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<html><body><h2 id="content-id-8963025714-2"><b>Interest Questions Overview</b></h2><p>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 Interest Questions.</p><h2 id="content-id-5241097638-3"><b>Question On Interest </b></h2> The simple interest on a sum for 6 years is three-fifth of the sum. The rate of interest per annum is:
<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 : 32 Seconds </h3></div></div><h2 id="content-id-9074286135-4"><b> Interest Questions Options</b></h2><ol><li><p>3%</p>
</li><li><p>7%</p>
</li><li><p>10%</p>
</li><li><p>5%</p>
</li></ol> <h2 id="content-id-5420931687-5"><b> Interest Questions Solution</b></h2><p>The correct answer is <strong>option 3</strong> i.e. <strong>10%</strong>.</p>

<p>Simple Interest = (P × R × T)/100</p>

<p>Where, P = Principal; R = Rate of interest per annum; T = Total time</p>

<p>Let Principal (P) = 5x</p>

<p>So, total simple interest (I) = 3x</p>

<p>Time (T) = 6 years</p>

<p>Now, 3x = (5x × R × 6)/100 = 3xR/10</p>

<p>⇒ R = 10</p>

<p>Therefore, the rate of interest per annum is 10%.</p>
<h2 id="content-id-9716034582-6"><b> Interest Questions Tips and Tricks</b></h2><img loading="lazy" src="https://study.kdcampus.live/questions-blog-pdf/Interest_Questions_Tips_and_Tricks.png" alt="Interest Questions Tips and Tricks" height="260" width="480"><ol><li>Try to solve Interest Questions without taking any help from the solutions.</li><li>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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More than 10 lakh aspirants have cleared competitive exams under the guidance of Neetu Mam. Study.kdcampus.live is providing free information on various topics and for the Ssc Cgl Exam you can refer the following link <a href="https://study.kdcampus.live/ssc-cgl" target="_blank">Click Here</a> however if you want to practice more questions then please refer the following link <a href="https://study.kdcampus.live/question-answer" target="_blank">Click Here</a>.<h3><b>About Neetu Mam</b></h3>Neetu Mam is primarily passionate for the English language and teaching from the last 20 years however for the Interest Questions. She has guided her team to provide the best explanation for the question.</body></html>


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The correct answer is option 3 i.e. 10% - Interest Questions are asked in Ssc Cgl exams and your question has been explained by experts like Neetu Mam.

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