CTS
Company
Numerical Ability
Simple & Compound Interest
A simple interest earned on a certain amount is doubled the money when invested for 15 years.what interest rate is offered?
a)26.66%
b)12%
c)30%
d)13.33%
Read Solution (Total 12)
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- correct option is (d) i.e. 13.33 %
p*r*15/100=2p
on solving it, we get 13.33 % - 8 years agoHelpfull: Yes(21) No(0)
- As we know that p*r*t/100=I so p*r*15/100=2p so r=13.33%
- 8 years agoHelpfull: Yes(3) No(0)
- we know that the ..... p*r*t/100...so p*r*15/100 =2p....13.333
- 8 years agoHelpfull: Yes(2) No(0)
- SI =P*N*R/100
here interest is doubled for 15years
here n=15
so that,
P*15*R/100=2P
Hence 26.66%
26.66% - 8 years agoHelpfull: Yes(1) No(5)
- si=pnr%100
then n=15,
(p*15*r)/100=2p
so,we get 13.33% - 8 years agoHelpfull: Yes(1) No(0)
- correct option is d.
si=p*r*t/100
2p=p*r*15/100
solving we get 13.33% - 8 years agoHelpfull: Yes(1) No(0)
- (P*R*15)/100= 2P
R= 13.33% - 8 years agoHelpfull: Yes(1) No(0)
- SI= 2p
P*15*r/100=2p
r=13.13% - 8 years agoHelpfull: Yes(1) No(0)
- 13.33%
2p=p*r*15/100
r=13.333 - 7 years agoHelpfull: Yes(0) No(0)
- Ans :13.33
- 6 years agoHelpfull: Yes(0) No(0)
- S.I=(P*T*R)/100
GIVEN T=15
(P*15*R)/100=2P
P WILL BE ELEMINATED.
R=(100*2)/15
R=13.33 - 6 years agoHelpfull: Yes(0) No(0)
- let p =x;
s.i=p*R*T/100;
so 2x=x*R*15/100;
r=13.33%; - 6 years agoHelpfull: Yes(0) No(0)
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