Start learning →

Simple interest at a fixed rate and time changes in direct proportion with the:

ABank name
BBranches
CWeekday
DPrincipal
Answer & Solution
Correct answer: D. Principal
1. Double the principal, double the interest. 2. Simple interest is directly proportional to principal. 3. Compound interest does not behave so simply. _Source: syllabus Mathematics, Chapter 13, Direct and Inverse Proportions._
Practise this question with Quill — CAT →

Keep practising Ratio and Proportion

Browse all Ratio and Proportion questions for CAT, or explore more Quantitative Aptitude topics.

Start a Ratio and Proportion lesson →