Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Quantitative Aptitude Interest Simple Interest

Simple interest on a certain sum of money at the rate of 5% per annum for 4 years is Rs. 800. What will be the compound interest on the same sum for the same period and at the same rate of interest?

1

850

2

840

3

855

4

862

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