defence exam DGAFMS Group C 2025 Mock Test Series Quantitative Aptitude Interest Simple and Compound Both
What is the difference between the compound interest and the simple interest on Rs. 2,000 at 10% interest per annum for 2 years, if, for compound interest, interest is compounded annually?
1
Rs. 20
2
Rs. 40
3
Rs. 80
4
Rs. 60