engineering recuitment SAIL OCTT Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
Raj invests Rs. 11000 on simple interest at the interest of 20% for 4 years. After 2 years he removed all his investment with interest and invested the total amount on compound interest for the same rate of interest for 2 years. What is the profit he had in 4 years?
1
Rs. 17760
2
Rs. 8970
3
Rs. 15320
4
Rs. 12340
5
Rs. 11176