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Compound Interest Practice Test 1
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Question : 1
Total: 40
Two customers borrowed the same amount of money, one at CI and the other at SI. After 2 years, the interest payable by one is Rs 315 and by the other is less than Rs 300. Find the sum borrowed by both of them.
Rs 15,670
Rs 21,352
Rs 29,450
Data inadequate
None of these
Validate
Solution:
👈: Video Solution
Since interest paid by the person who borrowedat the simple interest as well the rate of interestis not given, we cannot proceed further.
Hence, the data is inadequate.
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