compound interest half yearly - Wikitechy https://www.wikitechy.com/interview-questions/tag/compound-interest-half-yearly/ Interview Questions Tue, 07 Sep 2021 06:02:03 +0000 en-US hourly 1 https://wordpress.org/?v=6.9 https://www.wikitechy.com/interview-questions/wp-content/uploads/2025/10/cropped-wikitechy-icon-32x32.png compound interest half yearly - Wikitechy https://www.wikitechy.com/interview-questions/tag/compound-interest-half-yearly/ 32 32 The ratio of the amount for two years under compound interest annually and for one year under simple interest is 6:5. When the rate of interest is same, then the value of rate of interest is ? https://www.wikitechy.com/interview-questions/compound-interest/the-ratio-of-the-amount-for-two-years-under-compound-interest-annually-and-for-one-year-under-simple-interest-is-65-when-the-rate-of-interest-is-same-then-the-value-of-rate-of-interest-is/ https://www.wikitechy.com/interview-questions/compound-interest/the-ratio-of-the-amount-for-two-years-under-compound-interest-annually-and-for-one-year-under-simple-interest-is-65-when-the-rate-of-interest-is-same-then-the-value-of-rate-of-interest-is/#respond Tue, 17 Aug 2021 14:50:09 +0000 https://www.wikitechy.com/interview-questions/?p=1784

The ratio of the amount for two years under compound interest annually and for one year under simple interest is 6:5. When the rate of interest is same, then the value of rate of interest is ?

A. 20 %

B. 15 %

C. 18 %

D. 22 %

Answer : A. 20 %…

Explanation :

Let Principal = P, Rate = R% per annum
P ( 1 + R/100 )2 / P (1 + R *1 / 100) = 6 / 5
( 1 + R / 100 ) = 6 / 5
R / 100 = 1 / 5
R = 20
Rate of interest = 20%

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