engineering recuitment ICAR Technician 2021 Mock Test (Re-Exam) Quantitative Aptitude Interest Compound Interest
What is the difference between the compound interest received when a sum of Rs. 12,000 is invested at 20% p.a. for \(1\frac{1}{2}\) years, if the interest is compounded half yearly and if the interest is compounded yearly?
1
Rs. 128
2
Rs. 132
3
Rs. 135
4
Rs. 140