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Posted By: nazikha       Member Level: Gold       Posted Date: 28 Sep 2008       Category: Aptitude Test

The difference between compound interest and simple interest on an amount of Rs.15,000 for 2 years is Rs.96.What is the rate of interest per annum?



Select Answer:

8
10
12
cannot be determined
None of these



      
Your Test Score: 0 / 0



Next Question: There is 60% increase in an amount in 6 years at simple interest .What will be the compound interest of Rs.12,000 after 3 years at the same rate?
Previous Question: I have 20 rupees. I bought 1, 2, 5 rupee stamps. They are different in numbers by the reason of no change, the shop keeper gives 3 one rupee stamps. So how many stamp(s) I have.
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