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Posted By: Merin Kuriachan Member Level: Diamond Posted Date: 23 Jun 2007 Category: Aptitude Test

The 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 :

Select Answer:

Rs. 1550
Rs. 1650
Rs. 1750
Rs. 2000

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The 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 :

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