BANK IDBI Assistant Manager Mock Test 2022 Quantitative Aptitude Interest Simple and Compound Both

Find the difference between the compound and simple interest on a sum of Rs. 25000 over a 2 year period if the compound interest is calculated at 20% and simple interest is calculated at 23%.

1

Rs. 500

2

Rs. 1000

3

Rs. 2000

4

Rs. 250

5

Rs. 750

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