Question
Quantitative Aptitude Question on SI & CI
If Rs. 600 amounts to Rs. 683.20 in two years compounded annually, find the rate of interest per annum.
A
8
B
10
C
9
D
7
Answer
8
Explanation
Solution
The correct answer is Option (A): 8
If Rs. 600 amounts to Rs. 683.20 in two years compounded annually, find the rate of interest per annum.
8
10
9
7
8
The correct answer is Option (A): 8