SATHEE: Quantitative Aptitude Ques 70

Quantitative Aptitude Ques 70

Question: The simple interest accrued on a sum of certain principal is Rs. 2000 in five years at the rate of 4% per annum. What would be the compound interest accrued on same principal at same rate in two years?

Options:

A) Rs. 716

B) Rs. 724

C) Rs. 824

D) 816

E) None of these

Show Answer

Answer:

Correct Answer: D

Solution:

$ 2000=\frac{P\times 4\times 5}{100} $

$ \therefore $ $ P=1000 $ Now, $ CI=10000[ {{( 1+\frac{4}{100} )}^{2}}-1 ] $ $ =10000\times 0.0816=816 $

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Quantitative Aptitude Ques 70

Question: The simple interest accrued on a sum of certain principal is Rs. 2000 in five years at the rate of 4% per annum. What would be the compound interest accrued on same principal at same rate in two years?

Options:

Answer:

Solution:

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