SSC SSC MTS & Havaldar Mock Test Series 2024 Quantitative Aptitude Interest Simple and Compound Both
The interest on a certain sum invested for 1 year at 15% p.a. compounded half yearly is Rs. 1,307.25. What will be the amount (in Rs.) of the same sum at 20% p.a. in \(6\frac{1}{2}\) years at simple interest?
1
18,620
2
17,230
3
19,320
4
18,850