ABC26GN4218 · Compound Interest

Subject: General Aptitude · Chapter: Compound Interest · Exam: · Marks: · Difficulty:

What is the rate of interest? (Bank Recruitment, 2007) I. Simple interest accrued on an amount of ₹ 25000 in 2 years is less than the compound interest for the same period by ₹ 250. II. Simple interest accrued in 10 years is equal to the principal.
Answer
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Explanation
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