Tech Mahindra Company Numerical Ability Simple & Compound Interest

A Sum at compound interest amounts to Rs.7500 in 2 years and to Rs.9000 in 3 years then rate per annum is

a) 11%
b) 12%
c) 15%
d) 20%

Read Solution (Total 1)

1500/7500 *100=20% is the ans
8 years agoHelpfull: Yes(7) No(3)

Tech Mahindra Other Question

A sum of Rs.5000 was divided into 30 persons such that each man gets Rs.200 and each woman gets Rs.150. Find the number of women.

a) 20
b) 15
c) 18
d) 24 The difference between simple and compound interests on a certain sum for 2 years at 4% per annum is Rs.50. The sum is

a) Rs.20,400
b) Rs.25,000
c) Rs.31,250
d) Rs.38,000