SSC CHSL Simple Interest question with solution
Simple InterestEasySSC CHSL 2024
What is the simple interest on ₹8,500 at 8% per annum for 4 years?
- (A)₹2,720
- (B)₹2,040
- (C)₹3,400
- (D)₹3,060
Correct answer: (A) ₹2,720
Simple interest = P × R × T ÷ 100 = 8500 × 8 × 4 ÷ 100 = 2720. Therefore the interest earned over 4 years is ₹2,720.
Shortcut: 1% of 8500 is 85; multiply by 8 × 4 = 32.
About this question
- Subject
- Quantitative Aptitude
- Topic
- Simple Interest
- Exam
- SSC CHSL 2024
- Attempts on SSC Rank
- Not attempted yet
Appears in: SSC CHSL 2024 Tier 1 Question Paper — 2 July, Shift 1
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Last reviewed on 5 Oct 2026. Spotted a mistake? See our correction policy.