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Simple Interest [Advanced Level] for SSC CGL 2019-20 Exam : 21st November

Yogesh Khasa Published On November 21st, 2019 Leave a comment

SSC CGL 2019 Exam notification is out once again raise the bar of competition. All the four sections bag impeccable practice when it comes to SSC Exams. Considering the same, at ADDA247 we are prompted to make Daily Quant Quiz accessible to you, aiming at a cut above preparation of latest exam pattern based questions. You are asked to practice Daily Quant Quiz at SSCADDA which encapsulates the exam like environment facilitated with extraordinary content. To make headway in upcoming SSC CGL Exams, go the extra mile with our Daily Quant Quiz.

Q1. A Sum of money becomes 112/21 times of itself in 26 year at R% of SI. What is the valve of R?
(a) 182/7 %
(b) 162/3 %
(c) 193/7 %
(d) 142/7 %

Q2. The simple interest on a sum of money is 16⁄63 of the sum. If the number of years is numerically 7/9 times of rate percent per annum, then the rate percent per annum is
(a) 71/(2 )%
(b) 54/9 %
(c) 55/7 %
(d) 62/3 %

Q3. The difference between interest received by yogesh and shiwali is Rs 63 on Rs 16200 for 7 year. What is the difference in rate of interest?
(a) 62/9%
(b) 55/9%
(c) 85/9%
(d) 72/9%

Q4. A sum of money invested at simple interest 13 times itself in 19 Years. How many times will it become in 76 years?
(a) 47
(b) 48
(c) 50
(d) 49

Q5. If the ratio of principal and amount after 17years at simple interest become 15:23 and after 22 more years this ratio will become 18:41. Find the rate of simple interest?
(a) 3.92%
(b) 4.42%
(c) 3.38%
(d) 3.42%

Q6. In 2 years at simple interest the principal increases by 12%. What will be the compound interest earned (in Rs) on Rs 15 lakhs in 2 years at the same rate?
(a) 96000
(b) 18540
(c) 90000
(d) 18650

Q7. If the compound interest for the 3rd and 4th year on a certain principal is Rs 125 and Rs 135 respectively, what is the rate of interest (in %)?
(a) 9
(b) 10
(c) 8
(d) 12

Q8. Rate of interest on a sum of money is 4% pa for the first 2 years. 6% pa for the next 4 years & 8% pa for the period beyond 6 years. SI accrued by the sum for a total period of 9 years is Rs. 1120. What is the sum (in Rs.)?
(a) 1750
(b) 2000
(c) 2333.33
(d) 2100

Q9. A certain bank offers 8% rate of interest on the 1st year and 9% on the 2nd year in a certain fixed deposit scheme. If Rs 17,658 are received after investing for 2 years in this scheme, then what was the amount (in Rs) invested?
(a) 16000
(b) 15000
(c) 15500
(d) 16500

Q10. What is the difference (in Rs) in Compound interest earned in 1 year on a sum of Rs 25,000 at 20% per annum compounded semi-annually and annually?
(a) 125
(b) 250
(c) 500
(d) 375