Simple Interest Questions for SSC Exam

Simple Interest Questions are accessible here to assist understudies with learning the recipe and how to apply the straightforward Simple Interest equation in different issues, including genuine situations. That's why we know "interest" is the most generally utilized word while managing monetary issues. 

Likewise, various kinds of interests exist, like basic interest, build interest, and so forth. In this article, you will get addressed and practice inquiries on straightforward Simple Interest that cover all potential uses of Simple Interest.

Simple Interest Questions

Here, I am sharing Simple Interest Questions and Answers under the Aptitude section for those learners who are preparing for upcoming SSC Exams and other government exams.

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Students can quickly get free General Knowledge Mock Test and Current Affairs Mock Test on this platform for online exam practice to obtain good marks in competitive exams.

Simple Interest Questions for SSC Exam

  Q :  

Mr. Khanna took a loan of Rs 10,000 on simple interest for two years at the rate 3% per annum. The total amount that he will be paying as interest in 2 year is 3% of his monthly salary. What his monthly salary?

(A) Rs 30,000

(B) Rs 16,000

(C) Rs 20,000

(D) Rs 12,000

(E) None of these

(A) $$5{1\over2}\%$$

(B) 8%

(C) 7%

(D) 6%

(A) 8 years

(B) 7 years

(C) 5 years

(D) 6 years

(A) 4%

(B) 6%

(C) $$5{2\over3}\%$$

(D) $$6{2\over3}\%$$

(A) Rs. 4000, Rs. 6000

(B) Rs. 4500, Rs. 5500

(C) Rs. 5000, Rs. 5000

(D) Rs. 5500, Rs. 4500

(A) Rs. 210

(B) Rs. 280

(C) Rs. 750

(D) Rs. 840

(A) 7%

(B) 8%

(C) 9%

(D) 10%

(A) 0.1 %

(B) 0.2 %

(C) 0.3 %

(D) 0.4 %

(A) 400

(B) 500

(C) 600

(D) 700

(A) ₹ 2,800

(B) ₹ 3,050

(C) ₹ 2,750

(D) ₹ 2,760