state gov APPSC (ఆంధ్రప్రదేశ్) Group 2 (Pre + Mains) Mock Test 2023 Quantitative Aptitude Interest Compound Interest
Vijay invested a sum of ₹ 8,192 at 15% per annum in State Bank of India. What is the compound interest for the sum invested by Vijay for \(1\frac{1}{4}\) years, if interest is compounded 5 monthly?
1
₹ 1,740
2
₹ 1,735
3
₹ 1,640
4
₹ 1,634