What will be the compound interest earned on an amount of ₹ 5000 in 2 years? I. The simple interest on the… · ABC26GN4229
Subject: General Aptitude · Chapter: Compound Interest
What will be the compound interest earned on an amount of ₹ 5000 in 2 years? I. The simple interest on the same amount at the same rate of interest in 5 years is ₹ 2000. II. The compound interest and the simple interest earned in one year is the same. III. The amount becomes more than double on compound interest in 10 years.