Simple And Compound Interest Problems For Bank Exams

Simple compound interest problems bankexamstoday.

Simple and compound interest problems for bank exams. Simple interest and compound interest problems for bank exams. Today i am providing 35 important questions fopr bank exams. Compound interest problems asked in competitive exams usually. Simple interest and compound interest questions are mostly asked in banking exams.

So you must learn how to solve compound interest problems with solutions for ssc and bank exams. Simple interest and compound interest problems for bank exams simple and compound interest questions are not the hardest topics in quantitative aptitude but one needs to be good with logic to answer them correctly. So candidates can prepare with all the topics of the quants section. A rs 304 b rs 314 c rs 324 d rs 334 answer.

Find the compound interest on a principal amount of rs 5000 after 2 years if the rate of interest for the 1st year is 2 and for the 2nd year is 4. In quantitative aptitude usually all the topics are same never changed for exam to exam. In the simple interest questions you have to calculate interest according to the time and rate whereas in compound interest questions you have to add interest to the principal sum of deposit or in other words interest on interest.