railway RRB NTPC Mock Test Series 2024-25 (CBT 1 + CBT 2) Quantitative Aptitude Interest Compound Interest
What is the approximate present value (in Rs.lakh) of an income of Rs.2.1 lakh to be received after 2 years of compounding if the rate of interest is 5%?
1
1.815
2
1.975
3
1.725
4
1.905