IBPS
Government Jobs Exams
Numerical Ability
Simple & Compound Interest
If the difference between the compound interest (compounded annually) and the simple interest accrued in one and a half years at 8% per annum is Rs. 80. What is the simple interest in three years on the same amount and at the same rate of interest?
A)Rs. 6400 B)Rs. 7200 C)Rs. 5600 D)Rs. 4800 E)None of these
Read Solution (Total 1)
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- P=Rs. 25000 and SI for three years is Rs. 6000
Answer: Option E. - 7 Months agoHelpfull: Yes(0) No(0)
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