Simple Interest SSC MTS Questions

SSC MTS-Numerical and Mathematical Ability

Simple Interest MCQ Questions


13.
In a certain time, a sum becomes 5 times at the rate of 6% per annum on simple interest. At what rate of interest, the same sum becomes 8 times in the same direction?
SSC MTS 2021-08.09.2023-2
A.
8.5%
B.
10.5%
C.
5.5%
D.
12.5%
😑 View Answer Rough Work Error
ANSWER :
B. 10.5%
14.
If the ratio of the principal and the simple interest for 5 years is 10:7, then the rate of interest per annum is:
SSC MTS 2021-08.09.2023-3
A.
18%
B.
16%
C.
12%
D.
14%
😑 View Answer Rough Work Error
ANSWER :
D. 14%
15.
For what sum will the simple interest at \(3\tfrac{3}{4}\%\) per annum be in \(2\tfrac{1}{3}\%\) years?
SSC MTS 2021-04.11.2024-1
A.
₹1,600
B.
₹1,980
C.
₹2,250
D.
₹2,400
😑 View Answer Rough Work Error
ANSWER :
D. ₹2,400
16.
Find the simple interest (in ₹) on ₹2000 as a sum borrowed at 8% per year rate of interest for 4 years.
SSC MTS 2021-04.11.2024-1
A.
600
B.
640
C.
680
D.
580
😑 View Answer Rough Work Error
ANSWER :
B. 640
17.
Find the simple interest (in ₹) on ₹3500 as a sum borrowed at 5% per year rate of interest for 4 years.
SSC MTS 2021-04.11.2024-1
A.
700
B.
660
C.
640
D.
740
😑 View Answer Rough Work Error
ANSWER :
A. 700
18.
Find the simple interest (in ₹) on ₹3,000 as a sum borrowed at 5% per year rate of interest for 3 years.
SSC MTS 2021-04.11.2024-2
A.
490
B.
390
C.
410
D.
450
😑 View Answer Rough Work Error
ANSWER :
D. 450