Teaching KVS Junior Secretariat Assistant (LDC) Mock Test 2022 Quantitative Aptitude Interest Compound Interest
A man borrowed a sum of Rs. 50,000 at 8% per annum compounded annually and he returned Rs. 58,320 to the bank. Find the time period for which he borrowed the sum.
1
6 years
2
2 years
3
4 years
4
3 years