SSC GD Simple Interest question with solution
Simple InterestEasySSC GD 2024
What is the simple interest on ₹12,000 at 5% per annum for 4 years?
- (A)₹14,400
- (B)₹2,400
- (C)₹2,880
- (D)₹3,000
Correct answer: (B) ₹2,400
Simple interest = P × R × T ÷ 100 = 12000 × 5 × 4 ÷ 100 = 2400. Therefore the interest earned over 4 years is ₹2,400.
Shortcut: 1% of 12000 is 120; multiply by 5 × 4 = 20.
About this question
- Subject
- Quantitative Aptitude
- Topic
- Simple Interest
- Exam
- SSC GD 2024
- Attempts on SSC Rank
- Not attempted yet
Appears in: SSC GD 2024 Computer Based Examination Question Paper — 20 February, Shift 1
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Last reviewed on 5 Oct 2026. Spotted a mistake? See our correction policy.