Capgemini
Company
Numerical Ability
Simple & Compound Interest
If a certain sum of money at SI doubles itself in 5 yrs then what is d rate?
5% 20% 25% 14.8%
Read Solution (Total 7)
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- let the principal be 100
amount = 200
si=100
si=p*n*r/100
r=100*si/p*n
r=100*100/100*5
r=20 - 12 years agoHelpfull: Yes(40) No(6)
- at 20 % rate of SI, money doubles in 5 years.
- 13 years agoHelpfull: Yes(13) No(13)
- let p=x and s.i =x
put in formula
(x*r*5)/100=x
solving get r=20
i.e r=20% - 10 years agoHelpfull: Yes(6) No(0)
- use direct formula
R *T = 100(no of multiples of principle - 1)
so that R = 100(2-1)/5 = 20% - 10 years agoHelpfull: Yes(3) No(0)
- 100(n-1)=rt
where n=2 bcoz sum of money double itself
r=?
t=5
100(2-1)=5*t
t=20% answer - 12 years agoHelpfull: Yes(2) No(1)
- let sum be p
amount = principle + S.I
A = P + (p*t*r)/100
2p = p + (p*5*r)/100
solving we get r = 20 - 9 years agoHelpfull: Yes(2) No(1)
- 20% perfect
- 7 years agoHelpfull: Yes(0) No(0)
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