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CAT 2019 Interest — Previous Year Question

Year

CAT 2019

Section

Quantitative

Topic

Interest

Difficulty

Medium

Question

Slot-1

The difference between compound and simple interest for a loan is ₹114 when invested for 2 yr. The rate of interest is 6% per annum. Find the loan amount.

31666.66

32000

30000

32.666.50

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