Download Aptitude Crack
img not found img not found

Compound Interest

Q1: The difference between simple interest and compound on Rs. 1200 for one year at 10% per annum reckoned half-yearly is:

A Rs. 2.50

B Rs. 3

C Rs. 3.75

D Rs. 4

E None of these

ANS:B - Rs. 3

S.I. = Rs 1200 x 10 x 1 = Rs. 120.
100
C.I. = Rs. 1200 x 1 + 5 2 - 1200 = Rs. 123.
100
 Difference = Rs. (123 - 120) = Rs. 3.



img not found
img

For help Students Orientation
Mcqs Questions

One stop destination for examination, preparation, recruitment, and more. Specially designed online test to solve all your preparation worries. Go wherever you want to and practice whenever you want, using the online test platform.