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Given below is a question followed by three statements numbered I, II and III. Decide whether the data provided in the statement(s) is/are sufficient to answer the given question. What is the compound interest earned at the end of 4 years? Statement I: The rate of interest is 10 percent per annum Statement II: Simple interest earned on that amount at the same rate and for the same period is Rs. 6000/- Statement III: Compound interest for 3 years is more than the simple interest for that period by Rs. 961.50
Correct Answer: (c)
Official keyThis question appeared in the NPSC Prelims 2024 examination (GS). It is Question 160 out of 200 questions in this paper.
This question was part of the NPSC Prelims 2024 (GS). The NPSC Prelims examination tests candidates on general studies, current affairs, and aptitude through multiple-choice questions.
Practice previous year questions from all NPSC Prelims papers and compare patterns with UPSC Prelims PYQ to identify overlapping topics.