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 CI for 2 years and CI for 3 years?
A)820 : 1361 B)820 : 1261 C)1261 : 820 D)1361 : 820 E) None of these
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