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SSC CHSL Simple Interest question with solution

Simple InterestEasySSC CHSL 2024

What is the simple interest on ₹6,500 at 8% per annum for 3 years?

  1. (A)₹1,755
  2. (B)₹8,060
  3. (C)₹1,560
  4. (D)₹2,080

Correct answer: (C) ₹1,560

Simple interest = P × R × T ÷ 100 = 6500 × 8 × 3 ÷ 100 = 1560. Therefore the interest earned over 3 years is ₹1,560.

Shortcut: 1% of 6500 is 65; multiply by 8 × 3 = 24.

About this question

Subject
Quantitative Aptitude
Topic
Simple Interest
Exam
SSC CHSL 2024
Attempts on SSC Rank
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Appears in: SSC CHSL 2024 Tier 1 Question Paper — 1 July, Shift 1

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Last reviewed on 5 Oct 2026. Spotted a mistake? See our correction policy.