engineering recuitment OSSC Combined Technical Services (ଓଡିଶା) Mock Test 2023-24 Quantitative Aptitude Interest Simple and Compound Both
On a certain principal, simple interest obtained is Rs. 2,000 in two years at the rate of 10% p.a. What will be the difference in the amount of interest if the same is compounded on annual basis?
A. Rs 200
B. Rs 220
C. Rs 100
D. Rs 120
1
C
2
D
3
A
4
B