insurence exam LIC ADO Mock Test 2023 Quantitative Aptitude Interest Simple and Compound Both

If the simple interest on a certain sum of money at 15% p.a. for 2 years is Rs. 8,100 then what is the compound interest on the same sum for 2 years at the same rate?

1

Rs. 8,710

2

Rs. 8,870

3

Rs. 8,707.5

4

Rs. 8,807

5

Rs, 8,700

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