state gov UP Police ASI Mock Test 2023 - 24 Quantitative Aptitude Interest Simple Interest

Difference between compound interest and simple interest on Rs. 7200 for 2 years at x% per annum is Rs. 200. Find the value of x.

1
15%
2
\(15\frac{1}{3}{\rm{\% }}\)
3
\(16\frac{2}{3}\%\)
4
18%
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