Compound Interest - Quantitative Aptitude (MCQ) questions for Q. 28608

Q.  Find the principal amount invested if the difference between Compound Interest and Simple Interest obtained for 3 years at rate of interest of 25% is Rs. 320?
- Published on 17 Mar 17

a. Rs. 1550
b. Rs. 1575.38
c. Rs. 1525.50
d. Rs. 1545.78

ANSWER: Rs. 1575.38
 
compound interest

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