Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Quantitative Aptitude Interest Simple and Compound Both
The simple interest on a certain sum of money for 2 years at the rate of 6% per annum comes to Rs. 300. The compounded interest at the same rate, for the same time and on the same sum of money would be:
1
Rs. 310
2
Rs. 308
3
Rs. 307
4
Rs. 309