engineering recuitment ICAR Technician 2021 Mock Test (Re-Exam) Quantitative Aptitude Interest Simple and Compound Both
A sum of Rs. 10,240 amounts to Rs. 14,848 in 3 years at simple interest at a certain rate percent per annum. The same sum will amount to Rs. x in 1\(\frac{1}{4}\) year at the rate, if the interest is compounded five-monthly. The value of x is:
1
12,342.50
2
12,282.50
3
12,242
4
12,182