SOF IMO · Simple and Compound Interest · Quiz

Simple and Compound Interest — quick quiz

3 SOF IMO-pattern questions on Simple and Compound Interest. Instant scoring and solutions, no signup — see where you stand in a few minutes.

Question 1 of 3

Medium

A person borrows Rs 15000 at 10% per annum compound interest. If the interest is compounded annually, what amount will he have to pay back after 2 years?