Aptitude Test for MBA students


Q.  If simple interest for 2 years for a sum is Rs. 600 and compound interest for the same sum for 2 years and same rate of interest is Rs. 645, what will be the rate of interest?

a. 10%
b. 15%
c. 30%
d. 5%


ANSWER: See Answer
 
No explanation is available for this question!
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