insurence exam LIC HFL Assistant/Assistant Manager Mock Test Series Quantitative Aptitude Interest Simple and Compound Both
At what rate percent per annum will Rs. 75,000 yields a compound interest of Rs. 6,120 in 6 months if the interest is being compounded quarterly? Calculate the simple interest at the same rate of interest for 18 months.
1
20%, Rs. 20,000
2
16%, Rs. 18,000
3
15%, Rs. 24,000
4
18%, Rs. 20,000
5
None of these