Compound Interest - Quantitative Aptitude (MCQ) questions for Q. 29414

Q.  When difference between compound and simple interest for three years is Rs. 122 at 5% rate per annum, the principal is ______
- Published on 12 Apr 17

a. Rs. 24400
b. Rs. 14400
c. Rs. 18000
d. Rs. 16000

ANSWER: Rs. 16000
 
compound interest

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