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Posted By: Merin Kuriachan Member Level: Diamond Posted Date: 23 Jun 2007 Category: Aptitude Test
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A sum of money placed at compound interest doubles itself in 5 years. It will amount to eight times itself at the same rate of interest in :
Select Answer:
7 years
10 years
15 years
20 years
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Your Test Score: 0 / 0
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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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A sum of money lent at compound interest for 2 years at 20% per annum would fetch Rs. 482 more, if the interest was payable half-yearly than if it was payable annually. The sum is :
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