engineering recuitment FSSAI Assistant Mock Test 2021 Quantitative Aptitude Interest Simple and Compound Both
If a man invests Rs. 7200 at the rate of interest \(16\frac{2}{3}\% \) per annum on simple interest for two years. If he invests the same sum of money on the same rate of interest at one year on compound interest but compound interest is compounded half-yearly. Then find the sum of Simple interest and compound interest.
1
Rs. 3750
2
Rs. 3650
3
Rs. 3550
4
Rs.3450