engineering recuitment NIELIT Scientific Assistant Mock Test 2025 Quantitative Aptitude Interest Compound Interest
Ashok invested ₹18,000 in a post office for 3 years at 5% compound interest. If the interest is compounded once a year. Then how much amount will he receive after 3 years?
1
Rs. 22,961.50
2
Rs. 21,926.00
3
Rs. 22,6291.75
4
Rs. 20,837.25