SSC IB Security Assistant & MTS Mock Test Series 2023 Quantitative Aptitude Interest Simple and Compound Both
A sum of Rs 2,432 amounts to Rs 2,681.28 in 2 years at a certain rate percent per annum, interest compounded yearly. What will be simple interest (in Rs) on the same sum for \(4\frac{3}{8}\) years at double the same rate?
1
1,094.40
2
1,276.80
3
1,064
4
1,368