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  9. Q156

APPSC Group-I 2023 · Question 156 of 233

The Compound interest on a certain sum for 2 years is ₹ 1,512 and Simple interest is ₹ 1,440. If the sum is invested such that the Simple interest is ₹ 2,592 and the number of years is equal to the rate of interest per annum, then find the information given in the report. You would … rate?

General Mental Ability

  1. A5%
  2. B6%Correct
  3. C7%
  4. D8%

Answer: B. 6%

Official answer key verified. Detailed explanation coming soon.

Source: APPSC Group-I Screening Test (Notification 28/2022, held 08-01-2023), Paper-II: General Aptitude, Q40 (adda247 "Decoding APPSC Group I 2023" compilation with official answer key)

← Q155View full paper (233 questions)Q157 →

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