engineering recuitment ICAR (IARI) Assistant (Pre + Mains) 2022 Mock Test Quantitative Aptitude Interest Simple and Compound Both
The difference in compound interest on a certain sum at 10% p.a. for one year, when the interest is compounded half-yearly and yearly, is Rs. 88.80. What is the simple interest on the same sum for \(1\frac{2}{3}\) years at the same rate?
1
Rs. 5,986
2
Rs. 5,980
3
Rs. 5,920
4
Rs. 5,916