Compound Interest — CAT Previous-Year Questions
4 previous-year questions on Compound Interest from CAT, with full solutions. Practise free — check answers as you go; sign in to save your progress.
Compound Interest · CAT PYQs
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
Anil invests some money at a fixed rate of interest, compounded annually. If the interests accrued during the second and third year are ₹ 806.25 and ₹ 866.72, respectively, the interest accrued, in INR, during the fourth year is nearest to
A person invested a certain amount of money at 10% annual interest, compounded half-yearly. After one and a half years, the interest and principal together became Rs 18522. The amount, in rupees, that the person had invested is
Answer the following questions based on the information given below:
There were a hundred schools in a town. Of these, the number of schools having a play – ground was 30, and these schools had neither a library nor a laboratory. The number of schools having a laboratory alone was twice the number of those having a library only. The number of schools having a laboratory as well as a library was one fourth the number of those having a laboratory alone. The number of schools having either a laboratory or a library or both was 35.
A sum of money compounded annually becomes Rs. 625 in two years and Rs. 675 in three years. The rate of interest per annum is