railway RPF Constable Mock Test Series 2024 Quantitative Aptitude Interest Compound Interest

A sum amounts to ₹37044 in 3 years at 5% p.a., interest being compounded yearly. If the same sum amounts to ₹x in 16 months at 12% p.a., when the interest is compounded 8-monthly, then the value of x is:

1

38724.30

2

32374.80

3

37324.80

4

33247.80

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