Arithmetic Aptitude :: Compound Interest
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What is the rate of interest p.c.p.a.?
I.
An amount doubles itself in 5 years on simple interest.
II.
Difference between the compound interest and the simple interest earned on a certain amount in 2 years is Rs. 400.
III.
Simple interest earned per annum is Rs. 2000.
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What will be the compound interest earned on an amount of Rs. 5000 in 2 years?
I.
The simple interest on the same amount at the same rate of interest in 5 years is Rs. 2000.
II.
The compound interest and the simple interest earned in one year is the same.
III.
The amount becomed more than double on compound interest in 10 years.
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R = 20.