BANK IDBI Assistant Manager Mock Test 2022 Quantitative Aptitude Interest Simple and Compound Both

The simple interest on a certain sum is Rs. 500 and compound interest on the same sum is Rs. 600 for 2 years. Find the rate of interest per annum. (In both case rate is same)

1

40%

2

50%

3

60%

4

30%

5

None of these

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