BANK Nainital Bank Clerk Mock Test Series 2024 Quantitative Aptitude Interest Simple and Compound Both
A man invested Rs.10000 each in two banks at the same rate of 8% per annum for 2 years, but one at simple interest and the other is compounded annually. After 2 years, the total interest obtained is what percentage of the total sum invested?
1
8%
2
8.16%
3
16%
4
16.32%
5
32%