state gov OSSSC RI, ARI, AMIN, SFS, ICDS Supervisor Combined Mock Test 2023-25 Quantitative Aptitude Interest Simple and Compound Both
If A person invests Rs. 8000 for 3 years on a certain rate of interest of simple interest and gets Rs. 3600 as interest. If he invests the same money on compound interest for Time 2 years at an equal rate of interest then find compounded interest if the interest is calculated on every 8 months.
1
Rs. 2478
2
Rs. 2196
3
Rs. 2648
4
Rs. 2772