Math MCQ: The difference between the compound interest and simple interest for the amount 5,000 in 2 years is 32. The rate of interest is ?

The difference between the compound interest and simple interest for the amount 5,000 in 2 years is 32. The rate of interest is ?

Correct Answer: 8%

Make the most of this question

This page focuses on one Math question from English. After checking the answer, return to the topic list to practice more or run a timed set.

← More Math MCQs All English topics Mock test hub

WhatsApp+91 99922 70404Math MCQ: The difference between the compound interest and simple interest for the amount 5,000 in 2 years is 32. The rate of interest is ? | Extra Education