Get Off-Campus Placement Jobs Info !!!
Programs asked in Mettl Coding Round
Click To Practce List of Programs asked in Nagarro !!!

Quantitative Aptitude :: Simple Interest - Discussion

Home > Quantitative Aptitude > Simple Interest > MCQs Questions Discussion

11 / 27

Choose the correct option.

Given that the interest is only earned on principal, if an investment of Rs.1000.00 amount to Rs.1440.00 in two years, then what is the rate of interest earned?

A20%

B21%

C22%

D23%

Answer: Option (Login/Signup)

Show Explanation

Solution: I= (P*R*T)/100  INTEREST( I)= 1440-1000= 440



440=(1000*R*2)/100  



R=22%

Asked In :: Cognizant

Post Your Answer Here:     

Reply    
Rate This: +2 -0 +
    Report


Report Error

Please Login First Click Here

Reply    
Rate This: +0 -0
    Report


Report Error

Please Login First Click Here