BANK IBPS RRB PO Mock Test Series 2025 (Pre + Mains) Quantitative Aptitude Interest Simple and Compound Both
The interest earned on Rs. 4800 at a rate of y% compounded annually is Rs. 1008 after 2 years. What
would be the simple interest earned on the same amount at the rate of (y+8)% per annum after 4 years?
1
Rs. 3960
2
Rs. 3456
3
Rs. 3890
4
Rs. 3500
5
Rs. 2550