IIM-B (BBA-DBE) 2024 #1 - A bank offers 5\% compound interest per annum, calculated on half-yearly basis. A customer deposits ₹3200 each on 1st January and 1st July of a year. At the end of the year, the amount he would have gained by way of interest is: | PYQs + Solutions

Iimb Bbadbe

Arithmetic

Easy

Rs. 242

Rs. 240

Rs. 340

Rs. 342

✅ Correct Option: 1

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IIM-B (BBA-DBE) 2001

P invested ₹1 crore for a period of 5 years. Q invested the same amount for the same period that yields 10% interest compounded annually. At the end of 5 years, P received ₹94,900 more than what Q did. What annual rate of simple interest had P received on his investment?

IIM-B (BBA-DBE) 2024 #2

The simple interest on a certain sum of money invested at 7.5% per annum for 4 years is ₹243. What was the sum (in ₹) invested?

IIM-B (BBA-DBE) 2024 #1 (QA) PYQs

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