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<html><body><h2 id="content-id-9340581267-2"><b>Simple Interest Questions Overview</b></h2><p>Simple Interest Questions have a good weightage in the Ssc Cgl Exam and the type of question asked in Ssc Cgl exam is similar to the question mentioned below. It has been solved and explained by KD Live Experts under the guidance of Neetu Mam and they have tried to elaborate the concept used in Simple Interest Questions.</p><h2 id="content-id-5891432760-3"><b>Question On Simple Interest </b></h2>A part of â&#130;¹48,500 is invested at a simple interest of 15% per annum. The rest of the money is invested at the rate of 10% simple interest per annum after 2 years of the first investment. The ratio of interest after 5 years from the time when the first amount was invested is 5 : 3. How much is the second part that was invested( in â&#130;¹) at the rate of 10% simple interest?
<div class="row show--dificulty--bar" style="margin-top:8px;"><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex !important;border-right:0.1px solid #eee;"><h3 style="font-size:12px !important;">Difficulty : Easy </h3></div><div class="col-sm-6 show--dificulty--bar" style="display:inline-flex;"><h3 style="font-size:12px !important;"> Average Time : 44 Seconds </h3></div></div><h2 id="content-id-5480237619-4"><b> Simple Interest Questions Options</b></h2><ol><li><p>29100</p>
</li><li><p>20940</p>
</li><li><p>19400</p>
</li><li><p>24900</p>
</li></ol> <h2 id="content-id-2169057483-5"><b> Simple Interest Questions Solution</b></h2><p>The corret answer is <strong>option 1 </strong>i.e.<strong> 29100</strong>.</p>

<p>Given that, amount = â&#130;¹48,500</p>

<p>SI = <span class="math-tex">\({P \times R \times T}\over 100\)</span></p>

<p>Let the amount to be invested at 15% interest rate be â&#130;¹x.</p>

<p>Remaining amount to be invested at 10% interest rate = 48500 - x</p>

<p>According to the given question,</p>

<p><span class="math-tex">\({{x \times 15 \times 5} \over {(48500 - x) \times 10 \times 3}} = {5 \over 3}\)</span></p>

<p>⇒ 15x = 10(48500 - x)</p>

<p>⇒ 15x = 485000 - 10x</p>

<p>⇒ 25x = 485000</p>

<p>⇒ x = 19400</p>

<p>Now, amount invested at the rate of 10% = 48500 - x</p>

<p>⇒ 29100</p>

<p>Hence the second part that was invested( in â&#130;¹) at the rate of 10% simple interest is <strong>29100</strong>.</p>
<h2 id="content-id-0453678129-6"><b> Simple Interest Questions Tips and Tricks</b></h2><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Simple_Interest_Questions_Tips_and_Tricks.png" alt="Simple Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Simple Interest Questions without taking any help from the solutions.</li><li>Simple Interest Questions require proper usage of concept so firstly read the question thoroughly and then use the right concept. </li><li>In case you're not able to solve the question in less than 30 seconds in the exam then you should skip the question and move to the next question.</li></ol><h3><b>Daily Current Affairs </b></h3><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Daily_Current_Affairs.png" alt="Daily Current Affairs" height="260" width="480"><p>KD Live is providing Current Affairs on a daily basis for SSC and a current affairs quiz too for the practice. 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The corret answer is option 1 i.e. 2910 - Simple Interest Questions are asked in Ssc Cgl exams and your question has been explained by experts like Neetu Mam.

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