Simple and Compound Interest SSC CHSL Study Material and Notes, SSC CHSL Simple and Compound Interest PDF

13.

A sum of ₹x amounts to ₹9,246 in 4 years and to ₹11,298.75 in 7 and a half years, at y% p.a. simple interest. The values of x and y are, respectively:
SSC CHSL 2021-19.04.2021-1

A.

6900 and 8.5

B.

6800 and 8.5

C.

6500 and 8

D.

7200 and 7.5

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14.

A sum of ₹x amounts to ₹8,563.50 in 3 and a half years and to ₹10,527 in 7 years at y% p.a. simple interest. The value of x and y, respectively, are:

SSC CHSL 2021-19.04.2021-2

A.

6600 and 8

B.

6800 and \(8\frac{1}{2}\)

C.

6600 and \(8\frac{1}{2}\)

D.

7000 and 8

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15.

In how many years, the compound interest, if compounded annually on a sum of ₹60,000 at rate of 8% per annum is ₹9,984?
SSC CHSL 2021-19.04.2021-3

A.

3

B.

1

C.

4

D.

2

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16.

A man invests ₹7,000 at 8% per annum simple interest for 2 years and ₹10,000 at compound interest at the same rate for the same period, compounded annually. What will be the total interest and the total amount (in ₹) respectively, on maturity?
SSC CHSL 2021-04.08.2021-1

A.

19,748 and 2,874

B.

2,748 and 19,784

C.

19,784 and 2,784

D.

2,784 and 19,784

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17.

Varun and Madhur invested ₹25,000 each in different schemes. Varun earned simple interest at 11% per annum, whereas Madhur earned compound interest at 10% per annum compounded annually. Who received more interest after 2 years and how much?
SSC CHSL 2021-04.08.2021-2

A.

Madhur, ₹302.50

B.

Madhur, ₹250

C.

Varun, ₹500

D.

Varun, ₹250

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18.

If the difference between the compound interest compounded annually and the simple interest on a certain sum of money for three years at 10% per annum is ₹279, then the sum (in ₹) is:

SSC CHSL 2021-04.08.2021-3

A.

10,000

B.

8,000

C.

7,500

D.

9,000

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Simple and Compound Interest SSC CHSL Questions

Simple and Compound Interest MCQ Questions