SSC MTS Simple & Compound Interest Questions

The difference between compound interest and simple interest on a sum for 2 years at 12% per annum is ₹144. What is the principal?

₹8,000 is lent at 5% per annum compound interest. The difference between CI and SI for 3 years is ₹61. What is the compound interest for 3 years?

If ₹15,000 amounts to ₹18,600 at simple interest in 2 years, what is the rate of interest per annum?

A sum of ₹12,000 becomes ₹15,600 in 3 years at simple interest. What is the rate of interest per annum?

A principal amount earns ₹400 as simple interest in 2 years at 8% per annum. If the same principal is invested at 8% compound interest for 2 years, how much more interest will be earned?

A sum of ₹5,000 is invested at 10% per annum for 2 years. What is the difference between the compound interest and simple interest earned?

A sum of ₹6,000 is invested at 15% per annum. The simple interest for 1 year is ₹900. If the same sum is invested at compound interest for 1 year at the same rate, what is the difference between CI and SI?

The difference between compound interest and simple interest on ₹4,000 for 2 years is ₹40. What is the rate of interest per annum?

Priya lent ₹8,000 to her friend at 5% simple interest per annum. After how many years will the interest amount to ₹2,000?

Arun invested ₹20,000 at 6% simple interest per annum. What will be the total amount after 4 years?

Rajesh borrowed ₹5,000 at a simple interest rate of 8% per annum. How much interest will he pay after 3 years?

Two sums of money are in the ratio 3:4. If both are invested at 10% simple interest per annum, after 5 years the difference in their interests will be ₹500. What is the larger sum?

At what rate per annum will ₹5,000 become ₹6,050 in 2 years at compound interest?

Priya lent ₹20,000 to Rahul at 9% simple interest per annum. Rahul repaid ₹2,700 as interest after some time. For how many months did Rahul borrow the money?

The difference between compound interest and simple interest on ₹10,000 for 2 years at 5% per annum is:

A sum of ₹8,000 is invested at 10% per annum compound interest. What will be the amount after 2 years?

A principal amount becomes ₹1,44,000 after 2 years at 20% per annum compound interest. What was the original principal?

A sum of money doubles itself in 5 years at compound interest. In how many years will it become 8 times at the same rate?

₹6,000 is invested at 15% per annum compound interest for 1 year, compounded half-yearly. What is the amount at the end of the year?

A person invests ₹12,000 at 7.5% simple interest per annum. In how many months will the interest earned be ₹1,800?

Study by Subtopic — Simple & Compound Interest