Multiple Choice Questions on The difference between the compound interest compounded annually and simple interest on a sum of mon........... for IBPS (PO/SO) Preparation

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Multiple Choice Questions

The difference between the compound interest compounded annually and simple interest on a sum of mon...........

Quantitative Aptitude(IBPS PO) Compound Interest
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    The difference between the compound interest (compounded annually) and simple interest on a sum of money deposited for 2 years at 5% per annum is Rs. 15. What is the sum of money deposited?

    This questions was previously asked in
    IBPS PO Prelims (15th Oct 2022 Shift 2)
    View All IBPSPO Previous Year Papers

    Rs. 6,000 

    Correct Answer

    Rs. 4,800 

    Incorrect Answer

    Rs. 3,600 

    Incorrect Answer

    Rs. 2,400 

    Incorrect Answer

    Rs. 3,400

    Incorrect Answer
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    Explanation:

    Rs. 6,000

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