21)

What is the compound interest (in Rs.) on a sum of Rs. 62,500 for 2 years at 12% p.a., if the interest is compounded 8-monthly?

SSC CGL 2022

A)

18,342

B)

13,428

C)

16,548

D)

16,232

22)

₹2,500, when invested for 8 years at a given rate of simple interest per year, amounted to ₹3,725 on maturity. What was the rate of simple interest that was paid per annum?

SSC CGL 2022

A)

6.25%

B)

6.125%

C)

6%

D)

5.875%

23)

A person lent certain sum of money at the annual rate of 25 percent on simple interest. In 6 years the interest amounted to Rs. 360 more than the sum lent. What is the sum lent?

SSC CGL 2022

A)

720/-

B)

360/-

C)

600/-

D)

540/-

24)

The simple interest on a certain sum for 3 years at 14% p.a. is ₹4,200 less than the simple interest on the same sum for 5 years at the same rate. Find the sum.

SSC CGL 2022

A)

15000/-

B)

10000/-

C)

16000/-

D)

12000/-

25)

Damani purchased an item costing ₹7,500 and paid ₹3,500 as a down payment for the same. If the simple interest charged for the remaining amount is 9% per annum and Damani cleared all dues after 4 months of the purchase, how much did Damani pay after 4 months as interest?

SSC CGL 2022

A)

₹132

B)

₹100

C)

₹120

D)

₹125

26)

A certain sum of money lent at simple interest amounts to Rs. 1,200 in 2 years and Rs. 1,600 in 4 years. The rate per cent per annum is :

SSC CGL 2022

A)

25%

B)

30%

C)

20%

D)

16%

27)

A person borrowed ₹2,000 at 5% annual simple interest repayable in 3 equal annual installments. What will be the annual installment?

SSC CGL 2022

A)

\(₹640 \frac{11}{63}\)

B)

\(₹840 \frac{9}{61}\)

C)

\(₹730 \frac{10}{63}\)

D)

\(₹250 \frac{10}{63}\)

28)

A sum of Rs. 10 is lent by a child to his friend to be returned in 11 monthly instalments of Rs. 1 each, the interest being simple. The rate of interest is:

SSC CGL 2022

A)

\(10{ 2 \over 11} %\)%

B)

\(21{ 9 \over 11} %\)%

C)

\(11{ 9 \over 11} %\)%

D)

\(9{ 1 \over 11} \)%

29)

The monthly income of Mr. Roy is Rs. 18,000. He took a loan of Rs. 30,000 on simple interest for 3 years at the rate of 5% per annum. The amount that he will be paying as simple interest in 3 years is what percent of his monthly salary?

SSC CGL 2022

A)

20%

B)

35%

C)

30%

D)

25%

30)

A person borrows Rs. 1,00,000 from a bank at 10% per annum simple interest and clears the debt in five years. If the installment paid at the end of the first, second, third and fourth years to clear the debt are Rs. 10,000, Rs. 20,000, Rs. 30,000 and Rs. 40,000, respectively, what amount should be paid at the end of the fifth year to clear the debt?

SSC CGL 2022

A)

Rs. 40,450

B)

Rs. 39,490

C)

Rs. 38,250

D)

Rs. 36,450