BANK IBPS RRB Clerk 2025 Mock Test Series (Pre + Mains) Quantitative Aptitude Interest Compound Interest
Shivam invested a sum of Rs. 14,000 for 3 years in a scheme. The rate of interest in scheme A is 5% per annum compounded yearly for the first year and 7% for the 2nd and 3rd year. What will be the compound interest at the end of 3 years?
1
Rs. 2304.67
2
Rs. 2830.03
3
Rs. 4506.78
4
Rs. 2305.56
5
Rs. 1235.67