Teaching NVS Junior Secretariat Assistant (JSA) Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
What is the difference in the amount of interest on Rs 20,000 if it is invested for 2 years at 10% compound interest and 10% interest under simple interest compounded annually?
1
Rs 200
2
Rs 0
3
Rs 100
4
Rs 2,000