state gov DSSSB Junior Assistant, Steno and LDC Mock Test 2023 - 24 Quantitative Aptitude Interest Simple and Compound Both
The simple interest on a certain sum for \(4\frac{1}{2}\) years at 10% p.a. is 60% of the compound interest on a sum of Rs. 12,000 for 1 year at 10% p.a, interest compounded half yearly. The sum on which the simple interest is calculated is:
1
Rs. 1,640
2
Rs. 2,450
3
Rs. 1,680
4
Rs. 2,000