Simple Interest SSC MTS-Numerical and Mathematical Ability Question, Simple Interest MTS MCQ Question

1.

Disha invested an amount of ₹20,000 for 9 years at a simple interest per annum and obtained the total amount of ₹33,500. What is the rate of interest?
SSC MTS 2023-01.09.2023-1

A.

8%

B.

8.5%

C.

7.5%

D.

9%

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2.

A sum of money deposited at simple interest amounts to ₹1,020 in three years and ₹980 in two years. The sum deposited is:
SSC MTS 2023-01.09.2023-2

A.

₹900

B.

₹880

C.

₹920

D.

₹840

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3.

A car dealer borrows ₹20,000 from a bank for a period of 2 years at a simple interest rate of 8% per annum. If he repays the loan in full at the end of the 2-year period, how much will he have to pay?
SSC MTS 2023-04.09.2023-1

A.

₹3,600

B.

₹23,600

C.

₹23,200

D.

₹3,200

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4.

A sum invested at the rate of 6% simple interest per annum grows to ₹1,13,880 in 5 years. What is the simple interest if the same amount is invested for 8 years at the rate of 9% per annum?
SSC MTS 2023-04.09.2023-2

A.

₹63,072

B.

₹60,565

C.

₹65,392

D.

₹58,050

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5.

The ratio of principal and amount is 5 : 6 for one year. Find the rate of simple interest per annum.
SSC MTS 2023-04.09.2023-3

A.

10%

B.

11%

C.

15%

D.

20%

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6.

A sum of ₹15,345, when invested at a certain rate of simple interest per annum for 10 years, earns an interest of ₹2,672.50 on maturity. What is the rate of simple interest per annum?
SSC MTS 2023-05.09.2023-1

A.

4.5%

B.

8%

C.

5%

D.

6.5%

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Simple Interest SSC MTS Questions

Simple Interest MCQ Questions