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

On a sum of money, the simple interest for 2 years is Rs. 660, while the compound interest is Rs. 696.30, the rate of interest being the same in both the cases. The rate of interest is :

Select Answer:

10%
10.50%
12%
None of these

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On a sum of money, the simple interest for 2 years is Rs. 660, while the compound interest is Rs. 696.30, the rate of interest being the same in both the cases. The rate of interest is :

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