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Quantitative Aptitude

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Simple Interest & Compound Interest

Question
23 out of 30
 

The effective annual rate of interest correspond to a nominal rate of 8% per annum payable half yearly is



A 8.14
B 8.15
C 8.16
D 8.17
E None of these

Ans. C As rate compound half yearly so rate =

If amount =100

Then CI = 4+4+

Simple Interest & Compound Interest Flashcard List

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