{"id":11429,"date":"2018-02-24T12:29:46","date_gmt":"2018-02-24T06:59:46","guid":{"rendered":"https:\/\/cracku.in\/blog\/?p=11429"},"modified":"2018-02-24T12:50:56","modified_gmt":"2018-02-24T07:20:56","slug":"interest-questions-ssc-chsl","status":"publish","type":"post","link":"https:\/\/cracku.in\/blog\/interest-questions-ssc-chsl\/","title":{"rendered":"Interest Questions for SSC CHSL"},"content":{"rendered":"

Interest Questions for SSC CHSL:<\/strong><\/span><\/p>\n

Download Interest questions for SSC exams of SSC CHSL and SSC CGL<\/p>\n

Download Interest Questions for SSC CHSL<\/a><\/p>\n

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Download SSC CHSL 2018 Syllabus PDF<\/a><\/p>\n

Download All SSC CHSL Questions Topic wise PDF<\/a><\/p>\n

Take Free SSC CHSL Mock test 2018<\/a><\/p>\n

Question 1:<\/strong> A shopkeeper marks the price of an article at 80. What will be the selling price, if he allows two successive discounts at 5% each ?<\/p>\n

a) 72.2
\nb) 72
\nc) 85
\nd) 7.2<\/p>\n

Question 2:<\/strong> A sum of money placed at compound interest doubles itself in 4 years. In how many years will it amount to four times itself ?<\/p>\n

a) 12 years
\nb) 13 years
\nc) 8 years
\nd) 16 years<\/p>\n

Question 3:<\/strong> In what time will 8,000, at 3% per annum, produce the same interest as 6, 000 does in 5 years at 4 % simple interest ?<\/p>\n

a) 5 years
\nb) 6 years
\nc) 3 years
\nd) 4 years<\/p>\n

Question 4:<\/strong> The rate of simple interest at which a sum of money becomes three times in 25 years is :<\/p>\n

a) 6%
\nb) 8%
\nc) 5%
\nd) 4%<\/p>\n

Question 5:<\/strong> The simple interest on a sum for 5 years is one fourth of the sum. The rate of interest per annum is<\/p>\n

a) 5%
\nb) 6%
\nc) 4%
\nd) 8%<\/p>\n

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Question 6:<\/strong> If the amount received at the end of 2nd and 3rd year as Compound Interest on a certain Principal is Rs 2100, and Rs 2268 respectively, what is the rate (in %) of interest?<\/p>\n

a) 7
\nb) 8
\nc) 9
\nd) 10<\/p>\n

Question 7:<\/strong> An amount fetched a total simple interest of Rs. 3200 at the rate of 6.25 %\/yr in 4 years. What is the amount (in Rs)?<\/p>\n

a) 13800
\nb) 11800
\nc) 12800
\nd) 14800<\/p>\n

Question 8:<\/strong> The simple interest on Rs. 2000 for 2 years at 7.5% per annum will be<\/p>\n

a) Rs.150
\nb) Rs.300
\nc) Rs.600
\nd) Rs.400<\/p>\n

Question 9:<\/strong> The compound ratio of the inverse ratios of the ratios x : yz , y : zx , z : xy is:<\/p>\n

a) 1 : xyz
\nb) xyz : 1
\nc) 1: 1
\nd) x : yz<\/p>\n

Question 10:<\/strong> The amount of Rs. 10,000 after 2 years, compounded annually with the rate of interest being 10% per annum during the first year and 12% per annum during the second year, would be (in rupees)<\/p>\n

a) 11,320
\nb) 12,000
\nc) 12,320
\nd) 12,500<\/p>\n

SSC CHSL 2018 Syllabus PDF<\/a><\/p>\n

Solutions for Interest Questions for SSC CHSL:<\/strong><\/span><\/p>\n

1) Answer (A)<\/strong><\/p>\n

marked price of article = Rs 80
\nNow as it is given that two successive discounts of 5% are being provided it means after 1st discount price becomes = 0.95 x 80 = 76
\nNow after 2nd 5% discount price becomes = 0.95×76 =Rs 72.2
\nHence selling price = Rs 72.2<\/p>\n

2) Answer (C)<\/strong><\/p>\n

it is given that A sum of money placed at compound interest doubles itself in 4 years
\nhere we need to make the money 4 times
\nimagine that we invested Rs P
\nand hence ,
\nP becomes 2P in 4 years and so this 2P will become 4P in another 4 years and hence total 8 years are required to make Rs P –> Rs 4P<\/p>\n

3) Answer (A)<\/strong><\/p>\n

It is given that Rs 6000 with interest 4% per annum (SI) produces an interest in 5 years = $$\\frac{P \\times R \\times T}{100}$$ = $$\\frac{6000 \\times 4 \\times 5}{100}$$
\n= Rs 1200
\nNow the new principal amount is Rs 8000 and rate of interest is 3 % per annum. Let the time be T years in which same Rs 1200 will be generated as interest.
\n$$\\frac{8000 \\times 3 \\times T}{100}$$ = 1200
\nT = 5 years<\/p>\n

4) Answer (B)<\/strong><\/p>\n

Let the rate of interest be r%
\nas the money is becoming 3 times the investment in 25 years it means we are generating an interest of 2times the principal amount in 25 years
\n2p = $$\\frac{p \\times r \\times t}{100}$$
\nt = 25 years is given
\nr = 8%<\/p>\n

5) Answer (A)<\/strong><\/p>\n

it is given that simple interest on a sum for 5 years is one fourth of the sum
\nlet the sum be Rs P
\nand rate of interest be R%
\nso SI = $$\\frac{PRT}{100}$$
\nT= 5 years
\n$$\\frac{P}{4}$$ = $$\\frac{PR5}{100}$$
\nR = 5%<\/p>\n

SSC CHSL Expected Cutoff 2018<\/a><\/p>\n

6) Answer (B)<\/strong><\/p>\n

Compound interest at the end of 2nd year = Rs. 2100
\nCompound interest at the end of 3rd year = Rs. 2268
\n=> Difference = 2268 – 2100 = Rs. 168
\nThis is the interest obtained on the amount of 2nd year.
\n$$\\therefore$$ Rate of interest, $$r = \\frac{168}{2100} \\times 100 = 8 \\%$$
\n=> Ans – (B)<\/p>\n

7) Answer (C)<\/strong><\/p>\n

$$I=\\frac{PTR}{100}$$
\n$$3200=\\frac{P*4*6.25}{100}$$
\n$$3200=\\frac{25*P}{100}$$
\n$$P=12800$$
\nSo the answer is option C.<\/p>\n

8) Answer (B)<\/strong><\/p>\n

Principal sum =\u00a0P = Rs. 2000
\nRate of interest = 7.5% and time period = 2 years
\nSimple interest = $$\\frac{P \\times r \\times t}{100}$$
\n= $$\\frac{2000 \\times 7.5 \\times 2}{100}$$
\n= $$20 \\times 15=Rs.$$ $$300$$
\n=> Ans – (B)<\/p>\n

9) Answer (B)<\/strong><\/p>\n

Compound ratio\u00a0is the ratio of product of first terms in every ratio to that of product of second term in every ratio.
\nThus, inverse ratios of the ratios of x : yz , y : zx , z : xy
\n= $$\\frac{yz}{x}$$ , $$\\frac{zx}{y}$$ , $$\\frac{xy}{z}$$
\nProduct of ratios = $$\\frac{x^2y^2z^2}{xyz}$$
\n= $$\\frac{xyz}{1}$$
\nThus, compound ratio = xyz\u00a0: 1
\n=> Ans – (B)<\/p>\n

10) Answer (C)<\/strong><\/p>\n

Principal amount = Rs. 10,000
\nRate of interest = 10% for first year and 12% for second year
\n=> Amount after interest = $$10,000 \\times \\frac{110}{100} \\times \\frac{112}{100}$$
\n= $$110 \\times 112=Rs.$$ $$12,320$$
\n=> Ans – (C)<\/p>\n

Practice more on Odd one out<\/a><\/p>\n","protected":false},"excerpt":{"rendered":"

Interest Questions for SSC CHSL: Download Interest questions for SSC exams of SSC CHSL and SSC CGL Download SSC CHSL 2018 Syllabus PDF Download All SSC CHSL Questions Topic wise PDF Take Free SSC CHSL Mock test 2018 Question 1: A shopkeeper marks the price of an article at 80. What will be the selling […]<\/p>\n","protected":false},"author":21,"featured_media":11432,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"om_disable_all_campaigns":false,"_mi_skip_tracking":false,"footnotes":""},"categories":[169,125,378],"tags":[370],"class_list":{"0":"post-11429","1":"post","2":"type-post","3":"status-publish","4":"format-standard","5":"has-post-thumbnail","7":"category-downloads","8":"category-featured","9":"category-ssc-chsl","10":"tag-ssc-chsl-2018"},"better_featured_image":{"id":11432,"alt_text":"Interest Questions for SSC CHSL","caption":"Interest Questions for SSC CHSL","description":"Interest Questions for SSC 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