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Quantitative Aptitude

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Simple Interest & Compound Interest

Question
17 out of 30
 

Find the compound Interest on Rs.12500 at 8% per annum for 9 months compounded quarterly.



A Rs. 1020
B Rs. 1428
C Rs. 510
D Rs 550
E None of these

Ans. E Because amount compound quarterly

So, year = year × 4

Rate =

Simple Interest & Compound Interest Flashcard List

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