Dear Readers, Here We are providing a quant Quiz of 15 S.I. and C.I. question in accordance with the syllabus of SSC CGL. Most of these Questions are Previous Year asked in SSC CGL. It will give you implicit idea of Math Question Paper of SSC CGL 2017
Q1. A sum of Rs. 4000 is lent for 5 years at the rate of 15% per annum. Find the interest.
(a) 3000
(b) 2000
(c) 1000
(d) None of these
Q2. A sum of money becomes 6 times in 20 years at S.I. find the rate of interest.
(a) 20%
(b) 15%
(c) 16%
(d) 25%
Q3. In what time does a sum of money become four times at the simple interest rate of 10% per annum?
(a) 30 years
(b) 25 years
(c) 35 years
(d) 40 years
Q4. Ashok borrowed some money at the rate of 6% per annum for the first two years, at the rate of 9% per annum for the next three years and at the rate of 14% per annum for the period beyond five years. If he pays a total interest of 11400 at the end of 9 years. How much money did he borrow?
(a) 16000
(b) 14000
(c) 18000
(d) 12000
Q5. What principal will amount to 560 in 3 years at 4 percent per annum simple interest?
(a) 540
(b) 500
(c) 550
(d) 560
Q6. A man wants to invest Rs. 3900 in account of his two sons who are 14 years and 16 years old in such a way that they will get equal amount at the time of attaining the age 18 years. If rate of interest per annum is 10% then find the amount he deposit in account of his younger son?
(a) 1500
(b) 1200
(c) 1900
(d) 1800
Q7. A certain sum of money amounts of 5000 in five years at 10% per annum. In how many years will it amount to 6000 at the same rate?
(a) 8 years
(b) 6 years
(c) 10years
(d) 9 years
Q8. A man had 2000, part of which he lent at 5% and the rest at 4% the whole annual interest was 92. How much did he lent at 5%
(a) 1200
(b) 800
(c) 700
(d) 1300
Q9. A sum of money becomes five times at the simple interest rate of 8% per annum. At what % will it become seven fold at same time.
(a) 6%
(b) 10%
(c) 12%
(d) 14%
Q10. If Rahim deposited the same amount of Rs. x in a bank at the beginning of successive 3 years and the bank pays compound interest at 5% per annum, then the amount at his credit at the end of 3rd year will be?
(a) 861x/400
(b) 1261x/400
(c) 21x/20
(d) 26481x/8000
Q11. The effective annual rate of interest, corresponding to a nominal rate of 6% per annum payable half yearly at compound interest.
(a) 6.06%
(b) 6.07%
(c) 6.08%
(d) 6.09%
Q12. If x, y, z are three sum of money such that y is the simple interest on x and z is the simple interest on y for the same time and at the same rate of interest, then we have:
(a) x^2=xy
(b) xyz = 1
(c) x^2=y^2
(d) y^2=zx
Q13. At certain rate of simple interest Rs. 1600 amounted to Rs. 1840 in 5 years. If the rate of interest be decreased by 3%, what will be the amount after 5 years?
(a) 1720
(b) 1680
(c) 1600
(d) Not possible
Q14. The difference between the interest received from two different banks on 450 for 4 years is Rs. 18. Find the difference between their rates?
(a) 2%
(b) 1%
(c) 1.5%
(d) 3%
Q15. A sum of money lent out at simple interest amounts to Rs. 460 in 3 years while in 5 years it amount to Rs. 500. Find the rate of interest?
(a) 6%
(b) 5%
(c) 4%
(d) 3%
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