Mathematics · Percentages
The difference between the compound interest (compounded annually) and the simple interest accrued on an amount of Rs. 18,000 in 2 years was Rs. 720. What was the rate of interest per annum?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 110%
- 220%✓
- 315%
- 425%
Correct answer
20%
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Percentages MCQs →Want more practice questions on Percentages?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Percentages