Simple and compound Interest


A girl inquires about rate of simple interest at a bank. After that, she deposited some principal amount for 2 years. She deposited an equal principal amount at the same rate for 7 years. The difference between the Simple Interests accrued on both the principals after their terms is Rs. “X”. What is the rate of interest?

solved 0
Quantitative Ability Payal Patidar 2 years 1 Answer 602 views 2

Leave an answer