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WBCS · Simple and Compound Interest · Quiz

Simple and Compound Interest — quick quiz

5 real WBCS questions on Simple and Compound Interest. Instant scoring and solutions, no signup — see where you stand in ~3 minutes.

Question 1 of 3

MEDIUM

A person invests ₹5,000 in a bank at simple interest and ₹4,500 in a post office. The rate of interest of the bank is 1% more than that of the post office. If he receives a total interest of ₹570 at the end of the year, what is the rate of interest in the post office?