Syntel Company Numerical Ability Simple & Compound Interest

At what rate of compound interest per annum will a sum of Rs. 1200 become Rs. 1348.32 in 2 years?

A. 6%
B. 6.5%
C. 7%
D. 7.5%

Read Solution (Total 1)

6 %

1348.32 = 1200*(1+r/100)^2
1+r/100 = 1.06
r= 6% ... option A
13 years agoHelpfull: Yes(4) No(2)

Syntel Other Question

A sum of Rs. 12,500 amounts to Rs. 15,500 in 4 years at the rate of simple interest. What is the rate of interest?

A. 3%
B. 4%
C. 5%
D. 6%
E. None of these
What is the cost painting the two adjacent walls of a hall at Rs. 5 per m2 which has no windows or doors?

I.
The area of the hall is 24 sq. m.

II. The breadth, length and height of the hall are in the ratio of 4 : 6 : 5 respectively.

III. Area of one wall is 30 sq. m.

A. I only
B. II only
C. III only
D. Either I or III
E. All I, II and III are required.