BANK SEBI Grade A Phase 1 & Phase 2 Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
A lent out Rs. 30000 to B at compound interest at the rate of 20% per annum for 2 years interest is being calculated annually. B lent out the same amount at compound interest at the rate of interest 10% per annum for 2 years calculated annually. What is the profit or loss B had after 2 years?
1
Rs. 17000
2
Rs. 6900
3
Rs. 10200
4
Rs. 15600
5
Rs. 13400