SSC CGL 2025 PYQ — Question 80

SSC CGL - 16 Sep 2025 - Shift 2 • Reasoning • Q80

A principal amount of ₹1,000 yields a simple interest of ₹180 over a period of 2 years. What is the annual rate of simple interest?

Show answer & explanation

Correct answer: B

Explanation

The correct answer is option 2 i.e. 9%.

Given: Principal = ₹1000, Simple Interest = ₹180, Time = 2 years

180=1000×R×2100180=20RR=18020=9\begin{aligned} 180 &= \frac{1000 \times R \times 2}{100} \\[6pt] 180 &= 20R \\[6pt] R &= \frac{180}{20}=9 \end{aligned}

Thus, the annual rate of simple interest is 9% per year.