railway DFCCIL Junior Executive 2023 (CBT 1 & CBT 2) Mock Test Quantitative Aptitude Interest Simple and Compound Both
The compound interest received on Rs. 18,000 for 2 years is Rs. 7,920, when the interest is compounded annually. What is the rate of interest per annum?
1
15%
2
12.5%
3
20%
4
25%