Simple Interest SSC MTS Questions

SSC MTS-Numerical and Mathematical Ability

Simple Interest MCQ Questions


7.
How much simple interest will Rs.6,000 earn in 15 months at the rate of 12% per annum?
SSC MTS 2021-05.09.2023-2
A.
₹900
B.
₹600
C.
₹750
D.
₹800
😑 View Answer Rough Work Error
ANSWER :
A. ₹900
8.
A sum of money becomes 7 times in 16 years at simple interest per annum. Find the per annum rate of interest.
SSC MTS 2021-05.09.2023-3
A.
25.8%
B.
39.2%
C.
20.3%
D.
37.5%
😑 View Answer Rough Work Error
ANSWER :
D. 37.5%
9.
Find the simple interest (in ₹) on ₹5,400 for 7 years at 4% per annum.
SSC MTS 2021-06.09.2023-1
A.
1,512
B.
1,230
C.
1,380
D.
1,172
😑 View Answer Rough Work Error
ANSWER :
A. 1,512
10.
The simple interest on a certain sum for 4 years at the rate of 15% p.a. is ₹4,500 less than the simple interest on the same sum for 6 years at the same rate of interest. Find the sum.

SSC MTS 2021-06.09.2023-2
A.
₹12,000
B.
₹13,000
C.
₹15,000
D.
₹14,000
😑 View Answer Rough Work Error
ANSWER :
C. ₹15,000
11.
What will be the amount due on ₹24,000 in 2 years when the rate of simple interest on successive years is 4% per annum and 5% per annum, respectively?

SSC MTS 2021-06.09.2023-3
A.
₹24,960
B.
₹25,200
C.
₹26,208
D.
₹26,160
😑 View Answer Rough Work Error
ANSWER :
D. ₹26,160
12.
Vinita obtained an amount of ₹23,340 as simple interest on a certain amount at 15% per annum after 8 years. What was the amount invested by Vinita?
SSC MTS 2021-08.09.2023-1
A.
₹20,450
B.
₹18,650
C.
₹17,490
D.
₹19,450
😑 View Answer Rough Work Error
ANSWER :
D. ₹19,450