MCQOPTIONS
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| 1. |
Mr. Gupta borrowed a sum of money on compound interest. What will be the amount to be repaid if he is repaying the entire amount at the end of 2 years?I. The rate of interest is 5 p.c.p.a.II. Simple interest fetched on the same amount in one year is Rs. 600.III. The amount borrowed is 10 times the simple interest in 2 years. |
| A. | .I only |
| B. | III only |
| C. | I or II |
| D. | II and Either I or III only |
| Answer» E. | |