engineering recuitment OSSC Combined Technical Services (ଓଡିଶା) Mock Test 2023-24 Quantitative Aptitude Interest Compound Interest
What is the maturity amount if ₹40,000 is invested for 2 years, the rate of compounded interest (compounded annually) being 8% for the first year and 10% for the second year?
1
49,550
2
48,400
3
45,270
4
47,520