CAT 2020 – The CAT QA section has grown increasingly difficult since 2015. In order to tackle the tougher CAT Level QA questions for the CAT Exam, it is important to understand the basics of CAT. To obtain a great CAT score, make use of MBAP Free Study material with detailed solutions and video explanations. Check out MBAP free Mock test to take these questions in a test format for free.
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The question below is from previous year CAT question from CAT 2020 exam comes from sub-section CAT Interest: For the same principal amount, the compound interest… .
Find out by answering this question which tests an aspirant’s Quantitative Ability Skills:
CAT 2020 – Slot 2 - CAT Interest - Question 8 - For the same principal amount, the compound interest
Question 8. For the same principal amount, the compound interest for two years at 5% per annum exceeds the simple interest for three years at 3% per annum by Rs 1125. Then the principal amount in rupees is