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objective Ques (152 results)
41)

A sum of Rs.x amounts to Rs.8,563.50 in \(3\frac{1}{2}\) years and to Rs.10,527 in 7 years at y% p.a. simple interest. The value of x and y, respectively, are:

SSC CHSL 2021
A)

6600 and 8

B)

6800 and \(8\frac{1}{2}\)

C)

6600 and \(8\frac{1}{2}\)

D)

7000 and 8

42)

In how many years, the compound interest, if compounded annually on a sum of Rs. 60,000 at rate of 8% per annum is Rs. 9,984?

SSC CHSL 2021
A)

4

B)

2

C)

3

D)

1

43)

A man invests Rs. 7,000 at 8% per annum simple interest for 2 years and Rs. 10,000 at compound interest at the same rate for the same period, compounded annually. What will be the total interest and the total amount (in Rs.) respectively, on maturity?

SSC CHSL 2021
A)

19,748 and 2,874

B)

19,784 and 2,784

C)

2,784 and 19,784

D)

2,748 and 19,784

44)

Varun and Madhur invested Rs. 25,000 each in different schemes. Varun earned simple interest at 11% per annum, whereas Madhur earned compound interest at 10% per annum compounded annually. Who received more interest after 2 years and how much?

SSC CHSL 2021
A)

Varun, Rs. 500

B)

Madhur, Rs. 250

C)

Madhur, Rs. 302.50

D)

Varun, Rs. 250

45)

If the difference between the compound interest compounded annually and the simple interest on a certain sum of money for three years at 10% per annum is Rs. 279, then the sum (in Rs.) is:

SSC CHSL 2021
A)

9,000

B)

10,000

C)

8,000

D)

7,500

46)

The simple interest on a sum of Rs. 8,000 at a certain rate per cent per annum for 3 years is Rs. 3,600. What will be the amount (in Rs.) of the same sum after 2 years at the same rate, if the interest is compounded 8-monthly?

SSC CHSL 2021
A)

10,580

B)

10,648

C)

11,239

D)

10,450

47)

What will be the compound interest (in Rs.) on a sum of Rs. 7,200 for 18 months at a rate of 20% per annum, if the interest is compounded half-yearly (nearest to an integer)?

SSC CHSL 2021
A)

2,833

B)

3,238

C)

2,383

D)

2,338

48)

A sum of money lent at simple interest amounts to Rs. 9,920 after 2 years and to Rs. 12,800 after 5 years. Find the rate of interest per annum.

SSC CHSL 2021
A)

18%

B)

6.57%

C)

12%

D)

9.68%

49)

The 12% interest earned on a sum of money of Rs. 2,60,000 is to be used for awarding 24 scholarships of equal value every year in a school. What is the value (in Rs.) of each scholarship?

SSC CHSL 2021
A)

1150

B)

1200

C)

1250

D)

1300

50)

If the simple interest on a certain sum of money borrowed for 4 years at 9.5% per annum exceeds the simple interest on the same sum for 3 years at 12.5% per annum by Rs. 225, then the sum borrowed is:

SSC CHSL 2021
A)

Rs. 48,000

B)

Rs. 45,000

C)

Rs. 42,000

D)

Rs. 35,000

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