# SSC CGL (SIMPLE AND COMPOUND INTEREST) QUANT QUIZ

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## Question 1:

Amount received at, $10 \%$ per annum compound Interest after 3 years is Rs 31944 . What was the Principle (in rupees)?

## Question 2:

In how many months will Rs 1200 yield Rs $189.15$ as compound interest at $20 \%$ per annum, interest compounded quarterly?

## Question 3:

The amount received at $14 \%$ per annum compound interest after 2 years is Rs 32490 . What was the principal (in Rs.)?

## Question 4:

The difference between the Simple interest and Compound Interest on a certain sum of money for 2 years at 10% per annum is Rs. 5. The sum is(in Rs.):

## Question 5:

A man gave 50% of his saving of 42100 to his two sons A and B if 15 and 13 years of age respectively the divided it in such a way that each of his son, when they attain the age of 18 years, would receive the same amount at 5% compound interest per annum. The share of B was:(in Rs.)

## Question 6:

Rs 18000 is divided in to two part, such that the simple interest on the first part at $5 \frac{1}{3} \%$ p. a.  for $4 \frac{1}{2}$ years is thrice the SI on the second part at $2 \frac{2}{5} \% \mathrm{~p.a.}$ for 5 years. What is the difference between the two parts? (in Rs.)

## Question 7:

A sum lent out at simple interest amounts to Rs. 7884 in 1 year and Rs. 10,620 in 5 years. The sum lent (in rupees) and rate of interest respectively:

## Question 8:

A sum of Rs. 14274 is divided into three parts and given on loan at 5% simple interest to A,B and C for 3, 2 and 4 years respectively. If the amounts of all three are equal after their respective periods of loan, then B received a loan of .... (in Rs.)

## Question 9:

Abhishek lends Rs 50,000 to two of his friends. He gives Rs 15000 to the first at $7.2 \%$ p. a simple Interest. Abhishek wants to make a profit of $10 \%$ on the whole, The rate at which he should lend the remaining Sum of money to the second friend is:

## Question 10:

An amount was invested at a simple rate of interest p.a. for 5 years. It would have fetched Rs. 300 more had it been invested at 2% higher rate. What was the amount invested?