CAT 2020 Interest — Previous Year Question
Paper
CAT 2020
Section
Quantitative
Topic
Interest
Difficulty
Medium
Question
CAT 2020
Slot-1
Veeru invested Rs 10000 at 5% simple annual interest, and exactly after two years, Joy invested Rs 8000 at 10% simple annual interest. How many years after Veeru’s investment, will their balances, i.e., principal plus accumulated interest, be equal?
Stand Out in Your CAT Interview Round!
Build confidence with mock interviews tailored to IIM and top B-school patterns. Get instant feedback from mentors.
Explore Interview Platform