2. Sample Papers
  3. Railways
  4. Quantitative Aptitude
  5. Compound Interest

Railways Quantitative Aptitude Compound Interest Sample Paper Simple Interest & Compund Interest Sample Test Paper-15

  • question_answer
    Compound interest on Rs. 25000 at 20% p.a. for \[2\frac{1}{2}\] years, if interest is compounded annually, is

    A)  Rs. 39600

    B)  Rs. 14600

    C)  Rs. 37500        

    D)  Rs. 12500

    Correct Answer: B

    Solution :

    [b] Amount\[=25000\times {{\left( 1+\frac{20}{100} \right)}^{2}}\times {{\left( 1+\frac{10}{100} \right)}^{1}}\] \[=25000\times {{\left( \frac{6}{5} \right)}^{2}}\times \frac{11}{10}=39600\] \[\therefore \] Compound interest = 39600 ? 25000 = 14600.


You need to login to perform this action.
You will be redirected in 3 sec spinner