Teaching UGC NET Mock Test Series 2025 (Paper 1 & 2) Quantitative Aptitude Interest Compound Interest
Manoj invested a certain sum in a scheme for 2 years, which gives interest at the rate of 15% compounded annually. If the interest had been compounded 8 months, he would have gained Rs. 68 more, then what is the sum invested by Manoj?
1
Rs 8000
2
Rs 6500
3
Rs 6000
4
Rs 7000