Teaching Rajasthan 3rd Grade REET Mains (Level I & II) Mock Test Quantitative Aptitude Interest Compound Interest
The simple interest in 3 years and the compound interest in 2 years on a certain sum at the same rate are Rs. 1,200 and Rs. 832 respectively, then the rate of interest per annum is -
1
8%
2
10%
3
4%
4
5%