railway RRB NTPC Mock Test Series 2024-25 (CBT 1 + CBT 2) Quantitative Aptitude Interest Simple and Compound Both
Zaved borrowed Rs. 10,000 for 2 years on compound interest, compounded annually and paid Rs. 12,544 at the end of 2 years. If he had borrowed the amount on simple interest, then how much money he would have saved?
1
Rs. 12,400
2
Rs. 2,400
3
Rs. 144
4
Rs. 4,944