Banking Quantitative Aptitude Simple Interest Question Bank Simple Interest and Compound Interest

  • question_answer
    The simple interest accrued on a certain principal is Rs 6400 in four years at 8 p.c.p.a. What would be the C.I accrued on that principal at 2 p.c.p.a in 2 years?

    A) Rs 808

    B) Rs 750

    C) Rs 980

    D) Rs 720

    E) None of these

    Correct Answer: A


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