Multiple Choice Questions on The ratio of the amount for two years under compound interest annually and for one year under simple........... for Mathematics - All Exams Preparation

Back to Main Page

Multiple Choice Questions

The ratio of the amount for two years under compound interest annually and for one year under simple...........

Quantitative Aptitude ( CCS) Compound Interest
    Download Solution PDF

    The ratio of the amount for two years under compound interest annually and for one year under simple interest is 6:5. When the rate of interest is same, then the value of rate of interest is:

    20%

    Correct Answer

    15%

    Incorrect Answer

    18%

    Incorrect Answer

    22%

    Incorrect Answer
    छोटे Courses बड़े Results
    Master Compound Interest
    Prepare through Micro-courses
    Try Now
    Explanation:

    [P(1+r/100)2]/[P(1+r*1/100)]=6/5
    1+r/100=6/5
    r/100=1/5
    r=20%

    Hence, option 1 is the correct answer.

    Let's Discuss

    Harkirat

    in question given second SI not aCI

    0 0 reply
    Master
    Compound Interest
    With abhipedia
    Micro Courses
    Try Now
    What our students have to say
    Download Abhipedia Android App

    Access to prime resources

    Downlod from playstore
    download android app download android app for free

    Search on abhipedia