CUET General Test - A sum of Rs 10,000 becomes Rs 14,400 on compound interest in 2 years. What is the rate of interest per annum ? | PYQs + Solutions

CUET General Test 2023 7 June Shift 1

Arithmetic

Easy

10%

40%

20%

15%

✅ Correct Option: 3

Related questions:

3 June Shift 2

Consider the compound interest of the following

(A) The compound interest on Rs 30500 at 15% per annum for 2 years, (compounded annually) is: Rs. 9836.25

(B) The compound interest of Rs 5000 at 20% per annum for one year is compounded (half-yearly) is: Rs. 6050.

Which of the following statements is / are correct?

22 May Shift 1

In how many years will a sum of money double itself at 12.5% p.a., at simple interest?

15 May Shift 1

The simple interest on Rs 7200 at 14% per annum for 7 years is:

CUET General Test 2023 7 June Shift 1 PYQs