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# What is the rate of interest per annum at which sum of money is invest

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Math Expert
Joined: 02 Sep 2009
Posts: 54376
What is the rate of interest per annum at which sum of money is invest  [#permalink]

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10 Jul 2017, 02:46
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Difficulty:

25% (medium)

Question Stats:

79% (01:35) correct 21% (01:16) wrong based on 33 sessions

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What is the rate of interest per annum at which sum of money is invested under compound interest?

(1) The interest accumulated on the sum of money in the first year is \$120.
(2) The interest accumulated on the same sum of money in the second year is \$144.

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Joined: 12 Nov 2016
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Re: What is the rate of interest per annum at which sum of money is invest  [#permalink]

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10 Jul 2017, 03:23
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What is the rate of interest per annum at which sum of money is invested under compound interest?

(1) The interest accumulated on the sum of money in the first year is \$120.
(2) The interest accumulated on the same sum of money in the second year is \$144.
Re: What is the rate of interest per annum at which sum of money is invest   [#permalink] 10 Jul 2017, 03:23
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# What is the rate of interest per annum at which sum of money is invest

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