engineering recuitment ICAR (IARI) Assistant (Pre + Mains) 2022 Mock Test Quantitative Aptitude Interest Simple and Compound Both
A sum amounts to Rs.37,632 at the end of two years at 12% per annum compound interest when interest is compounded annually. What will be the simple interest on the same sum at the same rate for double the earlier period?
1
Rs. 7,200
2
Rs. 8,000
3
Rs. 14,400
4
Rs. 16,000