engineering recuitment DRDO CEPTAM STA B Tier I (Sr. Technical Assistant) Mock Test 2022 Quantitative Aptitude Interest Simple and Compound Both
If the simple interest on a sum of money at 5% per annum for 3 years is Rs. 1,200, then what will be the compound interest on the same amount at the same rate for the same period?
1
Rs. 1,265
2
Rs. 1,263
3
Rs. 1,261
4
Rs. 1,260