{"id":75944,"date":"2024-01-29T15:46:46","date_gmt":"2024-01-29T10:16:46","guid":{"rendered":"https:\/\/www.practicemock.com\/blog\/?p=75944"},"modified":"2025-11-25T15:22:27","modified_gmt":"2025-11-25T09:52:27","slug":"sbi-clerk-mains-simple-compound-interest-important-practice-questions","status":"publish","type":"post","link":"https:\/\/www.practicemock.com\/blog\/sbi-clerk-mains-simple-compound-interest-important-practice-questions\/","title":{"rendered":"SBI Clerk Mains Simple & Compound Interest Important Practice Questions"},"content":{"rendered":"\n

SBI Clerk mains 2023 exam date is not out yet, however candidates must be preparing hard for the upcoming SBI Clerk mains exam. We will update the candidates once the exam dates are out, but for now we are here with some SBI Clerk mains simple & compound interest important practice questions which candidates must practice to know the preparation level of the quant section. These simple interest and compound interest questions are important as these will give you an idea as to what kinds of questions can be prepared for the SBI Clerk mains exam. <\/p>\n\n\n\n

SBI Clerk Mains Exam Pattern<\/h3>\n\n\n\n
Serial Number<\/strong><\/td>Section<\/strong><\/td>No. of Question<\/strong><\/td>Total Marks<\/strong><\/td>Duration<\/strong><\/td><\/tr>
1.<\/td>General English<\/td>40<\/td>40<\/td>35 minutes<\/td><\/tr>
2.<\/td>Quantitative Aptitude<\/td>50<\/td>50<\/td>45 minutes<\/td><\/tr>
3.<\/td>Reasoning Ability and Computer Aptitude<\/td>50<\/td>60<\/td>45 minutes<\/td><\/tr>
4.<\/td>General\/Financial Awareness<\/td>50<\/td>50<\/td>35 minutes<\/td><\/tr>
Total<\/td>190<\/td>200<\/td>2 hours 40 minutes<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Compound interest and Simple interest:<\/strong><\/h3>\n\n\n\n

Compound interest:<\/strong>
Interest = Amount \u2013 Principal<\/p>\n\n\n\n

If Rs. \u2018P\u2019 is invested at a rate of \u2018r%\u2019 p.a. compounded annually for \u2018t\u2019 years, then the amount received after \u2018t\u2019 years will be = P \u00d7 {1 + (r\/100)}t<\/sup><\/p>\n\n\n\n

If the interest is not compounded annually, then<\/p>\n\n\n\n

Effective rate of interest = Actual rate \u00f7 Number of times the interest is compounded in a year<\/p>\n\n\n\n

Effective time period = Actual time period \u00d7 Number of times the interest is compounded in a year<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

Simple interest:<\/strong><\/p>\n\n\n\n

If Rs. \u2018P\u2019 is invested at simple interest of \u2018r%\u2019 p.a. for \u2018t\u2019 years, then the amount received after \u2018t\u2019 years will be = P + {(P \u00d7 r \u00d7 t)\/100}<\/p>\n\n\n\n

And, the simple interest received = {(P \u00d7 r \u00d7 t)\/100}<\/p>\n\n\n\n

Relationship between simple interest (SI) and compound interest (CI):<\/p>\n\n\n\n

When a principal (P) is invested at the rate of \u2018r%\u2019 p.a., then<\/p>\n\n\n\n

Difference between SI and CI after two years = P \u00d7 (r\/100)2<\/sup> <\/p>\n\n\n\n

Difference between SI and CI after three years = P \u00d7 (r\/100)2<\/sup> \u00d7 {(r\/100) + 3}<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

SBI Clerk Mains Simple & Compound Interest Important Practice Questions<\/h2>\n\n\n\n

Question 1:<\/strong> Ramesh invested a certain sum of money in a scheme which is offering 12% compound interest for the first 2 years and 10% simple interest for the next 5 years on the accumulated amount. Find the amount invested by Ramesh if the total interest earned by him at the end of 7 years is Rs. 6,612.<\/p>\n\n\n\n

A) Rs. 7,500<\/p>\n\n\n\n

B) Rs. 7,800<\/p>\n\n\n\n

C) Rs. 8,000<\/p>\n\n\n\n

D) Rs. 8,200<\/p>\n\n\n\n

E) None of these<\/p>\n\n\n\n

Question 2:<\/strong> Pooja invested Rs. 10,000 in a scheme offering 20% compound interest compounded annually for three years. Rohit invested Rs. 12000 in another scheme offering 25% compound interest for 2 years. Find the difference between the interests earned by Pooja and Rohit.<\/p>\n\n\n\n

A) Rs. 530<\/p>\n\n\n\n

B) Rs. 625<\/p>\n\n\n\n

C) Rs. 710<\/p>\n\n\n\n

D) Rs. 795<\/p>\n\n\n\n

E) None of these<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

Question 3:<\/strong> Varun invested Rs. \u2018x\u2019 in a scheme offering 10% compound interest for three years compounded annually. Karan invested Rs. \u2018x + 3000\u2019 in a scheme offering 12% compound interest for two years compounded annually. Find the value of \u2018x\u2019 if the interest earned by Varun is Rs. 227 less than the interest earned by Karan.<\/p>\n\n\n\n

A) Rs. 7,000<\/p>\n\n\n\n

B) Rs. 9,000<\/p>\n\n\n\n

C) Rs. 12,000<\/p>\n\n\n\n

D) Rs. 15,000<\/p>\n\n\n\n

E) None of these<\/p>\n\n\n\n

Question 4:<\/strong> Amit invested Rs. 25,000 in a scheme offering 12% compound interest compounded annually, whereas Rajeev invested Rs. 20,000 in a scheme offering 15% compound interest compounded annually. Find the difference between the interests earned by Amit and Rajeev after two years.<\/p>\n\n\n\n

A) Rs. 90<\/p>\n\n\n\n

B) Rs. 150<\/p>\n\n\n\n

C) Rs. 120<\/p>\n\n\n\n

D) Rs. 110<\/p>\n\n\n\n

E) None of these<\/p>\n\n\n\n

Question 5:<\/strong> A man deposited a total amount of Rs. 24000 in two schemes, A and B. Scheme A offers simple interest at the rate of 12% p.a. while scheme B offers compound interest at the rate of 20% p.a. compounded annually. If the interest earned from scheme A after 2 years is Rs. 660 more than the interest earned from scheme B after 2 years, then find the amount deposited in scheme B.<\/p>\n\n\n\n

A) Rs. 7200<\/p>\n\n\n\n

B) Rs. 7500<\/p>\n\n\n\n

C) Rs. 8000<\/p>\n\n\n\n

D) Rs. 8400<\/p>\n\n\n\n

E) None of these<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

Question 6:<\/strong> When Rs. \u2018x\u2019 is invested at 24% p.a. simple interest for 4 years, the interest received is Rs. (x \u2013 130). Find the interest received when Rs. (x + 250) is invested at 20% p.a. compound interest, compounded annually for 2 years.<\/p>\n\n\n\n

I. Rs. {(x\/2) \u2013 85}<\/p>\n\n\n\n

II. Rs. {(x\/5) + 860}<\/p>\n\n\n\n

III. Rs. (2x \u2013 4980)<\/p>\n\n\n\n

A) Only I<\/p>\n\n\n\n

B) Only II and III<\/p>\n\n\n\n

C) Only III<\/p>\n\n\n\n

D) Only I and II<\/p>\n\n\n\n

E) Only II<\/p>\n\n\n\n

Question 7:<\/strong> The sum of the interest received on a sum of Rs. \u2018x\u2019 when invested at 20% simple interest for 2 years, and the same sum at the same rate and for same time period at compound interest, compounded annually is Rs. 1260. Find the amount received from the investment at simple interest.<\/p>\n\n\n\n

I. Rs. (2x \u2013 900)<\/p>\n\n\n\n

II. Rs. {(x\/2) + 1350}<\/p>\n\n\n\n

III. Rs. (x + 700)<\/p>\n\n\n\n

A) Only II<\/p>\n\n\n\n

B) Only I and III<\/p>\n\n\n\n

C) Only I<\/p>\n\n\n\n

D) Only I and II<\/p>\n\n\n\n

E) Only II and III<\/p>\n\n\n\n

Question 8:<\/strong> Rajneesh Invested Rs. x in a scheme at the rate of 15% for 2 year and received a total simple interest of Rs. 3750. If he had invested Rs. (x + 5500) for same period of time at the rate of 10% for 1st<\/sup> year and at 15% for 2nd<\/sup> year on compounded annually, then find the total compound interest earned by Rajneesh after 2 year?<\/p>\n\n\n\n

A) Rs. 4520<\/p>\n\n\n\n

B) Rs. 4260<\/p>\n\n\n\n

C) Rs. 5220<\/p>\n\n\n\n

D) Rs. 4770<\/p>\n\n\n\n

E) None of these<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

Question 9:<\/strong> Amish invested Rs. 14000 at simple interest at the rate of R% p.a. for 2 years and receive an interest of Rs. 2000. If he invested total amount (Principal + Interest) in a scheme, which offered compound interest at the rate of (R + 20\/7)%, compounded annually, then find the total compound interest received by Amish after 2 years?<\/p>\n\n\n\n

A) Rs. 3630<\/p>\n\n\n\n

B) Rs. 3360<\/p>\n\n\n\n

C) Rs. 3520<\/p>\n\n\n\n

D) Rs. 3410<\/p>\n\n\n\n

E) Rs. 3240<\/p>\n\n\n\n

Question 10:<\/strong> Abhishek and Aditya invested Rs. 7250 and Rs. 7500 at a rate of R% p.a. simple interest and (R + 12)% p.a. simple interest respectively and total interest obtained by them at the end of 3 years is Rs. 8010. Find the interest obtained if Arjun invested Rs. 8000 at compound interest of (R + 3)% p.a., compounded annually for 2 years.<\/p>\n\n\n\n

A) Rs. 2580<\/p>\n\n\n\n

B) Rs. 2080<\/p>\n\n\n\n

C) Rs. 2880<\/p>\n\n\n\n

D) Rs. 2850<\/p>\n\n\n\n

E) None of these<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

\u092a\u094d\u0930\u0936\u094d\u0928 1:<\/strong> Ramesh \u0928\u0947 \u090f\u0915 scheme \u092e\u0947\u0902 \u090f\u0915 \u0928\u093f\u0936\u094d\u091a\u093f\u0924 \u0930\u093e\u0936\u093f \u0928\u093f\u0935\u0947\u0936 \u0915\u0940 \u091c\u094b \u092a\u0939\u0932\u0947 2 \u0935\u0930\u094d\u0937\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f 12% \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u0914\u0930 \u0938\u0902\u091a\u093f\u0924 \u0930\u093e\u0936\u093f \u092a\u0930 \u0905\u0917\u0932\u0947 5 \u0935\u0930\u094d\u0937\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f 10% \u0938\u093e\u0927\u093e\u0930\u0923 \u092c\u094d\u092f\u093e\u091c \u092a\u094d\u0930\u0926\u093e\u0928 \u0915\u0930\u0924\u0940 \u0939\u0948 | \u092f\u0926\u093f 7 \u0935\u0930\u094d\u0937 \u0915\u0947 \u0905\u0902\u0924 \u092e\u0947\u0902 \u0909\u0938\u0915\u0947 \u0926\u094d\u0935\u093e\u0930\u093e \u0905\u0930\u094d\u091c\u093f\u0924 \u0915\u0941\u0932 \u092c\u094d\u092f\u093e\u091c Rs. 6,612 \u0939\u0948, \u0924\u094b Ramesh \u0926\u094d\u0935\u093e\u0930\u093e \u0928\u093f\u0935\u0947\u0936 \u0915\u0940 \u0917\u0908 \u0930\u093e\u0936\u093f \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902 ?<\/p>\n\n\n\n

A) Rs. 7,500<\/p>\n\n\n\n

B) Rs. 7,800<\/p>\n\n\n\n

C) Rs. 8,000<\/p>\n\n\n\n

D) Rs. 8,200<\/p>\n\n\n\n

E) \u0907\u0928\u092e\u0947\u0902 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n

\u092a\u094d\u0930\u0936\u094d\u0928 2:<\/strong> Pooja \u0928\u0947 \u0924\u0940\u0928 \u0935\u0930\u094d\u0937 \u0915\u0947 \u0932\u093f\u090f \u090f\u0915 scheme \u092e\u0947\u0902 Rs. 10,000, \u0938\u0932\u093e\u0928\u093e 20% \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u092a\u0930 \u0928\u093f\u0935\u0947\u0936 \u0915\u093f\u092f\u0947 | Rohit \u0928\u0947 \u0926\u094b \u0935\u0930\u094d\u0937 \u0915\u0947 \u0932\u093f\u090f \u090f\u0915 \u0905\u0928\u094d\u092f scheme \u092e\u0947\u0902 Rs. 12000, 25% \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u092a\u0930 \u0928\u093f\u0935\u0947\u0936 \u0915\u093f\u092f\u093e | Pooja \u0914\u0930 Rohit \u0915\u0947 \u0905\u0930\u094d\u091c\u093f\u0924 \u092c\u094d\u092f\u093e\u091c \u0915\u0947 \u092c\u0940\u091a \u0915\u093e \u0905\u0902\u0924\u0930 \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902?<\/p>\n\n\n\n

A) Rs. 530<\/p>\n\n\n\n

B) Rs. 625<\/p>\n\n\n\n

C) Rs. 710<\/p>\n\n\n\n

D) Rs. 795<\/p>\n\n\n\n

E) \u0907\u0928\u092e\u0947\u0902 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n

\u092a\u094d\u0930\u0936\u094d\u0928 3:<\/strong> Varun \u0928\u0947 \u0924\u0940\u0928 \u0935\u0930\u094d\u0937 \u0915\u0947 \u0932\u093f\u090f \u090f\u0915 scheme \u092e\u0947\u0902 Rs. \u2018x\u2019 10% \u0938\u0932\u093e\u0928\u093e \u0915\u0940 \u0926\u0930 \u0938\u0947 \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u092e\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u0915\u093f\u092f\u0947 | Karan \u0928\u0947 \u0926\u094b \u0935\u0930\u094d\u0937 \u0915\u0947 \u0932\u093f\u090f \u090f\u0915 scheme \u092e\u0947\u0902 Rs. \u2018x + 3000\u2019 \u0938\u0932\u093e\u0928\u093e 12% \u0938\u0932\u093e\u0928\u093e \u0915\u0940 \u0926\u0930 \u0938\u0947 \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u092e\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u0915\u093f\u092f\u0947 | \u2018x\u2019 \u0915\u093e \u092e\u093e\u0928 \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902 \u092f\u0926\u093f Varun \u0926\u094d\u0935\u093e\u0930\u093e \u0905\u0930\u094d\u091c\u093f\u0924 \u0915\u0940 \u0917\u092f\u0940 \u092c\u094d\u092f\u093e\u091c, Karan \u0926\u094d\u0935\u093e\u0930\u093e \u0905\u0930\u094d\u091c\u093f\u0924 \u0915\u0940 \u0917\u092f\u0940 \u092c\u094d\u092f\u093e\u091c \u0938\u0947 Rs. 227 \u0915\u092e \u0939\u0948?<\/p>\n\n\n\n

A) Rs. 7,000<\/p>\n\n\n\n

B) Rs. 9,000<\/p>\n\n\n\n

C) Rs. 12,000<\/p>\n\n\n\n

D) Rs. 15,000<\/p>\n\n\n\n

E) \u0907\u0928\u092e\u0947\u0902 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

\u092a\u094d\u0930\u0936\u094d\u0928 4:<\/strong> Amit \u092e\u0947\u0902 \u090f\u0915 scheme \u092e\u0947\u0902 Rs. 25,000 \u0915\u094b 12% \u092a\u094d\u0930\u0924\u093f\u0935\u0930\u094d\u0937 \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u092a\u0930 \u0928\u093f\u0935\u0947\u0936 \u0915\u093f\u092f\u0947 | \u0935\u0939\u0940\u0902 Rajeev \u0928\u0947 \u090f\u0915 scheme \u092e\u0947\u0902 Rs. 20,000 \u0915\u094b 15% \u092a\u094d\u0930\u0924\u093f\u0935\u0930\u094d\u0937 \u0915\u0940 \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u092a\u0930 \u0928\u093f\u0935\u0947\u0936 \u0915\u093f\u092f\u0947 |\u0926\u094b \u0935\u0930\u094d\u0937 \u092c\u093e\u0926, Amit \u0914\u0930 Rajeev \u0926\u094d\u0935\u093e\u0930\u093e \u0905\u0930\u094d\u091c\u093f\u0924 \u092c\u094d\u092f\u093e\u091c \u0915\u0947 \u092c\u0940\u091a \u0915\u093e \u0905\u0902\u0924\u0930 \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902?<\/p>\n\n\n\n

A) Rs. 90<\/p>\n\n\n\n

B) Rs. 150<\/p>\n\n\n\n

C) Rs. 120<\/p>\n\n\n\n

D) Rs. 110<\/p>\n\n\n\n

E) \u0907\u0928\u092e\u0947\u0902 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n

\u092a\u094d\u0930\u0936\u094d\u0928 5:<\/strong> \u090f\u0915 \u0935\u094d\u092f\u0915\u094d\u0924\u093f \u0928\u0947 \u0915\u0941\u0932 Rs. 24000 \u0915\u0940 \u0930\u093e\u0936\u093f \u0926\u094b schemes, A \u0914\u0930 B \u092e\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u0915\u093f\u092f\u093e|Scheme A 12% \u092a\u094d\u0930\u0924\u093f\u0935\u0930\u094d\u0937 \u0915\u0940 \u0926\u0930 \u0938\u0947 \u0938\u093e\u0927\u093e\u0930\u0923 \u092c\u094d\u092f\u093e\u091c \u092a\u094d\u0930\u0926\u093e\u0928 \u0915\u0930\u0924\u0940 \u0939\u0948 \u091c\u092c\u0915\u093f scheme B 20% \u092a\u094d\u0930\u0924\u093f \u0935\u0930\u094d\u0937 \u0915\u0940 \u0926\u0930 \u0938\u0947 \u0935\u093e\u0930\u094d\u0937\u093f\u0915 \u0926\u0947\u092f \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u092a\u094d\u0930\u0926\u093e\u0928 \u0915\u0930\u0924\u093e \u0939\u0948\u0964\u092f\u0926\u093f 2 \u0935\u0930\u094d\u0937 \u0915\u0947 \u092c\u093e\u0926 scheme A \u0938\u0947 \u0905\u0930\u094d\u091c\u093f\u0924 \u092c\u094d\u092f\u093e\u091c, 2 \u0935\u0930\u094d\u0937 \u0915\u0947 \u092c\u093e\u0926 scheme B \u0905\u0930\u094d\u091c\u093f\u0924 \u092c\u094d\u092f\u093e\u091c \u0938\u0947 Rs. 660 \u0905\u0927\u093f\u0915 \u0939\u0948|\u092b\u093f\u0930 scheme B \u092e\u0947\u0902 \u091c\u092e\u093e \u0930\u093e\u0936\u093f \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902?<\/p>\n\n\n\n

A) Rs. 7200<\/p>\n\n\n\n

B) Rs. 7500<\/p>\n\n\n\n

C) Rs. 8000<\/p>\n\n\n\n

D) Rs. 8400<\/p>\n\n\n\n

E) \u0907\u0928\u092e\u0947\u0902 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n

\u092a\u094d\u0930\u0936\u094d\u0928 6:<\/strong> \u091c\u092c Rs ‘x’ \u0915\u094b 4 \u0935\u0930\u094d\u0937 \u0915\u0947 \u0932\u093f\u090f 24% \u092a\u094d\u0930\u0924\u093f\u0935\u0930\u094d\u0937 \u0938\u093e\u0927\u093e\u0930\u0923 \u092c\u094d\u092f\u093e\u091c \u092a\u0930 \u0928\u093f\u0935\u0947\u0936 \u0915\u093f\u092f\u093e \u091c\u093e\u0924\u093e \u0939\u0948, \u0924\u094b \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u092c\u094d\u092f\u093e\u091c Rs (x – 130) \u0939\u0948|\u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u092c\u094d\u092f\u093e\u091c \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902 \u091c\u092c Rs (x + 250) \u0915\u094b 2 \u0935\u0930\u094d\u0937 \u0915\u0947 \u0932\u093f\u090f 20% \u092a\u094d\u0930\u0924\u093f\u0935\u0930\u094d\u0937 \u0935\u093e\u0930\u094d\u0937\u093f\u0915 \u0926\u0947\u092f \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u092a\u0930 \u0928\u093f\u0935\u0947\u0936 \u0915\u093f\u092f\u093e \u091c\u093e\u0924\u093e \u0939\u0948|<\/p>\n\n\n\n

I. Rs. {(x\/2) \u2013 85}<\/p>\n\n\n\n

II. Rs. {(x\/5) + 860}<\/p>\n\n\n\n

III. Rs. (2x \u2013 4980)<\/p>\n\n\n\n

A) \u0915\u0947\u0935\u0932 I<\/p>\n\n\n\n

B) \u0915\u0947\u0935\u0932 II \u0914\u0930 III<\/p>\n\n\n\n

C) \u0915\u0947\u0935\u0932 III<\/p>\n\n\n\n

D) \u0915\u0947\u0935\u0932 I \u0914\u0930 II<\/p>\n\n\n\n

E) \u0915\u0947\u0935\u0932 II<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

\u092a\u094d\u0930\u0936\u094d\u0928 7:<\/strong> 2 \u0935\u0930\u094d\u0937 \u0915\u0947 \u0932\u093f\u090f 20% \u0938\u093e\u0927\u093e\u0930\u0923 \u092c\u094d\u092f\u093e\u091c \u092a\u0930 Rs x \u092a\u0930 \u0905\u0930\u094d\u091c\u093f\u0924 \u092c\u094d\u092f\u093e\u091c \u0914\u0930 \u0938\u092e\u093e\u0928 \u0930\u093e\u0936\u093f \u092a\u0930 \u0938\u092e\u093e\u0928 \u0926\u0930 \u0914\u0930 \u0938\u092e\u093e\u0928 \u0905\u0935\u0927\u093f \u0915\u0947 \u0932\u093f\u090f \u0905\u0930\u094d\u091c\u093f\u0924 \u0935\u093e\u0930\u094d\u0937\u093f\u0915 \u0926\u0947\u092f \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u0915\u093e \u092f\u094b\u0917 Rs 1260 \u0939\u0948|\u0938\u093e\u0927\u093e\u0930\u0923 \u092c\u094d\u092f\u093e\u091c \u092a\u0930 \u0928\u093f\u0935\u0947\u0936 \u0938\u0947 \u0905\u0930\u094d\u091c\u093f\u0924 \u0930\u093e\u0936\u093f \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902|<\/p>\n\n\n\n

I. Rs. (2x \u2013 900)<\/p>\n\n\n\n

II. Rs. {(x\/2) + 1350}<\/p>\n\n\n\n

III. Rs. (x + 700)<\/p>\n\n\n\n

A) \u0915\u0947\u0935\u0932 II<\/p>\n\n\n\n

B) \u0915\u0947\u0935\u0932 I and III<\/p>\n\n\n\n

C) \u0915\u0947\u0935\u0932 I<\/p>\n\n\n\n

D) \u0915\u0947\u0935\u0932 I and II<\/p>\n\n\n\n

E) \u0915\u0947\u0935\u0932 II and III<\/p>\n\n\n\n

\u092a\u094d\u0930\u0936\u094d\u0928 8:<\/strong> Rajneesh 2 \u0935\u0930\u094d\u0937 \u0915\u0947 \u0932\u093f\u090f Rs x \u0915\u094b \u090f\u0915 scheme \u092e\u0947\u0902 15% \u0915\u0940 \u0926\u0930 \u0938\u0947 \u0928\u093f\u0935\u0947\u0936 \u0915\u0930\u0924\u093e \u0939\u0948 \u0914\u0930 \u0915\u0941\u0932 Rs 3750 \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0915\u0930\u0924\u093e \u0939\u0948|\u092f\u0926\u093f \u0909\u0938\u0928\u0947 Rs (x + 5500) \u0915\u094b \u0938\u092e\u093e\u0928 \u0905\u0935\u0927\u093f \u0915\u0947 \u0932\u093f\u090f \u092a\u0939\u0932\u0947 \u0935\u0930\u094d\u0937 \u0915\u0947 \u0932\u093f\u090f 10% \u092a\u0930 \u0914\u0930 \u0926\u0941\u0938\u0930\u0947 \u0935\u0930\u094d\u0937 \u0915\u0947 \u0932\u093f\u090f 15% \u0935\u093e\u0930\u094d\u0937\u093f\u0915 \u0926\u0947\u092f \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u092a\u0930 \u0928\u093f\u0935\u0947\u0936 \u0915\u0930\u0924\u093e \u0939\u0948 \u0924\u094b 2 \u0935\u0930\u094d\u0937 \u092c\u093e\u0926 Rajeesh \u0926\u094d\u0935\u093e\u0930\u093e \u0905\u0930\u094d\u091c\u093f\u0924 \u0915\u0941\u0932 \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902|<\/p>\n\n\n\n

A) Rs. 4520<\/p>\n\n\n\n

B) Rs. 4260<\/p>\n\n\n\n

C) Rs. 5220<\/p>\n\n\n\n

D) Rs. 4770<\/p>\n\n\n\n

E) \u0907\u0928\u092e\u0947\u0902 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

\u092a\u094d\u0930\u0936\u094d\u0928 9:<\/strong> Amish Rs 14000 \u0915\u094b 2 \u0935\u0930\u094d\u0937 \u0915\u0947 \u0932\u093f\u090f R% \u092a\u094d\u0930\u0924\u093f\u0935\u0930\u094d\u0937 \u0915\u0940 \u0926\u0930 \u0938\u0947 \u0938\u093e\u0927\u093e\u0930\u0923 \u092c\u094d\u092f\u093e\u091c \u092a\u0930 \u0928\u093f\u0935\u0947\u0936 \u0915\u0930\u0924\u093e \u0939\u0948 \u0914\u0930 Rs 2000 \u092c\u094d\u092f\u093e\u091c \u0915\u0947 \u0930\u0942\u092a \u092e\u0947\u0902 \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0915\u0930\u0924\u093e \u0939\u0948|\u092f\u0926\u093f \u0935\u0939 \u0915\u0941\u0932 \u0930\u093e\u0936\u093f (\u092e\u0942\u0932\u0927\u0928 + \u092c\u094d\u092f\u093e\u091c) \u0915\u094b \u090f\u0915 scheme \u092e\u0947\u0902 \u0928\u093f\u0935\u0947\u0936 \u0915\u0930\u0924\u093e \u0939\u0948 \u091c\u094b (R + 20\/7)% \u092a\u094d\u0930\u0924\u093f\u0935\u0930\u094d\u0937 \u0935\u093e\u0930\u094d\u0937\u093f\u0915 \u0926\u0947\u092f \u0915\u0940 \u0926\u0930 \u0938\u0947 \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u092a\u094d\u0930\u0926\u093e\u0928 \u0915\u0930\u0924\u093e \u0939\u0948, \u0924\u094b 2 \u0935\u0930\u094d\u0937 \u092c\u093e\u0926 Amish \u0926\u094d\u0935\u093e\u0930\u093e \u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u0915\u0941\u0932 \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u0915\u093f\u0924\u0928\u093e \u0939\u0948?<\/p>\n\n\n\n

A) Rs. 3630<\/p>\n\n\n\n

B) Rs. 3360<\/p>\n\n\n\n

C) Rs. 3520<\/p>\n\n\n\n

D) Rs. 3410<\/p>\n\n\n\n

E) Rs. 3240<\/p>\n\n\n\n

\u092a\u094d\u0930\u0936\u094d\u0928 10:<\/strong> Abhishek \u0914\u0930 Aditya \u0915\u094d\u0930\u092e\u0936\u0903 Rs. 7250 \u0914\u0930 Rs. 7500 \u0915\u094b R% \u092a\u094d\u0930\u0924\u093f\u0935\u0930\u094d\u0937 \u0938\u093e\u0927\u093e\u0930\u0923 \u092c\u094d\u092f\u093e\u091c \u0914\u0930 (R + 12)% \u092a\u094d\u0930\u0924\u093f\u0935\u0930\u094d\u0937 \u0938\u093e\u0927\u093e\u0930\u0923 \u092c\u094d\u092f\u093e\u091c \u092a\u0930 \u0928\u093f\u0935\u0947\u0936 \u0915\u0930\u0924\u0947 \u0939\u0948\u0902 \u0914\u0930 3 \u0935\u0930\u094d\u0937 \u0915\u0947 \u0905\u0902\u0924 \u092e\u0947\u0902 \u0909\u0928\u0915\u0947 \u0926\u094d\u0935\u093e\u0930\u093e \u0905\u0930\u094d\u091c\u093f\u0924 \u0915\u0941\u0932 \u092c\u094d\u092f\u093e\u091c Rs. 8010 \u0939\u0948|\u092a\u094d\u0930\u093e\u092a\u094d\u0924 \u092c\u094d\u092f\u093e\u091c \u091c\u094d\u091e\u093e\u0924 \u0915\u0930\u0947\u0902 \u092f\u0926\u093f Arjun Rs. 8000 \u0915\u094b 2 \u0935\u0930\u094d\u0937\u094b\u0902 \u0915\u0947 \u0932\u093f\u090f (R + 3)% \u092a\u094d\u0930\u0924\u093f\u0935\u0930\u094d\u0937 \u0935\u093e\u0930\u094d\u0937\u093f\u0915 \u0926\u0947\u092f \u091a\u0915\u094d\u0930\u0935\u0943\u0926\u094d\u0927\u093f \u092c\u094d\u092f\u093e\u091c \u092a\u0930 \u0928\u093f\u0935\u0947\u0936 \u0915\u0930\u0924\u093e \u0939\u0948|<\/p>\n\n\n\n

A) Rs. 2580<\/p>\n\n\n\n

B) Rs. 2080<\/p>\n\n\n\n

C) Rs. 2880<\/p>\n\n\n\n

D) Rs. 2850<\/p>\n\n\n\n

E) \u0907\u0928\u092e\u0947 \u0938\u0947 \u0915\u094b\u0908 \u0928\u0939\u0940\u0902<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

ANSWER KEYS and SOLUTIONS:<\/strong><\/h4>\n\n\n\n
1) – A)<\/td>2) – A)<\/td>3) – A)<\/td>4) – A)<\/td>5) – B)<\/td>6) – A)<\/td><\/tr>
7) – D)<\/td>8) – D)<\/td>9) – B)<\/td>10) – A)<\/td> <\/td> <\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Solution 1: A)<\/strong><\/p>\n\n\n\n

Let the amount invested by Ramesh be Rs. \u2018x\u2019<\/p>\n\n\n\n

Amount received by him after 2 years of CI = x \u00d7 (1 + 0.12)2<\/sup> = Rs. 1.2544x<\/p>\n\n\n\n

Amount received by him after 7 years = 1.2544x + 1.2544x \u00d7 5 \u00d7 0.10 = 1.2544x + 0.6272x = Rs. 1.8816x<\/p>\n\n\n\n

So, interest earned after 7 years = 1.8816x \u2013 x = 6612<\/p>\n\n\n\n

0.8816x = 6612, x = 7500<\/p>\n\n\n\n

So, the amount invested by Ramesh = Rs. 7,500<\/p>\n\n\n\n

Hence, option a.<\/p>\n\n\n\n

Solution 2: A)<\/strong><\/p>\n\n\n\n

Interest earned by Pooja = 10000 \u00d7 {(1 + 0.20)3<\/sup> \u2013 1} = Rs. 7,280<\/p>\n\n\n\n

Interest earned by Rohit = 12000 \u00d7 {(1 + 0.25)2<\/sup> \u2013 1} = Rs. 6,750<\/p>\n\n\n\n

So, the desired difference = 7280 \u2013 6750 = Rs. 530<\/p>\n\n\n\n

Hence, option a.<\/p>\n\n\n\n

Solution 3: A)<\/strong><\/p>\n\n\n\n

Interest earned by Varun = x \u00d7 {(1 + 0.10)3<\/sup> \u2013 1} = Rs. 0.331x<\/p>\n\n\n\n

Interest earned by Karan = (x + 3000) \u00d7 {(1 + 0.12)2<\/sup> \u2013 1} = Rs. (0.2544x + 763.20)<\/p>\n\n\n\n

According to question: 0.2544x + 763.20 \u2013 0.331x = 227<\/p>\n\n\n\n

0.0766x = 536.20<\/p>\n\n\n\n

x = 7000<\/p>\n\n\n\n

So, the value of x = Rs. 7000<\/p>\n\n\n\n

Hence, option a.<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

Solution 4: A)<\/strong><\/p>\n\n\n\n

Interest earned by Amit = 25000 \u00d7 {(1 + 0.12)2<\/sup> \u2013 1} = Rs. 6,360<\/p>\n\n\n\n

Interest earned by Rajeev = 20000 \u00d7 {(1 + 0.15)2<\/sup> \u2013 1} = Rs. 6,450<\/p>\n\n\n\n

 So, the desired difference = 6450 \u2013 6360 = Rs. 90<\/p>\n\n\n\n

Hence, option a.<\/p>\n\n\n\n

Solution 5: B)<\/strong><\/p>\n\n\n\n

Let the amount deposited in scheme B be Rs. \u2018x\u2019.<\/p>\n\n\n\n

So, amount deposited in scheme A = Rs. (24000 \u2013 x)<\/p>\n\n\n\n

According to question,<\/p>\n\n\n\n

(24000 \u2013 x) \u00d7 0.24 \u2013 x{(1.2)2<\/sup> \u2013 1} = 660<\/p>\n\n\n\n

5760 \u2013 0.24x \u2013 0.44x = 660<\/p>\n\n\n\n

0.68x = 5100<\/p>\n\n\n\n

x = 7500<\/p>\n\n\n\n

So, the amount deposited in scheme B = Rs. 7500<\/p>\n\n\n\n

Hence, option b.<\/p>\n\n\n\n

Solution 6: A)<\/strong><\/p>\n\n\n\n

According to the question,<\/p>\n\n\n\n

(x \u00d7 24 \u00d7 4)\/100 = (x \u2013 130)<\/p>\n\n\n\n

Or, 24x = 25x \u2013 3250<\/p>\n\n\n\n

Or, x = Rs. 3250<\/p>\n\n\n\n

Therefore, interest received at compound interest<\/p>\n\n\n\n

= (x + 250)(1 + 20\/100)2<\/sup> \u2013 (x+ 250) = 3500(1.2)2<\/sup> \u2013 3500 = Rs. 1540<\/p>\n\n\n\n

For I:<\/p>\n\n\n\n

{(x\/2) \u2013 85} = {3250\/2 \u2013 85} = (1625 \u2013 85) = Rs. 1540<\/p>\n\n\n\n

Therefore, I can be the answer.<\/p>\n\n\n\n

For II:<\/p>\n\n\n\n

{(x \/5) + 860} = {(3250\/5) + 860} = (650 + 860) = Rs. 1510<\/p>\n\n\n\n

Therefore, II cannot be the answer.<\/p>\n\n\n\n

For III:<\/p>\n\n\n\n

(2x \u2013 4980) = (2 \u00d7 3250 \u2013 4980) = Rs. 1520<\/p>\n\n\n\n

Therefore, III cannot be the answer.<\/p>\n\n\n\n

Hence, option a.<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

Solution 7: D)<\/strong><\/p>\n\n\n\n

According to the question,<\/p>\n\n\n\n

(x \u00d7 20 \u00d7 2)\/100 + x(1 + 20\/100)2<\/sup> \u2013 x = 1260<\/p>\n\n\n\n

Or, 2x\/5 + 0.44x = 1260<\/p>\n\n\n\n

Or, 2x + 2.2x = 6300<\/p>\n\n\n\n

Or, x = 6300\/4.2 = Rs. 1500<\/p>\n\n\n\n

Amount received at simple interest = 2x\/5 + x = Rs. 2100<\/p>\n\n\n\n

For I:<\/p>\n\n\n\n

(2x \u2013 900) = (2 \u00d7 1500 \u2013 900) = Rs. 2100<\/p>\n\n\n\n

Therefore, I can be the answer.<\/p>\n\n\n\n

For II:<\/p>\n\n\n\n

{(x\/2) + 1350} = {(1500\/2) + 1350} = Rs. 2100<\/p>\n\n\n\n

Therefore, II can be the answer.<\/p>\n\n\n\n

For III:<\/p>\n\n\n\n

(x + 700) = 1500 + 700 = Rs. 2200<\/p>\n\n\n\n

Therefore, III cannot be the answer.<\/p>\n\n\n\n

Hence, option d.<\/p>\n\n\n\n

Solution 8: D)<\/strong><\/p>\n\n\n\n

3750 = x \u00d7 15% \u00d7 2<\/p>\n\n\n\n

x = Rs. 12500<\/p>\n\n\n\n

Sum = Rs. 18000<\/p>\n\n\n\n

Amount after two years at compound interest = 18000 \u00d7 110% \u00d7 115%<\/p>\n\n\n\n

= Rs. 22770<\/p>\n\n\n\n

Compound interest earned = 22770 \u2013 18000 = Rs. 4770<\/p>\n\n\n\n

Hence, option d.<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

Solution 9: B)<\/strong><\/p>\n\n\n\n

Simple interest = 14000 \u00d7 2 \u00d7 R%<\/p>\n\n\n\n

2000 = 140 \u00d7 2 \u00d7 R<\/p>\n\n\n\n

R = 50\/7%<\/p>\n\n\n\n

Rate of compound interest = 50\/7 + 20\/7 = 10%<\/p>\n\n\n\n

Principal = 14000 + 2000 = Rs. 16000<\/p>\n\n\n\n

Compound interest = 16000 \u00d7 (1 + 10\/100)2<\/sup> – 16000<\/p>\n\n\n\n

= 16000 \u00d7 121\/100 \u2013 16000 = Rs. 3360<\/p>\n\n\n\n

Hence, option b.<\/p>\n\n\n\n

Solution 10: A)<\/strong><\/p>\n\n\n\n

According to question;<\/p>\n\n\n\n

7250 \u00d7 R\/100 \u00d7 3 + 7500 \u00d7 (R + 12)\/100 \u00d7 3 = 8010<\/p>\n\n\n\n

72.5R + 75R = 8010\/3 \u2013 75 \u00d7 12<\/p>\n\n\n\n

Or, 147.5R = 1770<\/p>\n\n\n\n

Or, R = 12<\/p>\n\n\n\n

Desired answer = [(1.15)2<\/sup> \u2013 1] \u00d7 8000 = Rs. 2580<\/p>\n\n\n\n

Hence, option a.<\/p>\n\n\n\n

SBI Clerk Mains Free Mock Test<\/a><\/p>\n\n\n\n

This brings us to the end of the simple interest and compound interest questions and answers. It is important for the upcoming SBI Clerk mains examination. <\/p>\n\n\n\n

Disclaimer: <\/a>The simple and compound interest questions, solutions, and explanations provided here are intended solely for practice and learning purposes. They are based on exam trends and expert analysis, not official SBI content. While these materials aim to strengthen your preparation, they do not guarantee reflection in the actual SBI Clerk Mains exam. Candidates should always refer to the official SBI<\/a><\/strong> notifications and syllabus for authoritative information.<\/p>\n","protected":false},"excerpt":{"rendered":"

Here are few SBI Clerk Mains Simple & Compound Interest Important Practice Questions. Take SBI Clerk mains free mock test.<\/p>\n","protected":false},"author":2,"featured_media":75947,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_uag_custom_page_level_css":"","_monsterinsights_skip_tracking":false,"_monsterinsights_sitenote_active":false,"_monsterinsights_sitenote_note":"","_monsterinsights_sitenote_category":0,"_uf_show_specific_survey":0,"_uf_disable_surveys":false,"footnotes":""},"categories":[31],"tags":[],"class_list":["post-75944","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-sbi-clerk"],"yoast_head":"\nSBI Clerk Mains Simple & Compound Interest Important Practice Questions - Practicemock<\/title>\n<meta name=\"description\" content=\"Here are few SBI Clerk Mains Simple & Compound Interest Important Practice Questions. 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