Teaching SUPER TET - UP Assistant Teacher Mock Test Series Quantitative Aptitude Interest Compound Interest
A sum of Rs. 9500 amounts to Rs. 11495 in 2 years at a certain rate percent per annum, interest compounded yearly. What is the simple interest (in Rs. ) on the same sum for the same time and double the rate?
1
3420
2
3800
3
3990
4
4560