railway RRB JE (CBT I + CBT II) Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
On a certain sum of money, the simple interest for 2 years is Rs. 140 at 4% per annum. Find the difference between Compound Interest and Simple Interest on the same sum at same rate and same period.
1
Rs. 1.80
2
Rs. 3
3
Rs. 2.80
4
Rs. 2.40