IBPS
Government Jobs Exams
Numerical Ability
Simple & Compound Interest
The simple interest on a certain sum for 2 years at a certain rate of interest is Rs. 2000 and compound interest on the same sum, same time and same rate of interest is Rs. 2050. Then find the ratio between C.I. for 2 years and C.I. for 3 years?
A) 820 : 1361 B) 820 : 1261 C) 1261 : 820 D) 1361 : 820 E) None of these
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