engineering recuitment ICAR (IARI) Assistant (Pre + Mains) 2022 Mock Test Quantitative Aptitude Interest Compound Interest
Calculating the interest on a semi-annually compounded basis, a sum of money lent at compound interest in a year amounts to Rs. 75,625 and in two years Rs. becomes 94,864. Find the rate of interest per annum.
1
12 Percent
2
6 Percent
3
24 Percent
4
18 Percent