SSC GD Simple Interest Questions
2 questions on Simple Interest for SSC GD, including questions from 2024 papers. Each comes with the correct answer and a worked explanation.
- Questions
- 2
- Easy
- 2
Simple Interest questions with solutions
What is the simple interest on ₹11,500 at 6% per annum for 3 years?
- (A)₹2,070
- (B)₹13,570
- (C)₹2,415
- (D)₹2,760
Show answer and explanation
Correct answer: (A) ₹2,070
Simple interest = P × R × T ÷ 100 = 11500 × 6 × 3 ÷ 100 = 2070. Therefore the interest earned over 3 years is ₹2,070.
Shortcut: 1% of 11500 is 115; multiply by 6 × 3 = 18.
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
Show answer and explanation
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.
Frequently asked questions
How many SSC GD Simple Interest questions can I practise here?
2 questions — 2 easy. 2 are shown on this page with answers and explanations, and the practice set draws from all of them.
How should I practise Simple Interest for SSC GD?
Read through a few solved questions first to see the method, then take a timed practice set. Afterwards, check which questions you got wrong or spent longest on and redo those before moving on.