SSC Delhi Police MTS (Civilian) Mock Test Series Quantitative Aptitude Interest Simple and Compound Both
What is the difference between the compound interest and simple interest on a sum of Rs.12000 for \(2 \frac{2}{3}\) years at the rate of 15% per annum. If the interest compounded yearly?
1
Rs. 563
2
Rs. 657
3
Rs. 586
4
Rs. 724