- Concepts
- Practice Questions
- Important Formulas
- A man borrowed some money from a private organization at 5
Answer is a
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2. The difference between simple and compound interest (compounded annually) on a sum of money for 2years at 10
Answer is b
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3. A sum of ₹6000 is deposited for 3 years at 5
Answer is d
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4. If, the difference between compound interest and simple interest for 3 years on a certain sum at 5
Answer is c
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5. The difference of compound interest and simple interest for 3 years and for 2years are in ratio 23: 7 respectively. What is rate of interest per annum (in
Answer is c
Read More: Compound Interest Concepts