Tech Mahindra Company Numerical Ability Simple & Compound Interest

What is the compound interest (compounded yearly) of Rs.5000 at 5% p.a. for 2 years and simple interest at 4% p.a for 2 years?

a) Rs.512.50, Rs.400
b) Rs412.50, Rs.400
c) Rs.512.80, Rs.500
d) Rs.400, Rs.500

Read Solution (Total 2)

answer option a
8 years agoHelpfull: Yes(5) No(0)

Ans optn c
8 years agoHelpfull: Yes(0) No(9)

Tech Mahindra Other Question

In a race of 4Kms A beats B by 100m or 25 seconds, then time taken by A is

a) 15 min 8 sec
b) 16 min 15 sec.
c) 8 min 15 sec.
d) 10 min 17 sec. If difference between compound interest and simple interest on a sum at 10% P.a. for 2 years is Rs.51 then sum is

a) Rs.5000
b) Rs.5100
c) Rs.5800
d) Rs.6000