Must-Do Questions of C.I. & S.I. for SSC CGL Tier-II 2016

Q1. Rs. 480 becomes Rs. 600 in 4 years at a certain rate of compound interest. What will be the sum after 12 years?
(a) Rs.724.56
(b) Rs.845.2
(c) Rs. 904.25
(d) Rs. 937.5

Q2. At what rate percent on the compound interest, does a sum of money become four fold in 2 year?
(a) 125
(b) 200
(c) 100
(d) 110

Q3. A sum of money placed at compound interest thrice itself in 5 years. In how many years will it amount to 81 times itself?
(a) 20
(b) 30
(c) 15
(d) 14

Q4. Rs. 2400 becomes Rs. 3000 in 3 years at a certain rate of compound interest. What will be the sum after 6 years?
(a) 3750
(b) 3854
(c) 3356
(d) 3547

Q5. Find the difference between the compound interest and the simple interest for the sum of Rs. 2500 at 6% per annum for 2 years.
(a) 11
(b) 10
(c) 9

Q6. On what sum will the difference between the simple and compound interest for 3 years at 5 percent per annum amount to Rs. 24.40?
(a) 3300
(b) 3587
(c) 3200
(d) 2800

Q7. The compound interest on a certain sum of money for 2 years at 10% per annum is Rs. 630. Find the simple interest at the same rate and for the same time.
(a) 600
(b) 500
(c) 430
(d) 540

Q8. Find the ratio of C.I. and S.I. for 2 year at 4 p.c.p.a.
(a) 51:50
(b) 52:51
(c) 47:45
(d) 39:47

Q9. What amount will be received on a sum of Rs. 1750 in 12.5 years, if the interest is compounded at the rate of 8% pa?
(a) Rs. 2125
(b) Rs. 2122.85
(c) Rs. 2100
(d) Rs. 2200


Q10. The principal which gives Rs. 1 interest per day at a rate of 5% simple interest per annum is-
(a) Rs. 7300
(b) Rs. 3650
(c) Rs. 5000
(d) Rs. 36500

Q11. The simple interest on Rs. 4,000 in 3 years at the rate of x% per annum equals simple interest on Rs. 5,000 at the rate of 12% per annum in 2 years. The value of x is-
(a) 10%
(b) 6%
(c) 8%
(d) 9%

Q12. A sum becomes 6 fold at 5%(Simple Interest) per annum. At what rate, the sum becomes 12 fold?
(a) 10%
(b) 12%
(c) 9%
(d) 11%

Q13. A person lent out a certain sum on simple interest and the same sum on compound interest at a certain rate of interest per annum. He noticed that the ratio between the difference of compound interest and simple interest of 3 years and that of 2 years is 25 : 8. The rate of interest per annum is:
(a) 10% 
(b) 11%
(c) 12%
(d) 12.5%

Q14. At a simple interest a sum amounts to Rs. 1012 in 2.5 year and become Rs. 1067.20 in 4 years. What is the rate of interest?
(a) 2.5%
(b) 3%
(c) 4%
(d) 5%

Q15. What will be simple interest for 1 year and 4 months on a sum of Rs. 25800 at the rate of 14% per annum?
(a) Rs. 4816
(b) Rs. 2580
(c) Rs. 4816.75
(d) Rs. 4815


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