Compound Interest - Quantitative Aptitude (MCQ) questions for Q. 28170

Q.  In 3 years by compound interest, a sum becomes Rs. 900. But in 4 years by compound interest, the same sum becomes Rs. 1000. What is the sum and the rate of interest?
- Published on 07 Jul 17

a. Rs. 625.20, 12.50%
b. Rs. 656.10, 11.11%
c. Rs. 686.50, 12.50%
d. Rs. 695.80, 11.11%

ANSWER: Rs. 656.10, 11.11%
compound interest

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