Previous Year Questions on Compound Interest | SSC CGL

1. At what percent per annum will Rs. 3000/- amounts to Rs. 3993/- in 3 years if the interest is compounded annually?

(a). 9%                                                      (b). 10%
(c). 11%                                                    (d). 13%
(SSC CGL Prelim Exam. 27.02.2000)
(First Sitting) & SSC SAS Exam. 26.06.2010(Paper-1) 

2. The Compounded Interest on Rs.10000 in 2 years at 4% per annum, the interest being compounded half-yearly, is?

(a). Rs.636.80%                                         (b). Rs.824.32
(c). Rs. 912.86                                          (d). Rs.828.82
(SSC CGL Prelim Exam. 27.02.2000)
(Second Sitting)  

3.In how Many year will Rs. 2000/- amounts to Rs. 2420/- per annum compound Interest?

(a). 3 Years                                               (b). (5/2) Years
(c). 2 Years                                               (d). (3/2) Years
(SSC CGL Prelim Exam. 27.02.2000 /13.11.2005)
(Second Sitting)

4.In What time will Rs. 1000 becomes Rs. 1331 at 10% per annum compounded annually?

(a). 3 Years                                               (b). (5/2) Years
(c). 2 Years                                               (d). (7/2) Years
(SSC CGL Prelim Exam. 08.02.2004 - Second Sitting)
(SSC MTS Exam. 24.03.2014 - First Sitting)

5.The principal, which will amount to Rs. 270.40 in 2 Year at the rate of 4% per annum compound Interest, is?

(a). Rs.200                                               (b). Rs.225
(c). Rs.250                                               (d). Rs.220
(SSC CPO S.I Exam. 05.09.2004)

 6. A sum of money on compound Interest amounts to Rs.10648 in 3 years and Rs.9680 in 2 years. The rate of interest per annum is

(a). 5%                                                       (b). 10%

(c). 15%                                                     (d). 20%

(SSC CPO S.I Exam. 26.05.2005)

7. At what rate per cent per annum will2304 amount to 2500 in 2 years at compound Interest

(a). (9/2)%                                                       (b). (21/5)%

(c). (25/6)%                                                     (d). (13/3)%

(SSC CPO S.I Exam. 05.09.2004)

(SSC CGL Prelim Exam. 13.11.2005- First Sitting)

8. A sum becomes 1.352 in 2 years at 4% per annum compound Interest. The sum is

(a). Rs.1,225                                                    (b). Rs.1,270

(c). Rs.1,245                                                    (d). Rs.1,250

(SSC CGL Prelim Exam. 11.05.2003 - Second Sitting)

(SSC CGL Prelim Exam. 13.11.2005 - Second Sitting) 

(88C CISF ASI Exam. 29.08.2010)

9. The compound interest on Rs.16,000 for 9 months at 20% per annum, interest being compounded quarterly. Is

(a). Rs.2,520                                                    (b). Rs.2,524

(c). Rs.2,522                                                    (d). Rs.2,518

(SSC CPO S.I. Exam. 03.09.2006)

10. If the rate of interest be 4% per annum for the first year, 5% per annum for the second year and 6% per annum for the third year, then the compound interest of Rs.10.000?

(a). Rs.1,600                                                     (b). Rs.1,625.80

(c). Rs. 1,575.20                                                (d). Rs.2,000

(SSC CPO S.I. Eram. 03.09.2008)

Answers

1. (b). 10%
2. (b). 824.32
3. (c). 2 Years
4. (a). 3 Years
5. (c). Rs.250
6. (b). 10%
7. (c). (25/6)%
8. (d). Rs.1,250
9. (c). Rs.2,522
10. (c). Rs.1,575.20