CAT Preparation – Simple Interest Compound Interest Question 02

Question: On a certain sum of money, compound interest earned at the end of three years = Rs. 1456. Compound interest at the end of two years is Rs. 880. Compute the principal invested. A) Rs. 2,400 B) Rs. 2,800 C) Rs. 2,000 D) Rs. 1,600 For more CAT...

CAT Preparation – Simple Interest Compound Interest Question 01

Question: Krishna borrows Rs. 45K from a bank at 10% compound interest. He repays it in three annual installments that are in arithmetic progression. He ends up paying Rs. 54K totally. How much did he pay in year 1? A) Rs. 16,500 B) Rs. 19,500 C) Rs. 21,000 D)...

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Compound interest and simple interest | Compound interest tricks – General Aptitude session 4

The Video is an explanation on how simple and compound interests work, we have provided simple formulas for determination of simple and compound interest. The topic is popular in exams like GATE, GRE, SAT, CAT and other MBA exams, we have also covered how the 72 rule works for...

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