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Simple and Compound Interest

SSC CGL Tier II Quant. Try each one first, then open its answer.

Top 10 SSC CGL Tier II PYQs to practise first

The questions and kinds of question asked most often come first. Each one says how often and in which papers.

  1. Question 1

    This type asked 6 times: 15 Nov 2020 Tier II, 29 Jan 2022 Tier II, 2 Mar 2023 Tier II, 6 Mar 2023 Tier II, 26 Oct 2023 Tier II, 18 Jan 2026 Tier II. This one: 18 Jan 2026 Tier II See all 6 of this type

    21
    At what rate of interest per annum will a sum of ₹15,625 amount to ₹19,683 in 1 year 6 months, if the interest is compounded half-yearly?

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  2. Question 2

    This type asked 3 times: 15 Nov 2020 Tier II, 29 Jan 2022 Tier II, 7 Mar 2023 Tier II. This one: 7 Mar 2023 Tier II See all 3 of this type

    26
    Rajnish borrowed ₹1,500 from a bank and repaid the entire amount with interest in two equal annual instalments, the first instalment being paid a year after Rajnish borrowed from the bank. If the rate of interest was 40% per annum, compounded annually, then what was the value (in ₹) of each instalment paid by Rajnish?

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  3. Question 3

    Asked 2 times: 18 Jan 2025 Tier II*, 20 Jan 2025 Tier II (* = numbers or wording changed that year) See all 2 times it was asked

    17
    Find the simple interest (in ₹) on ₹2000 at 6.5% per annum rate of interest for the period from 13 February 2023 to 27 April 2023

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  4. Question 4

    This type asked 2 times: 8 Aug 2022 Tier II, 26 Oct 2023 Tier II. This one: 26 Oct 2023 Tier II See all 2 of this type

    29
    The simple interest earned on ₹2,800 at a rate of 10% per annum for 3 years is ₹x and ₹1,736 is the simple interest earned on ₹6,200 at a rate of 14% for y years, then the value of x/y is:

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  5. Question 5

    This type asked 2 times: 6 Mar 2023 Tier II, 7 Mar 2023 Tier II. This one: 7 Mar 2023 Tier II See all 2 of this type

    27
    A sum triple itself in 9 years at simple interest. Find the rate of interest per annum is.

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  6. Question 6

    This type asked 2 times: 8 Aug 2022 Tier II, 3 Mar 2023 Tier II. This one: 3 Mar 2023 Tier II See all 2 of this type

    2
    What is the compound interest on a sum of ₹25,000 after three years at a rate of 12 per cent per annum interest compounded yearly?

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  7. Question 7

    Asked once: 26 Oct 2023 Tier II (same type asked 6 times) See all 6 of this type

    23
    The compound interest on ₹10,000 at 20% per annum is ₹4,641. If the compounding is done half-yearly, then for how many years was the sum invested?

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  8. Question 8

    Asked once: 29 Jan 2022 Tier II (same type asked 3 times) See all 3 of this type

    31
    A loan is to be returned in two equal yearly instalments. If the rate of interest is 10% p.a. compounded annually and each instalment is ₹5,808, then 60% of the total interest (nearest to a ₹) charged in this scheme is:

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  9. Question 9

    Asked once: 8 Aug 2022 Tier II (same type asked 2 times) See all 2 of this type

    89
    What will be the simple interest on a sum of ₹12000 at the rate of 15 percent per annum for three years?

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  10. Question 10

    Asked once: 6 Mar 2023 Tier II (same type asked 2 times) See all 2 of this type

    13
    In 5 years, the simple interest on an amount of Rs. X is 25th\frac{2}{5}^{th} of the principal. The rate of interest per annum is:

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