Top

Discussion

The difference between the compound interest compounded annually and simple interest for 2 years at 20% per annum is Rs.144. Find the principal?

  • A.Rs.3000
  • B.Rs.3300
  • C.Rs.3600
  • D.Rs.3900

Answer: C

P = 144(100/5)⊃2;

=> P = 3600

No comment is present. Be the first to comment.
Loading…

Post your comment