On a certain Principal if the Simple interest for two years is Rs 4800 and Compound interest for the two years is Rs 5088, what is the rate of Interest?

On a certain Principal if the Simple interest for two years is Rs 4800 and Compound interest for the two years is Rs 5088, what is the rate of Interest?
1). 6 percent
2). 24 percent
3). 12 percent
4). 18 percent

SSC CGL Books

---

Join Telegram Group

Answer This Question
Name:
Email:
Answer :
Sum of (2+1)
Submit:

Other Questions

1. A certain sum of amounts to Rs. 2,420 in 2 years and Rs. 2,662 in 3 years at some rate of compound Interest, compounded annually. The rate of Interest per annum is

2. Find the difference between the compound interest and the simple Interest on Rs.32,000 at 10% p.a. for 4 years.

3. a sum of Rs.8000 will amount to RS.8820 in 2 years if the interest is calculated every years. The rate of compound interest is

4. If the compound interest on a sum of money for 3 years at rate of 5% per annum is Rs.252.20, the simple interest on the same sum at the same rate and for the same time is

5. If the difference between the compound and simple Interests on a certain sum of money for 3 years at 5% per annum is Rs.15,25. then the sum is

6. Rs.800 at 5% per annum compound annually will amount to Rs.882 in

7. A sum of money on compound interest amounts to Rs.10648 in 3 years and Rs.9680 in 2 years. The rate of interest per annum is :

8. At what rate per cent per annum will asum of Rs.1,000 amounts to RS.1,102.50 in 2 years at compound interest

9. The compound Interest on Rs. 10.000 in 2 years at 4% per annum , the Interest being compounded half-yearly, is :

10. The difference between the compound Interest and simple Interest for the amount Rs.5,000 In 2 years Is Rs 32. The rate of Interest is