Compound Interest - Quantitative Aptitude (MCQ) questions for Q. 29357

Q.  At the end of 2 years difference between simple and compound interest is Rs. 2166. If the principal is Rs. 60000, then what is the rate of interest?
- Published on 11 Apr 17

a. 38%
b. 18%
c. 19%
d. 17%

ANSWER: 19%
 
compound interest

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