Home › SSC › Simple Interest

Simple Interest — SSC Questions & Practice

Practise 218 Simple Interest questions from SSC for competitive exams such as UPSC, Banking, SSC and Railway. Read the worked questions below, check every answer with an explanation, and track what you get wrong.

218 questions · 0 quizzes · free to start

Practice questions on Simple Interest — with answers

Try each question first, then open the answer. Explanations are included.

1. Find the Simple Interest on Rs. 1000 at 10% per annum for 5 year(s).

  1. A375
  2. B500
  3. C550
  4. D400
Show answer

Answer: B

SI = (P x R x T)/100 = (1000 x 10 x 5)/100 = Rs. 500.

2. Find the Simple Interest on Rs. 1350 at 12.5% per annum for 5 year(s).

  1. A928.12
  2. B970.31
  3. C885.94
  4. D843.75
Show answer

Answer: D

SI = (P x R x T)/100 = (1350 x 12.5 x 5)/100 = Rs. 843.75.

3. Find the Simple Interest on Rs. 1700 at 14% per annum for 3 year(s).

  1. A785.4
  2. B714
  3. C571.2
  4. D749.7
Show answer

Answer: B

SI = (P x R x T)/100 = (1700 x 14 x 3)/100 = Rs. 714.

4. Find the Simple Interest on Rs. 2050 at 12% per annum for 3 year(s).

  1. A738
  2. B774.9
  3. C664.2
  4. D848.7
Show answer

Answer: A

SI = (P x R x T)/100 = (2050 x 12 x 3)/100 = Rs. 738.

5. Find the Simple Interest on Rs. 2400 at 7.5% per annum for 4 year(s).

  1. A756
  2. B576
  3. C720
  4. D828
Show answer

Answer: C

SI = (P x R x T)/100 = (2400 x 7.5 x 4)/100 = Rs. 720.

Practise more Simple Interest questions

More SSC topics