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

A sum of money invested at compound interest amounts to Rs. 800 in 3 years and to Rs. 840 in 4 years. The rate of interest per annum is :

Select Answer:

2.50%
4%
5%
7%




      
Your Test Score: 0 / 0



Next Question: A man borrows Rs. 12,500 at 20% compound interest. At the end of every year he pays Rs. 2000 as part repayment. How much does he still owe after three such instalments?
Previous Question: What annual payment will discharge a debt of Rs. 1025 due in 2 years at the rate of 5% compound interest?
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