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

The difference between compound interest and simple interest on a sum for 2 years at 10% per annum, when the interest is compounded annually is Rs. 16. If the interest were compounded half-yearly, the difference in two interests would be :



Select Answer:

Rs. 24.81
Rs. 26.90
Rs. 31. 61
Rs. 32.40




      
Your Test Score: 0 / 0



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Previous Question: A sum of money becomes Rs. 13,380 after 3 years and Rs. 20,070 after 6 years on compound interest. The sum is :
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