- The simple interest on a sum for a certain number of years, same as the rate percentage of the interest, is equal to the sum itself. The number of years is equal to: [MTS 02 AUG 2020 SHIFT 1]
A. 5
B. 10
C. 8
D. 1
2. In how many years will a money become triple of itself at the rate of 10% per annum simple interest? MTS 21 AUG 2020 SHIFT 1]
A. 25
B. 20
C. 15
D. 18
3. At what rate of simple interest per annum will a sum triple itself in 30 years? [Give your answer correct to 2 decimal places.] SSC MTS 11 JULY 2022 1ST SHIFT
A. 3.33%
B. 6.67%
C. 8.33%
D. 4.75% Answer: B
4. A certain sum of money amounts to 1.5 of itself in 2 years applying simple interest. Find the rate of simple interest per annum . SSC MTS 22 JULY 2022 SHIFT-1
A. 25%
B. 15%
C. 16%
D. 26% Answer: A
5. A sum of money becomes double of itself in 50 months when invested on simple interest. What is the rate of interest per annum? [MTS 07 AUG 2020 SHIFT 3]
A. 26%
B. 25%
C.20%
D. 24%
6. If the ratio of principal and the simple interest for 5 years is 10 : 7, then the rate of interest (per annum) is: [MTS 09 AUG 2020 SHIFT 1]
A. 15%
B. 20%
C.10%
D. 14%
7. If the total simple interest received on a sum for 25 years is 5/8 of the principal, what is the rate of simple interest paid per annum? SSC MTS 19 JULY 2022 SHIFT-1
A. 2.5%
B. 2%
C. 3.5%
D 3% Answer: A
8. A sum of money, when invested at the rate of 6.25% simple interest per annum, amounts to times of itse lf in ‘n’ years. What is the value of ‘n’?
A. 6
B. 8
C. 5
D 7 Answer: A
9. Simple interest on a certain sum is 54/75 of the sum. What is the rate of interest per annum if the value of the rate of interest per annum is half the time period (in years) of investment? SSC MTS 14 JULY 2022 2ND SHIFT
A. 6.5%
B 6%
C. 7.5%
D. 7% Answer: B
10. Simple interest on a certain sum is of the sum. What is the rate of interest per annum if the value of the rate of interest per annum is half the time period (in years) of investment?
A. 6.5%
B. 6%
C. 7.5%
D. 7% Answer: B 14 july s-2
11. A fixed amount is lent at a rate of x% simple interest per annum for x/3 years. The simple interest of the amount is equal to one third of the amount. What is the value of x? [MTS 20 AUG 2020 SHIFT 2]
A. 12
B.10
C. 9
D. 6
12. If a sum triples in 4 years at simple interest, find the time that it would take to become 5 times itself at the same rate of interest. SSC MTS 11 JULY 2022 2ND SHIFT
A. 5 years
B. 6 years
C. 8 years
D. 3 years Answer: C
13. A sum doubles in seven years at simple interest. In how many years will the sum become five times the original sum? [MTS 09 AUG 2020 SHIFT 2]
A. 35
B. 21
C. 28
D. 30
14. Find the value of the interest earned on a sum of ₹6,000 for 5 years at 8.4% simple interest rate per annum . SSC MTS 25 JULY 2022 SHIFT-2
A. ₹2,520
B. ₹2,252
C. ₹2,220
D ₹2,250 Answer: A
15. What is the simple interest on ₹ 35000 at 18/7 % per annum for a period of 9 months? [MTS 22 AUG 2020 SHIFT 1]
A. ₹ 675
B. ₹ 600
C. ₹ 875
D. ₹ 700
16. Find the sum of money which must be invested at simple interest for 8 months at 6% per annum in order to earn ₹250 as interest. SSC MTS 8 JULY 2022 2ND SHIFT
A. ₹6,550
B. ₹6,225
C. ₹7,250
D. ₹6,250 Answer: D
17. What sum of money should be invested to earn a simple interest of ₹5,040 in 3 years and 6 months at 12% rate of interest per annum?
A. ₹9,000
B. ₹11,000
C. ₹15,000
D. ₹12,000 Answer: D 15 july s-2
18. How much amount can a person get on a sum of ₹6,600, if it is invested at 6.2% per annum for a period of 2 years 6 months on simple interest? SSC MTS 8 JULY 2022 3RD SHIFT
A. ₹7,222
.B ₹7,623
C. ₹7,852
D. ₹7,546 Answer: B
19. Ramesh borrowed ₹ 12000 at the rate of 13% per annum simple interest. What amount will Ramesh pay in 5 years to repay the loan? [MTS 09 AUG 2020 SHIFT 3]
A. ₹ 18800
B. ₹ 20000
C.₹ 19800
D. ₹ 18600
20. The amount received after 8 years on a certain sum of money invested at the rate of 18% simple interest per annum is ₹1,220. What was the initial sum invested? MTS 14 JULY 2022 1ST SHIFT
A ₹500 B ₹480 C ₹420 D ₹450 Answer: A
21. A sum of money, when invested at the rate of 15% per annum at simple interest, amounts to ₹26,000 in 2 years. What is the simple interest that accrued during these 2 years? SSC MTS 20 JULY 2022 SHIFT-3
A ₹7,500 B ₹6,000 C ₹6,500 D ₹8,800 Answer: B
22. Ramya lent a certain sum of money at 4% simple interest to Seema and in 8 years the interest amounted to ₹3,400 less than the sum lent. Find the sum lent by Ramya to Seema. SSC MTS 19 JULY 2022 SHIFT-3
A ₹3,050 B ₹6,100 C ₹8,200 D ₹5,000 Answer: D
23. A person borrowed an amount at 8% annual simple interest and in 8 years, the interest received was ₹ 5,490, which was less than the amount borrowed. This amount was: [MTS 20 AUG 2020 SHIFT 1] (a) ₹ 15,500 (b) ₹ 15,250 (c) ₹ 14,280 (d) ₹ 15,600
24. How long will it take for the principal of ₹ 640 to become an amount of ₹ 768 with a simple interest rate of 2.5% per annum? [MTS 16 AUG 2020 SHIFT 2] (a) 10 years (b) 8 years (c) 9 years (d) 11 years
25. In what time will ₹13,000 lent at 4 per cent per annum on simple interest amount to ₹13,780? SSC MTS 19 JULY 2022 SHIFT-2
A 1 year 6 months B 2 year 6 months C 2 year 3 months D 1 year 5 months Answer: A
26. A sum of ₹2,400 gives a simple interest of ₹504 in 3 years. Find the rate of interest per annum. SSC MTS 20 JULY 2022 SHIFT-1
A 6% B 10% C 5% D 7% Answer: D