engineering recuitment PGCIL Junior Technician Trainee (Electrician) Mock Test 2023 Quantitative Aptitude Interest Simple and Compound Both
If the difference between the simple interest and compound interest on a sum of money invested for 2 years at the rate of 15% per annum (interest compound annually) is ₹225, then what is the sum?
1
₹8,000
2
₹9,500
3
₹10,000
4
₹9,000