railway DFCCIL Junior Executive 2023 (CBT 1 & CBT 2) Mock Test Quantitative Aptitude Interest Simple and Compound Both
If the compound interest on a certain sum of money for 2 years at 4% per annum is Rs. 3264, then what would be the simple interest on the same sum for 2 years at the same rate?
1
Rs. 3200
2
Rs. 3600
3
Rs. 2800
4
Rs. 2400