Quantitative Aptitude :: Compound Interest Problems And Answers

Compound Interest Formulaes

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31. The compound interest on a sum for 2 years is Rs. 832 and the simple interest on the same sum for the same period is Rs. 800. The difference between the compound and simple interest for 3 years will be

A. Rs. 48 B. Rs. 98.56
C. Rs. 66.56 D. None of these
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32. A sum of money on compound interest amounts to Rs. 8240 in 2 years and Rs. 9888 in 3 years. The rate of interest is

A. 10% B. 25%
C. 20% D. 12%
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Related Topics

Profit and Loss
Area
Ration and Proportion
Simple Interest
Square Root and Cube Root
Calender




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