Simple Interest Questions for SSC Exam /topics/simple-interest 
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550 viewsSimple Interest
Simple interest is the most important part of the mathematics subject and often questions are asked in all competitive examinations. When a person borrows money from another person or from a bank, they have to pay interest at a fixed rate from time to time. But, when interest is charged only on the principal, at the same rate for a fixed period of time, then it is called simple interest. Simple interest is calculated only by the formula. Candidates can practice simple interest-based questions given here to get high marks in this topic, which will help you to get full marks in this topic.
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Simple Interest Questions are accessible here to assist understudies with learning the recipe and how to apply the straightforward Simple Interest equation in different issues, including genuine situations.
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What would be the simple interest obtained on an amount of `6,535 at the rate of 10 % p.a. (percent per annum) after 6 years?
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Answer : 2 3921
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At what rate of simple interest will a sum of money double in 8 years?
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Answer : 3 12.5%
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Answer : 3 Rs. 20160
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A property fetches a net annual income of ₹1000 deducting all outgoings. The capitalized value of the property for the rate of interest 6% will be (in ₹) -
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Answer : 1 ₹16667.00
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If a sum of Rs. 12500 is invested for 1 year at 12% per annum interest being compounded semi-annually, then interest earned is
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