engineering recuitment AAI Junior Executive (Common Cadre) Mock Test 2023 Quantitative Aptitude Interest Compound Interest
The simple interest on a certain sum for 3 years at 12% p.a. is Rs.6,750. What is the compound interest (in Rs.) on the same sum for 2 years at 20% p.a., if interest is compounded half-yearly? (rounded off to the nearest Rs.)
1
7,729
2
8,702
3
8,000
4
6,750
5
None of these