SSC CGL Simple Interest question with solution
Simple InterestEasy
What is the simple interest on ₹12,000 at 10% per annum for 3 years?
- (A)₹2,400
- (B)₹15,600
- (C)₹4,800
- (D)₹3,600
Correct answer: (D) ₹3,600
Simple interest = P × R × T ÷ 100 = 12000 × 10 × 3 ÷ 100 = 3600. Therefore the interest earned over 3 years is ₹3,600.
Shortcut: 1% of 12000 is 120; multiply by 10 × 3 = 30.
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.