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CAT 2024 Interest — Previous Year Question

Year

CAT 2024

Section

Quantitative

Topic

Interest

Difficulty

Medium

Question

Slot-1

₹45000 was deposited for 4 years at compound interest. If the rate of interest was 6% for 1st year, and it increases by 1% every year. Then find the approx. percentage amount at the end of 4 years.

60000

70000

80000

90000

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