BANK IBPS RRB PO Mock Test Series 2025 (Pre + Mains) Quantitative Aptitude Interest Simple and Compound Both
The difference between the compound interest and simple interest on a sum of Rs 20,000 at the same rate of interest for 2 years is Rs. 648. What is the rate of interest per annum?
1
15%
2
18%
3
28%
4
20%
5
25%