engineering recuitment Vizag Steel MT Mechanical 2020 Test Series Quantitative Aptitude Interest Simple Interest
Jacob received a 60% increase in his FD amount in 6 years at simple interest. He wants to invest Rs. 12,000 after 3 years at the same rate however with compound interest. What is the total interest he earns on the Rs. 12000?
1
Rs. 3160
2
Rs. 4120
3
Rs. 3972
4
Rs. 6254