Compound Interest on Arithmetic Aptitude related Questions and Answers


Question :   Simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:
1. Rs. 1550
2. Rs. 1650
3. Rs. 1750
4. Rs. 2000
Answer :   3 - Rs. 1750  

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