If an amount is kept at Simple Interest, it earns Rs.600 in first 2 years but when kept atCompound Interest it earns at interest of Rs.660 for the same period; then the rate ofinterest and principle amount respectively are:

Question

Examsnet · Accepted Answer

Correct Answer is : 20%; Rs.1500

CA CPT 2016 June Question Paper Quantitative Aptitude for online practice