Government SSC General Studies Question:
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On a certain sum of money, the compound interest for 2 years is Rs. 282.15 and the simple interest for the same period of time is Rs. 270. The rate of interest per annum is
(a) 6.07%
(b) 10%
(c) 9%
(d) 12.15%

Government SSC General Studies Interview Question
Government SSC General Studies Interview Question

Answer:

( c ) 9%

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What sum of money at compound interest will amount to Rs. 650 at the end of the first year and Rs. 676 at the end of the second year?

(a) Rs. 600
(b) Rs. 600.25
(c) Rs. 625
(d) Rs. 625.25
If the compound interest on a sum of money for 3 years at the rate of 5% per annum is Rs. 252.20, then the simple interest on the same sum at the same rate and for the same time is

(a) Rs. 220
(b) Rs. 240
(c) Rs. 245
(d) Rs. 250