11)

A mobile phone is available for Rs. 79,860 by cash payment or by paying cash of Rs. 60,000 as down payment and the remaining amount in three equal annual instalments. If the shopkeeper charges interest at the rate of 10% per annum compounded annually, then the amount of each instalment (in Rs) will be:

SSC CHSL 2021

A)

6,689

B)

6,789

C)

7,986

D)

6,000

12)

The simple interest on a certain sum for \(3\frac{1}{2}\) years at the rate of 10% per annum is Rs. 2940. What will be the compound interest (in Rs.) on the same sum for \(1\frac{1}{2}\) years at the same rate when interest is compounded half-yearly (nearest to a rupee)?

SSC CHSL 2021

A)

1,125

B)

1,564

C)

1,324

D)

1,470

13)

A sum of Rs. x amounts to Rs. 9,246 in 4 years and to Rs. 11,298.75 in \(7\frac{1}{2}\) years, at y% p.a. simple interest. The values of x and y are, respectively:

SSC CHSL 2021

A)

6500 and 8

B)

6800 and 8.5

C)

6900 and 8.5

D)

7200 and 7.5

14)

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

15)

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

16)

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

17)

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

18)

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

19)

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

20)

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