state gov Kolkata Police Constable Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
What is the difference in interest when a person invests a sum of Rs. 1500 for 2 years at Simple rate of interest of 20% and the same money for same time and the rate is compounded yearly?
1
Rs. 50
2
Rs. 60
3
Rs. 25
4
Rs. 35