state gov Gujarat Police Constable Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
The difference between the compound interest (compounding half yearly) for 1 year and the simple interest for 1 year on a certain sum lent out at the annual rate of 10 percent is Rs. 305. What is the sum?
1
Rs. 122000
2
Rs. 12000
3
Rs. 12500
4
Rs. 14700