Question 66

The simple interest on a certain sum of money for 2 years at 7% per annum is double the compound interest on ₹1,000 for 2 years at 10% per annum, compounded annually. What is the sum placed on simple interest?

Create a FREE account and get:

  • Free SSC Study Material - 18000 Questions
  • 230+ SSC previous papers with solutions PDF
  • 100+ SSC Online Tests for Free

Join CAT 2026 course by 5-Time CAT 100%iler

Start your IIM journey with the right preparation and crack CAT 2026.

Ask AI