Teaching AWES Army Public School PRT Mock Test 2024 Quantitative Aptitude Interest Compound Interest
The compound interest on a sum of money Rs. 20000 for \(1\frac{1}{4}\) years at the rate of 8\(\frac{1}{2}\)% per annum, compounded annually, is (approx.)
1
Rs. 2147
2
Rs. 1863
3
Rs. 2125
4
Rs. 2550