In how many years will Rs 2,000 yield Rs 662 as compound interest at 10% per annum compounded annually?
Show answer & explanation
Correct answer: A
Explanation
The correct answer is option 1. i.e. 3.
Let time = t years




t = 3
SSC CGL Tier II Quant - 20/02/2018 • Quantitative Aptitude • Q97
In how many years will Rs 2,000 yield Rs 662 as compound interest at 10% per annum compounded annually?
Correct answer: A
Explanation
The correct answer is option 1. i.e. 3.
Let time = t years




t = 3