engineering recuitment ICAR Technician 2021 Mock Test (Re-Exam) Quantitative Aptitude Interest Compound Interest
At a certain rate, a sum becomes\(\dfrac{729}{625}\) of itself in one year when interest is compounded half yearly. What will be the compound interest on Rs. 10,000 for \(2\dfrac{1}{2}\) years at the same rate of interest, if interest is compounded annually (correct to the nearest rupee)?
1
Rs.4,693
2
Rs.4,352
3
Rs.14,352
4
Rs.4,532