IBPS
Government Jobs Exams
Numerical Ability
Simple & Compound Interest
a sum of money invested at certain rate of interest compounded annually becomes thrice in 2 years. in how much time will the interest become 26 times that of principal ?
Read Solution (Total 3)
-
- 25 years...
rt=(N-1)100 WHERE N IS NUMBER OF TIMES PRINCIPAL MONEY BECOMES(SHORTCUT METHOD)
SO BY THIS WE CAN...2*R=200, R=100,
NOW
100*T=2500, T=25 YEARS - 10 years agoHelpfull: Yes(1) No(0)
- answer: 6 years
- 9 years agoHelpfull: Yes(1) No(0)
- hi praneeth,
please explain how r=73.2 becomes - 9 years agoHelpfull: Yes(0) No(0)
IBPS Other Question