insurence exam LIC Assistant Mock Test Series Quantitative Aptitude Interest Simple and Compound Both
If the simple interest on a sum of money at 5% p.a. for 3 years is Rs. 1200, the compound interest on the same sum for the same period at the same rate is
1
Rs. 1260
2
Rs. 1261
3
Rs. 1264
4
Rs. 1265
5
Rs.1226