RRB JE · Mathematics

Simple & Compound Interest Previous Year Questions

36 Simple & Compound Interest (Mathematics) questions asked in RRB JE previous year papers, each with the correct answer and explanation. Read them free on UTpaper, or attempt the full papers as timed online tests.

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Q1RRB JE CBT-1, 18 Dec 2024, Shift 3 (4:30 PM)
Find the simple interest (in closest integral ₹) on ₹3000 at 8% per annum rate of interest for the period from 23 February 2024 to 24 April 2024
  1. A38
  2. B39
  3. C41
  4. D40
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Correct answer: (D) 40

Q2RRB JE CBT-1, 18 Dec 2024, Shift 3 (4:30 PM)
A lens has ________ principal foci.
  1. A4
  2. B1
  3. C2
  4. D3
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Correct answer: (C) 2

Q3RRB JE CBT-1, 18 Dec 2024, Shift 3 (4:30 PM)
If the interest earned during the 2nd year on a certain sum is ₹4719, and the rate of interest is 10% per annum compounded annually, then the sum is:
  1. A₹42045
  2. B₹42900
  3. C₹41905
  4. D₹42445
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Correct answer: (B) ₹42900

Q4RRB JE CBT-1, 18 Dec 2024, Shift 2 (12:45 PM)
Find the simple interest (in closest integral ₹) on ₹4000 at 5.25% per annum rate of interest for the period from 4 February 2024 to 5 April 2024
  1. A36
  2. B34
  3. C35
  4. D33
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Correct answer: (C) 35

Q5RRB JE CBT-1, 18 Dec 2024, Shift 2 (12:45 PM)
If at same rate of interest, in 2 years, the simple interest is ₹56 and compound interest is ₹58, then what is the principal (in ₹)?
  1. A392
  2. B385
  3. C396
  4. D387
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Correct answer: (A) 392

Q6RRB JE CBT-1, 18 Dec 2024, Shift 1 (9:00 AM)
Sakshi invested a sum of ₹8900 at 10% per annum compound interest, componded annually. If she received an amount of ₹10769 after n years, the value of n is:
  1. A2
  2. B2.4
  3. C1.60000002384186
  4. D3
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Correct answer: (A) 2

Q7RRB JE CBT-1, 18 Dec 2024, Shift 1 (9:00 AM)
Find the simple interest (in closest integral ₹) on ₹4000 at 5.25% per annum rate of interest for the period from 14 February 2024 to 15 April 2024
  1. A33
  2. B36
  3. C34
  4. D35
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Correct answer: (D) 35

Q8RRB JE CBT-1, 17 Dec 2024, Shift 3 (4:30 PM)
Find the simple interest (in closest integral ₹) on ₹4000 at 5.25% per annum rate of interest for the period from 3 February 2024 to 4 April 2024
  1. A33
  2. B35
  3. C34
  4. D36
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Correct answer: (B) 35

Q9RRB JE CBT-1, 17 Dec 2024, Shift 3 (4:30 PM)
In a convex mirror, the principal focus is located _____.
  1. Aat the pole of the mirror
  2. Bbehind the mirror
  3. Cat the centre of curvature
  4. Din front of the mirror
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Correct answer: (B) behind the mirror

Q10RRB JE CBT-1, 17 Dec 2024, Shift 3 (4:30 PM)
Suman invested a sum of ₹3500 at 20% per annum compound interest, componded annually. If she received an amount of ₹6048 after n years, the value of n is:
  1. A3
  2. B2.6
  3. C4
  4. D2
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Correct answer: (A) 3

Q11RRB JE CBT-1, 17 Dec 2024, Shift 2 (12:45 PM)
Find the simple interest (in closest integral ₹) on ₹4000 at 5.25% per annum rate of interest for the period from 5 February 2024 to 6 April 2024
  1. A33
  2. B34
  3. C36
  4. D35
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Correct answer: (D) 35

Q12RRB JE CBT-1, 17 Dec 2024, Shift 2 (12:45 PM)
If the interest earned during the 2nd year on a certain sum is ₹3726, and the rate of interest is 15% per annum compounded annually, then the sum is:
  1. A₹21600
  2. B₹20885
  3. C₹21185
  4. D₹20835
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Correct answer: (A) ₹21600

Q13RRB JE CBT-1, 17 Dec 2024, Shift 1 (9:00 AM)
If at same rate of interest, in 2 years, the simple interest is ₹56 and compound interest is ₹64, then what is the principal (in ₹)?
  1. A93
  2. B98
  3. C91
  4. D102
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Correct answer: (B) 98

Q14RRB JE CBT-1, 17 Dec 2024, Shift 1 (9:00 AM)
Find the simple interest (in closest integral ₹) on ₹4000 at 5.25% per annum rate of interest for the period from 11 February 2024 to 12 April 2024
  1. A34
  2. B35
  3. C33
  4. D36
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Correct answer: (B) 35

Q15RRB JE CBT-1, 16 Dec 2024, Shift 3 (4:30 PM)
If at same rate of interest, in 2 years, the simple interest is ₹56 and compound interest is ₹72, then what is the principal (in ₹)?
  1. A53
  2. B42
  3. C49
  4. D44
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Correct answer: (C) 49

Q16RRB JE CBT-1, 16 Dec 2024, Shift 3 (4:30 PM)
Find the simple interest (in closest integral ₹) on ₹3000 at 8% per annum rate of interest for the period from 25 February 2024 to 26 April 2024
  1. A41
  2. B39
  3. C38
  4. D40
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Correct answer: (D) 40

Q17RRB JE CBT-1, 16 Dec 2024, Shift 2 (12:45 PM)
If the interest earned during the 2nd year on a certain sum is ₹9911, and the rate of interest is 10% per annum compounded annually, then the sum is:
  1. A₹90100
  2. B₹90080
  3. C₹90055
  4. D₹90115
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Correct answer: (A) ₹90100

Q18RRB JE CBT-1, 16 Dec 2024, Shift 2 (12:45 PM)
Find the simple interest (in closest integral ₹) on ₹3000 at 8% per annum rate of interest for the period from 22 February 2024 to 23 April 2024
  1. A40
  2. B39
  3. C41
  4. D38
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Correct answer: (A) 40

Q19RRB JE CBT-1, 16 Dec 2024, Shift 1 (9:00 AM)
Find the simple interest (in closest integral ₹) on ₹4000 at 5.25% per annum rate of interest for the period from 12 February 2024 to 13 April 2024
  1. A36
  2. B35
  3. C34
  4. D33
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Correct answer: (B) 35

Q20RRB JE CBT-1, 16 Dec 2024, Shift 1 (9:00 AM)
Komal invested a sum of ₹5000 at 20% per annum compound interest, componded annually. If she received an amount of ₹8640 after n years, the value of n is:
  1. A3.5
  2. B4
  3. C3
  4. D2.5
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Correct answer: (C) 3

Q21RRB JE CBT-1, 25 Feb 2026, Shift 3 (4:30 PM)
How do rays parallel to the principal axis behave after reflection from a convex mirror?
  1. AThey actually converge at the focus.
  2. BThey appear to diverge from a point on the principal axis.
  3. CThey get reflected back along the same path.
  4. DThey pass through the centre of curvature.
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Correct answer: (B) They appear to diverge from a point on the principal axis.

Q22RRB JE CBT-1, 25 Feb 2026, Shift 3 (4:30 PM)
Amit had invested same amount of sums at simple as well as compound interest, compounded annually. The time period of both the sums was 2 years and rate of interest too was same 10% per annum. At the end, he found a difference of ₹97 in both the interests received. What were the sums (in ₹) invested?
  1. A8,950
  2. B8,800
  3. C9,700
  4. D10,050
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Correct answer: (C) 9,700

Q23RRB JE CBT-1, 25 Feb 2026, Shift 3 (4:30 PM)
Akshay has borrowed an amount of ₹440000 from a bank to start a business. How much simple interest (in ₹) will he pay at a rate of 5% per annum after 4 years?
  1. A87000
  2. B89000
  3. C78000
  4. D88000
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Correct answer: (D) 88000

Q24RRB JE CBT-1, 25 Feb 2026, Shift 3 (4:30 PM)
When using the sign convention for spherical mirrors, which direction along the principal axis is considered positive?
  1. ATo the right of the origin (along + x-axis)
  2. BTo the left of the origin (along - x-axis)
  3. CUpwards from the principal axis
  4. DDownwards from the principal axis
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Correct answer: (A) To the right of the origin (along + x-axis)

Q25RRB JE CBT-1, 20 Feb 2026, Shift 3 (4:30 PM)
Gopal has borrowed an amount of ₹420000 from a bank to start a business. How much simple interest (in ₹) will he pay at a rate of 5% per annum after 4 years?
  1. A85000
  2. B82000
  3. C83000
  4. D84000
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Correct answer: (D) 84000

Q26RRB JE CBT-1, 20 Feb 2026, Shift 2 (12:45 PM)
The difference between compound interest, compounded annually, and simple interest for 3 years at a rate of 20% per annum is ₹256. What is the principal lent?
  1. A₹1,000
  2. B₹2,000
  3. C₹3,000
  4. D₹4,000
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Correct answer: (B) ₹2,000

Q27RRB JE CBT-1, 20 Feb 2026, Shift 2 (12:45 PM)
David has borrowed an amount of ₹440000 from a bank to start a business. How much simple interest (in ₹) will he pay at a rate of 6% per annum after 2 years?
  1. A52800
  2. B54800
  3. C53800
  4. D51800
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Correct answer: (A) 52800

Q28RRB JE CBT-1, 20 Feb 2026, Shift 1 (9:00 AM)
If a point is located below the principal axis of a spherical mirror, what sign is assigned to its perpendicular distance according to the sign convention for spherical mirrors?
  1. APositive
  2. BZero
  3. CDepends on mirror type
  4. DNegative
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Correct answer: (D) Negative

Q29RRB JE CBT-1, 20 Feb 2026, Shift 1 (9:00 AM)
Kiran has borrowed an amount of ₹4,40,000 from a bank to start a business. How much simple interest (in ₹) will he pay at a rate of 7% per annum after 2 years?
  1. A60600
  2. B63600
  3. C61600
  4. D62600
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Correct answer: (C) 61600

Q30RRB JE CBT-1, 19 Feb 2026, Shift 3 (4:30 PM)
Amit had invested same amount of sums at simple interest as well as compound interest, compounded annually. The time period of both the sums was 2 years and rate of interest too was the same 10% per annum. At the end, he found a difference of ₹45 in both the interests received. What were the sums (in ₹) invested in each case?
  1. A3,600
  2. B3,750
  3. C4,500
  4. D4,850
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Correct answer: (C) 4,500

Q31RRB JE CBT-1, 19 Feb 2026, Shift 3 (4:30 PM)
Mahesh has borrowed an amount of ₹420000 from a bank to start a business. How much simple interest (in ₹) will he pay at a rate of 6% per annum after 2 years?
  1. A50400
  2. B51400
  3. C53400
  4. D49400
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Correct answer: (A) 50400

Q32RRB JE CBT-1, 19 Feb 2026, Shift 2 (12:45 PM)
Rupesh has borrowed an amount of ₹4,40,000 from a bank to start a business. How much simple interest (in ₹) will he pay at a rate of 7% per annum after 3 years?
  1. A93400
  2. B92400
  3. C91400
  4. D94400
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Correct answer: (B) 92400

Q33RRB JE CBT-1, 19 Feb 2026, Shift 2 (12:45 PM)
If at the same rate of interest, in 2 years, the simple interest is ₹48 and compound interest, compounded annually, is ₹54, then what is the principal (in ₹)?
  1. A89
  2. B91
  3. C96
  4. D100
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Correct answer: (C) 96

Q34RRB JE CBT-1, 19 Feb 2026, Shift 1 (9:00 AM)
Mahesh has borrowed an amount of ₹4,40,000 from a bank to start a business. How much simple interest (in ₹) will he pay at a rate of 6% per annum after 4 years?
  1. A1,06,600
  2. B1,05,600
  3. C1,03,600
  4. D1,04,600
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Correct answer: (B) 1,05,600

Q35RRB JE CBT-1, 19 Feb 2026, Shift 1 (9:00 AM)
A physicist uses a convex lens to focus sunlight onto a piece of paper and notices the smallest, brightest spot forms at a certain distance from the lens. Which property of the lens does this experiment help to determine?
  1. AThe experiment helps to determine the principal axis of the lens.
  2. BThe experiment helps to determine the optical center of the lens.
  3. CThe experiment helps to determine the diameter of the lens.
  4. DThe experiment helps to determine the focal length of the lens.
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Correct answer: (D) The experiment helps to determine the focal length of the lens.

Q36RRB JE CBT-1, 19 Feb 2026, Shift 1 (9:00 AM)
The difference between simple interest and compound interest, compounded annually, on a certain sum of money for 2 years at 11% per annum is ₹371. Find the sum. [Give your answer rounded off to the nearest integer.]
  1. A₹30,672
  2. B₹30,669
  3. C₹30,679
  4. D₹30,661
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Correct answer: (D) ₹30,661

How to use these RRB JE Mathematics questions

Every question here was asked in a real RRB JE paper; the paper and shift are shown on the card, and the number opens the question on its own page. Try each one before tapping Show answer, then attempt the full RRB JE papers as timed tests to check your speed under exam conditions.

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