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Quantitative Aptitude

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Simple Interest & Compound Interest

Question
20 out of 24
 

What is the rate of interest p.c.p.a. on the amount of Rs. 15000 taking loan.

(1) the difference between C.I. & S.I. is Rs. 170

(2) the S.I. of @ years is Rs. 2500



A only I correct
B only II correct
C either I or II
D neither I or II
E both I and II

Ans. B In statement 1 time is not given. So we can’t find required data we find rate from statement 2 as rate =

Simple Interest & Compound Interest Flashcard List

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