state gov Kerala PSC Degree (Common Preliminary Examination) Mock Test Series 2025 Quantitative Aptitude Interest Compound Interest
An amount deposited for 2 years at simple interest rate 10.5% will yield same interest in 2 years if deposited for compound interest for 2 years (compounded annually) if the rate of compound interest is
1
9.75
2
10
3
10.25
4
10.5