Compound Interest - Quantitative Aptitude (MCQ) questions for Q. 29814

Q.  Raju invested Rs. 77500 in ICICI bank. In two years how much compound interest will he get, if the first year rate of interest was 10% and second year had 2% more than first year?
- Published on 08 May 17

a. Rs. 17850
b. Rs. 17980
c. Rs. 18963
d. Rs. 16880

ANSWER: Rs. 17980
compound interest

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