CAT Question

The difference between simple interest and compound on Rs. 900 for one year at 10% per annum reckoned half-yearly is: 
  • a)
    Rs. 3
  • b)
    Rs. 2.25
  • c)
    Rs. 4.5
  • d)
    Rs. 4
Correct answer is option 'B'. Can you explain this answer?

Related Test

N H
Oct 26, 2021
P=90
year=1
rate=10

simple insterst=pnr÷100
900*1*10÷100=90

compound
p=90
half yearly=365÷2
rate=10

A=p(1+R÷100)n

900×(105)2
900×105×105÷200=992.25

992.5-900=2.25

compound=2.25
simple insterst=

This discussion on The difference between simple interest and compound on Rs. 900 for one year at 10% per annum reckoned half-yearly is:a)Rs. 3b)Rs. 2.25c)Rs. 4.5d)Rs. 4Correct answer is option 'B'. Can you explain this answer? is done on EduRev Study Group by CAT Students. The Questions and Answers of The difference between simple interest and compound on Rs. 900 for one year at 10% per annum reckoned half-yearly is:a)Rs. 3b)Rs. 2.25c)Rs. 4.5d)Rs. 4Correct answer is option 'B'. Can you explain this answer? are solved by group of students and teacher of CAT, which is also the largest student community of CAT. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CAT on EduRev and even discuss your questions like The difference between simple interest and compound on Rs. 900 for one year at 10% per annum reckoned half-yearly is:a)Rs. 3b)Rs. 2.25c)Rs. 4.5d)Rs. 4Correct answer is option 'B'. Can you explain this answer? over here on EduRev! Apart from being the largest CAT community, EduRev has the largest solved Question bank for CAT.
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This discussion on The difference between simple interest and compound on Rs. 900 for one year at 10% per annum reckoned half-yearly is:a)Rs. 3b)Rs. 2.25c)Rs. 4.5d)Rs. 4Correct answer is option 'B'. Can you explain this answer? is done on EduRev Study Group by CAT Students. The Questions and Answers of The difference between simple interest and compound on Rs. 900 for one year at 10% per annum reckoned half-yearly is:a)Rs. 3b)Rs. 2.25c)Rs. 4.5d)Rs. 4Correct answer is option 'B'. Can you explain this answer? are solved by group of students and teacher of CAT, which is also the largest student community of CAT. If the answer is not available please wait for a while and a community member will probably answer this soon. You can study other questions, MCQs, videos and tests for CAT on EduRev and even discuss your questions like The difference between simple interest and compound on Rs. 900 for one year at 10% per annum reckoned half-yearly is:a)Rs. 3b)Rs. 2.25c)Rs. 4.5d)Rs. 4Correct answer is option 'B'. Can you explain this answer? over here on EduRev! Apart from being the largest CAT community, EduRev has the largest solved Question bank for CAT.