I. A man deposited his money in a bank which promises to five times the money in 15 year at simple interest. Calculate t

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Q 2269245115.     I. A man deposited his money in a bank which promises to five times the money in 15 year at simple interest. Calculate the years in which it will become 7 times the same rate ?

II. 10 times the time period in years if the compound interest on Rs 20000 at 4% per annum is Rs 1632.

IBPS-PO 2017 Mock Mains
A

I>II

B

I

C

I≥II

D

I≤II

E

I=II or No relation can be determined between I and II

HINT


Solution
(Provided By a Student and Checked/Corrected by EXXAMM.com Team)

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