Simple Interest PYQ





SSC MTS-2024 (1/10/24)


Q. Find the Simple Interest (S.I.) if:



  • Principal (P) = ₹3,500

  • Rate (R) = 5% per annum

  • Time (T) = 5 years


Formula: SI = P × R × T / 100


 SI = 3500 × 5 × 5 / 100


SI = 3500 × 25% = ₹875


Ans: ₹875


Trick


R × T = 5 × 5 = 25% 


So,


SI = 3500 × 25% = ₹875 






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Simple Interest – Practice Set [SSC MTS / SSC Exams]


1. Find the Simple Interest on ₹4,000 at 5% per annum for 3 years.
A) ₹500  B) ₹600  C) ₹700  D) ₹800


2. Find the Simple Interest on ₹6,000 at 8% per annum for 2 years.
A) ₹860  B) ₹920  C) ₹960  D) ₹1,000


3. A sum of ₹5,000 is invested at 6% per annum for 4 years. Find the S.I.
A) ₹1,000  B) ₹1,100  C) ₹1,200  D) ₹1,300


4. Find the Simple Interest on ₹7,500 at 4% per annum for 5 years.
A) ₹1,250  B) ₹1,500  C) ₹1,750  D) ₹2,000


5. If the Principal is ₹3,500, Rate is 5% and Time is 5 years, the Simple Interest is:
A) ₹750  B) ₹825  C) ₹875  D) ₹925



 

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