engineering recuitment DRDO CEPTAM STA B Tier I (Sr. Technical Assistant) Mock Test 2022 Quantitative Aptitude Interest Compound Interest
A certain sum of money if compounded half-yearly gives Rs. 964 more than the amount the same sum would give if compounded annually for 2 years. If the rate of interest is 20%, find the sum.
1
50000
2
40000
3
60000
4
55000