SSC Delhi Police Head Constable (Ministerial) 2025 Mock Test (New) Quantitative Aptitude Interest Compound Interest
A bank provides a loan of ₹55,000 to a shopkeeper at a 5% compound rate of interest (Compounded annually). After 2 years the amount to be deposited by the shopkeeper is:
1
₹65,259.75
2
₹60,637.50
3
₹55,825.75
4
₹62,526.50