SSC SSC CPO Mock Test Series 2025 (Tier I & II) (DP SI & CAPF) Quantitative Aptitude Interest Compound Interest
A sum of Rs. 15,000 is lent at 16% p.a. compound interest. What is the difference between the compound interest for the second year and the third year?
1
Rs. 445.44
2
Rs. 548
3
Rs. 454.88
4
Rs. 544