Get Started
1086

Q:

Interest earned by Ramesh on Rs.10,000 for 2 years at R% p.a. simple interest is how much more/less than interest earned by him on Rs. 8000 for 2 years at (R+10)% p.a. compounding annually. If Rs. 2000 is invested at 2R% p.a. simple interest for a year, then it would fetch an interest of Rs.400.

  • 1
    Rs.1220
  • 2
    Rs.1000
  • 3
    Rs. 1520
  • 4
    Rs. 930
  • 5
    Rs.1140
  • Show Answer
  • Workspace

Answer : 3. "Rs. 1520"

The Most Comprehensive Exam Preparation Platform

Get the Examsbook Prep App Today