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Quantitative Aptitude

Simple Interest & Compound Interest

For fixed rat...

Question

For fixed rate, in which year is the percentage decrease in interest rate from the previous year the highest?

A

2002

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B

2001

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C

2000

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D

None of these

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Solution

The correct option is A
2002

From the above table, it is clear that percentage decrease was highest in the year 2002.

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