Mathematics · Compound Interest
The difference between the simple interest and the compound interest at the same rate for Rs. 32,000 for 2 years is Rs. 80. What is the rate of interest per annum, if interest is compounded annually?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 112% per annum
- 25% per annum✓
- 32% per annum
- 48% per annum
Correct answer
5% per annum
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 Compound Interest MCQs →Want more practice questions on Compound Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Compound Interest