Question
The simple interest on a sum of money for 3 years is 1,200 at a rate of 10% per annum. What is the compound interest on the same sum for the same time and rate, compounded annually?
More Quant Miscellaneous Questions
- Which component of a computer is responsible for managing and coordinating various hardware components?
- 9 years ago from now, ratio of ages of ‘R’ and ‘L’ was 2:5, respectively. If ‘L’ is 5 years elder to ‘R’, then what will be the age of ‘L’, 5 years hence f...
- Kevin and Ben started a business with initial investments in the ratio of 4:5. After six months, Kevin increased his investment by 25%, and Ben increased h...
- The profit earned on selling an item is 25%. If the cost price of the item was 20% less, and the selling price of the item was Rs. 30 more, then the profit...
- Let A be a 3×3 matrix such that AT =−A and all diagonal entries are zero. Which of the following is always true?
- The income of ‘A’ increases by 25% every year. If the present income of ‘A’ is Rs. 28125 and his expenditure 2 years ago from now was Rs. 12000, then find ...
- Ten years from now, the ages of A and B will be in a ratio of 7:9. C's current age is half of B's current age. Five years from now, the ratio of C's age to...
- The following table shows the monthly sales of a company for the first five months of the year: What is the average monthly sales for the five months?
- The ratio of Pawan's income to Qureshi's income is 6:5. Pawan spends 75% of his income, while Qureshi saves 24% of his income. What percentage of Pawan's s...
- A cyclist travels from point A to point B at a speed of 12 km/h and returns at a speed of 15 km/h. Calculate the average speed for the entire trip if the d...
Relevant for Exams:
Hey! Ask a query
Please enter email id
The email must be a valid email address.
Please enter Mobile Number
Please enter valid Mobile Number
Please enter your Doubt