BANK Central Bank Credit Officer Mock Test series 2025 Quantitative Aptitude Interest Simple and Compound Both
Laxmi borrowed certain sum from Raj. Simple interest on that sum for 3 years at 8% per annum is half the compound interest on Rs. 4000 for 2 years at 10% per annum. The sum placed on simple interest is:
1
Rs 1750
2
Rs 2000
3
Rs 1500
4
Rs 1800
5
None of these