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Quantitative Aptitude

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Simple Interest & Compound Interest

Question
22 out of 24
 

What is the rate of interest p.c.p.a.

(1) an amount of 6000 gave interest of 1000 in 2 years

(2) an amount of 1200 gave 300 interest in 3 years.



A only I
B only II
C either I or II
D neither I nor II
E both I and II

Ans. C We can find from both equation

Simple Interest & Compound Interest Flashcard List

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