Teaching SUPER TET - UP Assistant Teacher Mock Test Series Quantitative Aptitude Interest Compound Interest
The difference between the compound interest (compounding annually) and the simple interest on a sum of money at the rate of 40 per cent per annum for 2 years is Rs. 2400. What is the amount?
1
Rs. 18000
2
Rs. 15000
3
Rs. 17500
4
Rs. 20000