Teaching REET Mock Test Series 2024-25 Level 1 & 2 (Hindi-Sanskrit-English) Quantitative Aptitude Interest Compound Interest
A sum of Rs. 8,000 invested at 10% p.a. amounts to Rs. 9,261 in a certain time, interest compounded half–yearly. What will be the compound interest (in Rs) on the same sum for the same time at double the earlier rate of interest, when interest is compounded annually?
1
Rs. 2,500
2
Rs. 2,480
3
Rs. 2,560
4
Rs. 2,520
5
Question Not Attempted