A sum of money is put at compound interest. What is the rate of interest? I. The sum amounts to ₹ 5290 in 2… · ABC26GN4228

Subject: General Aptitude · Chapter: Compound Interest

A sum of money is put at compound interest. What is the rate of interest? I. The sum amounts to ₹ 5290 in 2 years. II. The sum amounts to ₹ 6083.50 in 3 years. III. The sum is ₹ 4000.

(a)I and II only

(b)II and III only

(c)I and III only

(d)Any two of the three

(e)I and III only, or II and III only

Answer

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Explanation

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Study loop for Compound Interest

1. Practise the PYQsPrevious-year questions, with answers

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