| Answer» | |
| 2. |
A sum of money at simple intereat amounts to Rs.1,012 in $2\frac{1}{2}$ years and to Rs.1,067.20 in 4 years. The rate of interest per annum is :1). 2.5 %2). 3%3). 4%4). 5% |
| Answer» 3% is the BEST SUITED | |
| 3. |
If a sum of money at simple interest double in 12 years, the rate of interest per annum is1). $16\frac{2}{3}$%2). 7.5%3). $8\frac{1}{3}$%4). 10% |
| Answer» RIGHT ANSWER for this QUESTION is 7.5% | |
| 4. |
A sum amounts to double in 8 years by simple interest. Then the rate of simple interest per annum is1). 10 %2). 12.5 %3). 15 %4). 20 % |
| Answer» | |
| 5. |
Equal sum of money are lent to X and Y at 7.5% per annum for a period of 4 years and 5 years respectively. If the difference in interest, paid by them was Rs.150. the sum lent to each was1). Rs.5002). Rs.10003). Rs.20004). RS.3000 |
| Answer» | |
| 6. |
Mohan lent some amount of money at 9% simple interest and an equal amount of money at 10% simple interest each for two years. If his total interest was Rs.760. what amount was lent in each case 1). Rs.17002). Rs.18003). Rs.19004). Rs.2000 |
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Answer» it from PREVIOUS YEAR ssc PAPERS, Rs.2000 is the right ANSWER |
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| 7. |
A sum of money becomes $\frac{7}{6}$ of itself in 3 years at a certain rate of simple interest. The rate per annum is :1). $5\frac{5}{9}$%2). $6\frac{5}{9}$%3). 18%4). 25% |
| Answer» | |
| 8. |
The simple interest on a sum of money is $\frac{8}{25}$of the sum. If the number of years is numerically half the rate percent per annum, then the rate percent per annum is1). 52). 83). $6\frac{1}{4}$4). 4 |
| Answer» HELLO, 8 is CORRECT | |
| 9. |
At what rate per cent per annum will the simple interest on a sum of money be $\frac{2}{5}$ of the amount in 10 years1). 4%2). 6%3). $5\frac{2}{3}$%4). $6\frac{2}{3}$% |
| Answer» | |
| 10. |
If a sum of money amounts to Rs.12,900 and Rs.14,250 at the end of 4th year and 5th year respectively at a certain rate of simple interest, then the rate of interest is1). 10%2). 12%3). 18%4). 20% |
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Answer» it from PREVIOUS year SSC papers, OPTION 3 is the right answer |
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| 11. |
A sum of Rs.400 amounts to Rs.480 in 4 years. What will it amount to if the rate of interest is increased by 2%1). Rs.4842). Rs.5603). Rs.5124). None of these |
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Answer» This question was ASKED some where in previous year papers of SSC, and correct ANSWER was OPTION 3 |
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| 12. |
The amount Rs.2,100 became Rs.2,352 In 2 years at simple interest. If the interest rate is decreased by 1%. what is the new interest 1). Rs.2102). Rs.2203). Rs.2424). Rs.252 |
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Answer» This question was ASKED some where in PREVIOUS YEAR papers of ssc, and CORRECT answer was OPTION 1 |
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| 13. |
The simple interest on Rs.7,300 from 11 May,1987 to 10 September,1987 (both days included) at 5% per annum is1). Rs.1232). Rs.1033). Rs.2004). Rs.223 |
| Answer» OPTION 1 is the RIGHT ANSWER | |
| 14. |
Out of Rs.50,000 , that a man has, he lends Rs.8000 at$5\frac{1}{2}$% per annum simple interest and Rs.24,000 at 6 % per annum simple interest. He lends the remaining money at a certain rate of interest so that he gets total annual interest of Rs.3680. The rate of interest per annum, at which the remaining money is lent, is1). 5%2). 7%3). 10%4). 12% |
| Answer» | |
| 15. |
What sum of money will amount to Rs.520 in 5 years and to Rs.568 in 7 years at simple interest 1). Rs.4002). Rs.1203). Rs.5104). Rs.220 |
| Answer» OPTION 1 is the RIGHT ONE | |
| 16. |
The difference between the simple interest received from two different banks on Rs.500 for 2 years is Rs.2.50. The difference between their (per annum) rate of interest is :1). 0.10%2). 0.25%3). 0.50%4). 1.00% |
| Answer» | |
| 17. |
A certain sum of money becomes three times of itself in 20 years at simple interest. In how many years does it become double of itself at the same rate of simple interest 1). 8 years2). 10 years3). 12 years4). 14 years |
| Answer» | |
| 18. |
The simple interest on a sum after 4 years is $\frac{1}{5}$ of the sum. The rate of interest per annum is1). 4%2). 5%3). 6%4). 8% |
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Answer» it from PREVIOUS YEAR ssc PAPERS, option 2 is the RIGHT answer |
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| 19. |
If the simple interest for 6 years be equal to 30% of the principal, it will be equal to the principal after1). 20 years2). 30 years3). 10 years4). 22 years |
| Answer» RIGHT ANSWER for this QUESTION is 20 YEARS | |
| 20. |
The sum of money,that will give Rs.1 as interest per day at the rate of 5% per annum simple interest is1). Rs.36502). Rs.365003). Rs.7304). Rs.7300 |
| Answer» | |
| 21. |
A sum of Rs.2,400 amounts to Rs.3,26i In 4 years at a certain rate of simple interest. If the rate of interest is increased by 1%,the same sum in the same time would amount to1). Rs.3,2882). Rs.3,3123). Rs.3,3404). Rs.3,360 |
| Answer» | |
| 22. |
A person borrows some money for 5 years and loan amount : total interest amount is 5:2. The ratio of loan amount : interest rate is equal to :1). 2:252). 2:13). 5:24). 25:1 |
| Answer» | |
| 23. |
A sum of Rs.1600 gives a simple interest of Rs.252 in 2 years and 3 months. The rate of interest pet annum is :1). $5\frac{1}{2}$%2). 8%3). 7%4). 6% |
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Answer» This QUESTION was asked some where in previous YEAR papers of SSC, and correct answer was OPTION 3 |
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| 24. |
Rs.1,000 is invested at 5% per annum simpal interest. If the interest is added to the principal after every 10 years, the amount will become Rs.2,000 after1). 15 years2). 18 years3). 20 years4). $16\frac{2}{3}$ years |
| Answer» OPTION 4 is the ANSWER | |
| 25. |
A man invests half his capital at the rate of 10% per annum, one- third at 9% and the rest at 12% per annum. The average rate of interest per annum, which he gets, is1). 9%2). 10%3). 10.5%4). 12% |
| Answer» 10% : SEEMS CORRECT | |
| 26. |
A sum of money was lent at simple interest at a certain rate for 3 years. Had it been lent at 2.5% per annum higher rate, it would have fetched Rs.540 more. The money lent was:1). Rs.64002). Rs.64723). Rs.68404). Rs.7200 |
| Answer» CORRECT ANSWER is: OPTION 4 | |
| 27. |
Ratio of the principal and the amount after 1 year is 10:12. Then the rate of interest per annum is :1). 12%2). 16%3). 18%4). 20% |
| Answer» CORRECT ANSWER is: 20% | |
| 28. |
Simple interest on a certain sum at a certain annual rate of interest is $\frac{16}{25}$ of the sum. If the number representing rate per cent and time in years be equal then the rate of interest is1). 8%2). $11\frac{1}{2}$%3). $12\frac{1}{2}$%4). $12\frac{1}{4}$% |
| Answer» 8% SEEMS CORRECT. | |
| 29. |
A sum of money becomes $\frac{41}{40}$ of itself in $\frac{1}{4}$ years at a certain rate of simple Interest. The rate of interest per annum is1). 10%2). 1%3). 2.5%4). 5% |
| Answer» 10% : - is CORRECT HENCE OPTION 1 | |
| 30. |
Rs.12,000 is divided into two parts so that the simple interest on the first part for 3 years at 12% per annum may be equal to the simple interest on the second part for$4\frac{1}{2}$ years at 16 % per annum . The ratio of the first part to the second part is1). 2:12). 1:23). 2:34). 3:2 |
| Answer» | |
| 31. |
At what rate of simple interest per annum will a sum become $\frac{7}{4}$ of itself in 4 years 1). 18%2). $18\frac{1}{4}$%3). $18\frac{3}{4}$%4). $18\frac{1}{2}$% |
| Answer» OPTION 3 is the RIGHT ONE | |
| 32. |
The present worth of a bill due 7 months hence is Rs.1200 and if the bill were due at the end of $2\frac{1}{2}$ years its present worth wouldbe Rs.1016. The rate percent is1). 5%2). 10%3). 15%4). 20% |
| Answer» | |
| 33. |
The difference between the simple interest received from two different sources on Rs.1500 for 3 years is Rs.13.50. The difference between their rates of interest is :1). 0.1%2). 0.2%3). 0.3%4). 0.4% |
| Answer» OPTION 3 : SEEMS CORRECT | |
| 34. |
A lends Rs.2500 to B and a certain sum to C at the same time at 7% annual simple interest.If after 4 years, A altogether receiveslent to C is Rs. 1120 as interest from B and C,the sum lent to C is1). Rs.7002). Rs.65003). Rs.40004). Rs.1500 |
| Answer» OPTION 4 : - Rs.1500 | |
| 35. |
A sum of Rs.800 becomes Rs.956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what amount will the same sum become in 3 years1). Rs.10252). Rs.10423). Rs.10524). Rs.1024 |
| Answer» | |
| 36. |
The rate of simple interest per annum of bank being decreased from 5% to $3\frac{1}{2}$%, the annual income of a person from interest was less by Rs.105. The sum deposited at the bank was1). Rs.6,0002). Rs.7,2003). Rs.6,8004). Rs.7,000 |
| Answer» RIGHT ANSWER is Rs.7,000 | |
| 37. |
Mohan lends Rs. 500 to John and a certain sum to Tom at the same time at a simple interest of 8% per annum. If in 4 years, he altogether receives Rs.210 as interest from the two,then the sum of money he lent to Tom was1). Rs.144.752). Rs.1483). Rs.156.254). Rs.165.50 |
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Answer» it from previous YEAR ssc papers, option 3 is the RIGHT ANSWER |
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| 38. |
A sum of money was invested at a certain rate of simple interest for 2 years . Had it been invested at 1% higher rate, it would have fetched Rs.24 more interest. The sum of money is :1). Rs.12002). Rs.10503). Rs.10004). Rs.9600 |
| Answer» | |
| 39. |
A boy aged 12 years is left with Rs.100,000 which is under a trust. The trustees invest the money at 6% per annum and pay the minor boy a sum of Rs.2500. for his pocket money at the end of each year. The expenses of trust come out to be Rs.500 per annum.Find the amount that will be handed over to the minor boy after he attains the age of 18years.1). Rs.1200002). Rs.1500003). Rs.1180004). Rs.125000 |
| Answer» | |
| 40. |
A man lent Rs.60,000, partly at 5% and the rest at 4% simple interest. If the total annual interest is Rs.2560, the money lent at 4% was1). Rs.400002). Rs.440003). Rs.300004). Rs.45000 |
| Answer» | |
| 41. |
On a certain sum,the simple interest at the end of $6\frac{1}{4}$ years bccomes $\frac{3}{8}$ of sum. The rate of interest is1). 5%2). 6%3). 7%4). 8% |
| Answer» OPTION 2 is the RIGHT ONE | |
| 42. |
John invested a sum of money at an annual simple interest rate of 10%. At the end of four years the amount invested plus interest earned was Rs.770. The amount invested was1). Rs.6502). Rs.3503). Rs.5504). Rs.500 |
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Answer» Rs.350 |
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| 43. |
A sum of money lent at simple interest amounts to Rs. 880 in 2 years and to Rs. 920 in 3 years. The sum of money (in rupees) is1). 7002). 7603). 7844). 800 |
| Answer» ANSWER for this QUESTION is 800 | |
| 44. |
A sum of Rs.1500 is lent out in two parts in such a way that the simple interest on one part at 10% per annum for 5 years is equal to that on another part at 12.5% per annum for 4 years. The sum lent out at 12.5% is :1). Rs.5002). Rs.10003). Rs.7504). Rs.1250 |
| Answer» | |
| 45. |
A certain scheme of investment in simple interest declares that it trebles the investment in 8 years. If you want to quadruple your money through that scheme, you have to invest it for :1). 11 years 6 months2). 10 years 8 months3). 10 years4). 12 years |
| Answer» | |
| 46. |
At the rate of simple interest per annum, the interest on a certain sum of money for 10 years will be $\frac{2}{5}$ th part of the amount,then the rate of simple interest is1). 5%2). $6\frac{2}{3}$%3). 7%4). $4\frac{1}{2}$% |
| Answer» | |
| 47. |
The rate of interest per annum at which the total simple interest of a certain capital for 1 year is equal to the total simple interest of the same capital at the rate of 5% per annum for 2 years, is1). $\frac{5}{2}$%2). 10 %3). 25 %4). 12.5% |
| Answer» OPTION 2 is the RIGHT ANSWER | |
| 48. |
Ramesh deposited Rs.15600 in a A fixed deposit at the rate of 10% per annum simple interest . After every second year, he adds his interest earnings to the principal. The interest at the end of fourth year is1). Rs.17162). Rs.15603). Rs.34324). Rs.1872 |
| Answer» OPTION 4 is the RIGHT ONE | |
| 49. |
If the simple interest on a certain sum of money for 15 months at $7\frac{1}{2}$% per annum exceeds the simple interest on the same sum for 8 months at $12\frac{1}{2}$% per annum by Rs.32.50, then the sum of money (in Rs.) is :1). 3122). 321.503). 31204). 3120.50 |
| Answer» | |
| 50. |
At a certain rate simple interest, a certain sum of money becomes double of itself in 10 years. It will become treble of itself in1). 15 years2). 18 years3). 20 years4). 30 years |
| Answer» | |