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CSAT - Simple Interest — UPSC Questions & Practice

Practise 465 CSAT - Simple Interest questions from UPSC 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.

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Practice questions on CSAT - Simple Interest — with answers

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1. Find the simple interest on Rs. 6500 at 10% per annum for 4 year(s).

  1. A2997.36
  2. B2600
  3. C2829.03
  4. D2598
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Answer: B

Simple Interest = (P x R x T)/100 = (6500 x 10 x 4)/100 = 2600.

2. Find the simple interest on Rs. 1000 at 6% per annum for 1 year(s).

  1. A69.11
  2. B48.57
  3. C60
  4. D62.09
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Answer: C

Simple Interest = (P x R x T)/100 = (1000 x 6 x 1)/100 = 60.

3. Find the simple interest on Rs. 4000 at 6% per annum for 5 year(s).

  1. A1205
  2. B1200
  3. C1195
  4. D1148.39
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Answer: B

Simple Interest = (P x R x T)/100 = (4000 x 6 x 5)/100 = 1200.

4. Find the simple interest on Rs. 6500 at 9% per annum for 2 year(s).

  1. A1074.08
  2. B1076.62
  3. C1129.11
  4. D1170
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Answer: D

Simple Interest = (P x R x T)/100 = (6500 x 9 x 2)/100 = 1170.

5. Find the simple interest on Rs. 3000 at 5% per annum for 1 year(s).

  1. A149
  2. B123.72
  3. C152
  4. D150
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Answer: D

Simple Interest = (P x R x T)/100 = (3000 x 5 x 1)/100 = 150.

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