If the difference between the CI and SI on a certain sum of money is ₹ 72 at 12% per annum for 2 years, then find the amount.

Ashutosh Nautiyal

If the difference between the CI and SI on a certain sum of money is ₹ 72 at 12% per annum for 2 years, then find the amount.

  • A. ₹ 6000
  • B. ₹ 5000
  • C. ₹ 5500
  • D. ₹ 6500
 

The correct answer is option B. 5000. Can you explain this answer in the comments?


View Complete Solution Here


Books I recommend for Quantitative Aptitude:


1. How to Prepare for Quantitative Aptitude for CAT by Arun Sharma

2. Ace Quantitative Aptitude For Banking and Insurance

3. Quantitative Aptitude Quantum CAT by Sarvesh K Verma

4. Quantitative Aptitude for Competitive Examinations by R.S. Aggarwal


If the difference between the CI and SI on a certain sum of money is ₹ 72 at 12% per annum for 2 years, then find the amount.




0 Comments