Cognizant
Company
Numerical Ability
Simple & Compound Interest
a loan of rs 10,000 on simple interest is taken for as many years as the rate of interest . if the interest to be paid is rs 361 , what is the rate of interest?
Read Solution (Total 4)
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- 1.9%
Given sum=Rs. 10000.
Here interest rate=Number of years=x, then 10000*x*x/100 = 361
=> x^2=361/100
=> x=19/10=1.9 - 6 years agoHelpfull: Yes(4) No(2)
- but option are 19% ,20%,17%and 21% so which one is answer?
- 6 years agoHelpfull: Yes(4) No(3)
- I want answer for this Question
- 5 years agoHelpfull: Yes(1) No(0)
- 361=(10000*x*x)/100
as yrs= rate of interest so yrs = x, solving this x =1 .9 - 4 years agoHelpfull: Yes(0) No(0)
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