state gov DDA Assistant Section Officer (ASO) Mock Test 2023 Quantitative Aptitude Interest Simple and Compound Both
The compound interest on a certain sum at 4% per annum (compounded annually) for 2 years is ₹ 102. On the same principal at the same rate for the same time, the simple interest will be:
1
₹100
2
₹99
3
₹98
4
₹101