engineering recuitment OSSC Combined Technical Services (ଓଡିଶା) Mock Test 2023-24 Quantitative Aptitude Interest Compound Interest
A fixed deposit of Rs. 50,000 in a bank earns an interest of Rs. 7,245 @ 7% compounded annually. What is the time period of the deposit?
1
2 years
2
\(2\frac{1}{2}\) years
3
3 years
4
\(3\frac{1}{2}\) years