Simple Interest
One or Two Questions from Simple Interest Chapter are normally asked in Government Job, sarkari naukri exam like SSC CET, Bank PO, IBPS Clerk. This is a very easy topic and does not require much practice or detail study. With some effort and practicing online students can solve these questions easily.
Simple Interest is the interest calculated only on the Principle Amount.
Under this system of calculating interest remains the same for the same amount.
SI = Principle X Rate of Interest/100
Example: A man lent 60,000, partly at 5% and the rest at 4% simple interest. If the total annual interest is 2560, the money lent at
4% was
a). 40000
b). 44000
c). 30000
d). 45000
Answer: 44000
Example: A sum of money at some rate of simple interest amounts to 2,900 in 8 years and to 3,000 in 10 years. The rate of interest per annum is
a). 4%
b). 2.5
c). 3%
d). 2%
Answer: 2%
It is advisable that candidates join best coaching classes for Sarkari Naukri, Government Jobs from an institute near to them and learn methods and techniques to understand and solve questions from Simple Interest chapter. Candidates for government Job can then practice questions from Simple Interest chapter of Quantitative Aptitude section online. These online test and mock test series for Sarkari Naukri, Government Job helps candidates to evaluate their level of preparation and identify topics in which they need more practice. It also gives them a chance to complete the questions in time bound manner
Online test series from chapter Simple Interest for SSC CET
Online test series from chapter Simple Interest for SSC CGL
Online test series from chapter Simple Interest for Bank PO
Online test series from chapter Simple Interest for Sarkari Naukri
SSC CET Online Previous year question paper for practice
SSC CGL Online Previous year question paper for practice
Bank PO Online Previous year question paper for practice
Bank Clerk Online Previous year question paper for practice
IBPS Clerk Online Previous year question paper for practice
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