SSC Delhi Police Head Constable (Ministerial) 2025 Mock Test (New) Quantitative Aptitude Interest Simple and Compound Both
If the principal amount is Rs.1000, the interest rate is 5% per year compounded annually, and the time period is 2 years, what is the total amount after 2 years?
1
Rs.1200
2
Rs.1000
3
Rs.1100.5
4
Rs.1102.5