BANK IBPS Clerk (Pre + Mains) Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
If the compound interest on a sum for 2 years at 4% per annum is Rs. 1275, the simple interest on the same sum at the same rate for the same period of time is
1
Rs. 2,500
2
Rs. 1,250
3
Rs. 2,250
4
Rs. 1,500
5
Rs. 2,025