SSC CGL Simple Interest question with solution
Simple InterestEasySSC CGL 2024
What is the simple interest on ₹10,000 at 6% per annum for 4 years?
- (A)₹12,400
- (B)₹3,000
- (C)₹2,400
- (D)₹2,800
Correct answer: (C) ₹2,400
Simple interest = P × R × T ÷ 100 = 10000 × 6 × 4 ÷ 100 = 2400. Therefore the interest earned over 4 years is ₹2,400.
Shortcut: 1% of 10000 is 100; multiply by 6 × 4 = 24.
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 2 Question Paper — 18 January, Shift 1
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Last reviewed on 5 Oct 2026. Spotted a mistake? See our correction policy.