Teaching CTET (Paper 1 & Paper 2) Mock Test Series 2025 Quantitative Aptitude Interest Simple and Compound Both
The difference between the compound interest and simple interest on a certain sum for 2 years at 10 percent per annum when the interest is compounded annually is Rs. 20. If the interest were compounded half-yearly instead of annully, the difference in two interests best approximated would be:
1
Rs. 29
2
Rs. 32
3
Rs. 30
4
Rs. 31