state gov UKPSC RO ARO Mock Tests Series 2025 Quantitative Aptitude Interest Simple and Compound Both
Raman borrows Rs. 12,000 for 3 years at 10.5% per annum simple interest; while Rahul borrows the same amount for the same period at 10% compounded annually. Who pays more and by how much ?
1
Raman, Rs. 132
2
Raman, Rs.145
3
Raman, Rs.158
4
Rahul, Rs.192