CAT 2018 Interest — Previous Year Question
Year
CAT 2018
Section
Quantitative
Topic
Interest
Difficulty
Medium
Question
Slot-1
The difference between compound interest and simple interest for a certain sum of money for 2 yr is ₹50, the rate of interest being 5% per annum. If the same sum is invested for 3 yr at 5% per annum compound, it will become.
₹22475.50
₹23750
₹24000
₹23152.50
Build Interview Confidence in Days!
Structured mock interviews with real-time feedback help you identify strengths and improve weak areas quickly.
Explore Interview Platform