state gov Rajasthan Gram Vikas Adhikari (VDO) Mock Test 2021 Quantitative Aptitude Interest Simple and Compound Both
A certain sum of Rs. 416 is given by Anil to Ambuj at simple interest for 10 years at the rate of 8% per annum. On what sum of money will compound interest of two years be the same at the same rate of interest.
1
Rs. 1000
2
Rs. 2000
3
Rs. 4000
4
Rs. 3000