SSC CGL Simple Interest question with solution
Simple InterestEasySSC CGL 2024
What is the simple interest on ₹11,500 at 8% per annum for 4 years?
- (A)₹4,600
- (B)₹4,140
- (C)₹15,180
- (D)₹3,680
Correct answer: (D) ₹3,680
Simple interest = P × R × T ÷ 100 = 11500 × 8 × 4 ÷ 100 = 3680. Therefore the interest earned over 4 years is ₹3,680.
Shortcut: 1% of 11500 is 115; multiply by 8 × 4 = 32.
About this question
- Subject
- Quantitative Aptitude
- Topic
- Simple Interest
- Exam
- SSC CGL 2024
- Attempts on SSC Rank
- Not attempted yet
Appears in: SSC CGL 2024 Tier 1 Question Paper — 9 September, Shift 2
More SSC CGL Simple Interest questions
Last reviewed on 5 Oct 2026. Spotted a mistake? See our correction policy.