Compound Interest - Quantitative Aptitude (MCQ) questions for Q. 29190

Q.  A sum of money invested at compound interest amounts to Rs. 800 in 3 years and to Rs. 840 in 4 years. The rate of interest per annum is
- Published on 05 Apr 17

a. 2(1/2)%
b. 4%
c. 5%
d. 6(2/3)%

ANSWER: 5%
 
compound interest

Post your comment / Share knowledge


Enter the code shown above:

(Note: If you cannot read the numbers in the above image, reload the page to generate a new one.)