engineering recuitment PGCIL Junior Technician Trainee (Electrician) Mock Test 2023 Quantitative Aptitude Interest Simple and Compound Both
The difference between the compound interest and the simple interest on a certain sum of money at 10% per annum for 2 years is ₹200. What is the sum of money, if in the case of compound interest, interest is compounded annually ?
1
₹25,000
2
₹15,000
3
₹12,000
4
₹20,000