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SSC MTS Simple Interest Questions

1 question on Simple Interest for SSC MTS, including questions from 2024 papers. Each comes with the correct answer and a worked explanation.

Questions
1
Easy
1

Simple Interest questions with solutions

Q1.Simple InterestEasySSC MTS 2024

What is the simple interest on ₹7,500 at 4% per annum for 5 years?

  1. (A)₹9,000
  2. (B)₹1,500
  3. (C)₹1,875
  4. (D)₹1,800
Show answer and explanation

Correct answer: (B) ₹1,500

Simple interest = P × R × T ÷ 100 = 7500 × 4 × 5 ÷ 100 = 1500. Therefore the interest earned over 5 years is ₹1,500.

Shortcut: 1% of 7500 is 75; multiply by 4 × 5 = 20.

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Frequently asked questions

How many SSC MTS Simple Interest questions can I practise here?

1 question — 1 easy. 1 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 MTS?

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.