SSC CHSL (INTEREST) QUANT QUIZ

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Question 1:

A person invested ₹ 20,000 at a rate of 4.5 % on simple interest for three years. Had the person invested ₹ 16,000 on compound interest at a rate of 5% for 2 years, the difference in the interests would have been

Question 2:

A sum of ₹ 10,000 amounts to ₹ 13,225 in 2 years at a certain rate per cent per annum, when the interest is compounded annually. What will be the interest (in ₹) on the same sum for the same time at the same rate, when the interest is compounded 8-monthly?

Question 3:

If the compound interest on a certain sum of money for two years at 9 % p.a. is ₹ 3,762, then the sum is :

Question 4:

If the compound interest on a certain sum for 2 years at 4 % per annum is ₹ 1530. What would be the simple interest on the same sum for the same period and at the same rate?

Question 5:

Find the compound interest, if ₹ 3000 was invested for 3 years at 20% p.a., interest compounded half yearly (nearest to a rupee).

Question 6:

A sum of ₹ 15,500 amounts to ₹ 19,189 in $3 \frac{1}{2}$ years at a certain rate per cent per annum, at simple interest. The simple interest on the same sum at the same rate for $6 \frac{2}{3}$ years will be (nearest to a ₹):

Question 7:

The 8% interest earned on a sum of money of ₹ 1,40,000 is to be used for awarding 20 scholarships of equal value every year in a school. What is the value (in ₹) of each scholarship?

Question 8:

The simple interest on a certain amount is $\frac{4}{25}$ of the principal. If the numbers representing the rate of interest in per cent and time in years are equal, then find the time for which the principal is lent out.

Question 9:

A sum of ₹ 6,400 amounts to ₹ 8,848 in $4 \frac{1}{2}$ years at a certain rate per annum at simple interest. What will be the amount (in ₹) of a sum of ₹ 9,000 in $2 \frac{2}{5}$ years at the same rate at simple interest ?

Question 10:

The amount of a certain sum at simple interest at $15 \%$ p.a. in $5 \frac{1}{2}$ years is ₹ 1,755 more than the simple interest on the same sum at the same rate in 10 years. What is the sum (in ₹) ?