CAT 2021 Slot 1

CAT 2021 Exam Question Papers Slot 1 | CAT Quants​

CAT Quantitative Aptitude | CAT 2021 Question Papers​

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All CAT 2021 Quantitative aptitude questions have detailed answer keys and solutions provided by our experts. Watch the videos below to learn the fastest ways to answer the questions:


Anil invests some money at a fixed rate of interest, compounded annually. If the interests accrued during the second and third year are ₹ 806.25 and ₹ 866.72, respectively, the interest accrued, in INR, during the fourth year is nearest to

  1. Rs 931.72

  2. Rs 926.84

  3. Rs 929.48

  4. Rs 934.65


Let the rate of interest is r % per annum

The interest accrued during the second year = ₹ 806.25

The interest accrued during the third year = ₹ 866.72

The extra interest in the third year = 866.72 – 806.25 = ₹ 60.47 is the interest for one year on

the second year interest

  60.47 = fraction numerator 806.25 cross times r cross times 1 over denominator 100 end fraction   = >  r = 7.5%

Interest for the fourth year = Interest for third year + interest for one year on third year interest

                                                 = 866.72 + fraction numerator 866.72 cross times 7.5 cross times 1 over denominator 100 end fraction  

                                                       = 866.72 + 65 =  ₹  931.72 approximately     

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