New Enroll in RBI Grade B New Batch - Starts on May 21

    Question

    The difference between the simple interest and the

    compound interest compounded annually at the same rate on a sum of money at the end of two years is Rs 554. What is the definite rate per cent per annum?
    A 5% Correct Answer Incorrect Answer
    B 8% Correct Answer Incorrect Answer
    C 10% Correct Answer Incorrect Answer
    D Can’t determined Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is D

    Practice Next

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