railway RRB Technician Grade 3 Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
If the compound interest (compounding annually) for the first and second years on a sum of Rs. 8,000 is Rs. 800 and Rs. 880 respectively, find the rate of interest per annum.
1
8%
2
10%
3
12%
4
15%