Compound Interest in Aptitude MCQ Quiz (Multiple Choice Questions And Answers)
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11. A sum of money deposited at C.I. amounts to Rs.2420 in 2 years and to Rs.2662 in 3 years. Find the rate percent?
- 0.1
- 0.2
- 0.05
- 0.15
- Rs.400
- Rs. 200
- Rs. 100
- Rs. 800
13. A property decreases in value every year at the rate of 6 1/4% of its value at the beginning of the year its value at the end of 3 years was Rs.21093. Find its value at the beginning of the first year?
- Rs.25600.24
- Rs. 25000
- Rs. 50000
- Rs. 6000
14. Find the least number of complete years in which a sum of money put out at 25% compound interest will be more than double of itself?
- 4 years
- 2 years
- 8 years
- 12 years
