SSC SSC CPO Mock Test Series 2025 (Tier I & II) (DP SI & CAPF) Quantitative Aptitude Interest Simple and Compound Both
The difference between compound interest (compounding annually) and simple interest on a sum of Rs. 10,00,000 for 2 years is Rs. 2401. Find the rate of interest per annum.
1
4.9%
2
6.1%
3
5.0%
4
5.2%