CUET General Test - Rs. 800 becomes Rs. 956 in 3 years at a certain rate of simple interest. If the rate of interest is increased by 4%, what will Rs. 800 amount to in 3 years: | PYQs + Solutions

CUET General Test 2023 15 June Shift 2

Arithmetic

Medium

Rs. 1,020.80

Rs. 1,025

Rs. 1,052

Rs. 1,050

✅ Correct Option: 3

Related questions:

19 May Shift 1

What is the compound interest earned on Rs. 80,000 at 40% per annum in one year, compounded quarterly?

20 May Shift 1

Consider the compound interest of the following

(A) The compound interest on Rs 16000 at 20% per annum for 9 months, compounded quarterly is: Rs 2522

(B) The compound interest on Rs 2800 at 10% per annum for 18 months, compounded annually is: Rs 434

Choose the correct statement(s):

28 May Shift 2

A certain amount, when put at a compound rate of interest, becomes double in 5 years. In how many years will the amount become eight times?

CUET General Test 2023 15 June Shift 2 PYQs