engineering recuitment FSSAI Assistant Mock Test 2021 Quantitative Aptitude Interest Simple and Compound Both
Molay takes a loan of Rs. 10000 for 3 years on compound interest at the rate 20% compounded annually from a bank and he lends it to Sumit on simple interest at the same rate and same period of time. Find the profit/loss of Molay.
1
Loss of Rs. 1680
2
Profit of Rs. 1680
3
Loss of Rs. 1280
4
Profit of Rs. 1280