SSC CGL Simple Interest question with solution
Simple InterestEasy
What is the simple interest on ₹9,500 at 12% per annum for 4 years?
- (A)₹3,420
- (B)₹5,700
- (C)₹4,940
- (D)₹4,560
Correct answer: (D) ₹4,560
Simple interest = P × R × T ÷ 100 = 9500 × 12 × 4 ÷ 100 = 4560. Therefore the interest earned over 4 years is ₹4,560.
Shortcut: 1% of 9500 is 95; multiply by 12 × 4 = 48.
About this question
- Subject
- Quantitative Aptitude
- Topic
- Simple Interest
- Exam
- SSC CGL
- Attempts on SSC Rank
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Last reviewed on 5 Oct 2026. Spotted a mistake? See our correction policy.