SSC SSC CPO Mock Test Series 2025 (Tier I & II) (DP SI & CAPF) Quantitative Aptitude Interest Simple and Compound Both
The compound interest on a certain sum at a rate of 12% per annum for 2 years is ₹ 1,590. The simple interest on the same sum for double the time period and at half the interest rate per annum is:
1
₹ 1,500
2
₹1,800
3
₹ 1,600
4
₹ 1,400