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Home Questions 7VDVEFU9QX
Target Exam

CUET

Subject

General Aptitude Test

Chapter

Numerical Ability

Topic

Compound Interest

Question:
Sarang invested some money in HDFC at 3% rate of interest. What would be the corresponding simple interest if after 2 years, Sarang got Rs. 101.50 as compound interest?
Options:
Rs. 1015
Rs. 125
Rs. 100
Rs. 150
Correct Answer:
Rs. 100

CUET Questions