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CAT 2024 Interest — Previous Year Question

Year

CAT 2024

Section

Quantitative

Topic

Interest

Difficulty

Hard

Question

Slot-3

Aman invests Rs 4000 in a bank at a certain rate of interest, compounded annually. If the ratio of the value of the investment after 3 years to the value of the investment after 5 years is 25 : 36, then the minimum number of years required for the value of the investment to exceed Rs 20000 is

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