CATArithmetic > MediumEntered answer:✅ Correct Answer: 9Related questions:CAT 2020 Slot 2For the same principal amount, the compound interest for two years at 5%5\%5% per annum exceeds the simple interest for three years at 3%3\%3% per annum by Rs. 112511251125. Then the principal amount in rupees is2025 Slot 1At a certain simple rate of interest, a given sum amounts to Rs 13920 in 3 years, and to Rs 18960 in 6 years and 6 months. If the same given sum had been invested for 2 years at the same rate as before but with interest compounded every 6 months, then the total interest earned, in rupees, would have been nearest toCAT 2022 Slot 2Mr. Pinto invests one-fifth of his capital at 66%6, one-third at 1010%10 and the remaining at 11%1, each rate being simple interest per annum. Then, the minimum number of years required for the cumulative interest income from these investments to equal or exceed his initial capital is