Compound Interest Mcqs


Q.  On a sum of money, the S.I. for 2 years is Rs. 660, while the C.I. is Rs. 696.30, the rate of interest being the same in both the cases. The rate of interest is________?

a. 10%
b. 10.5%
c. 12%
d. None of these


ANSWER: See Answer
 
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