state gov CG Vyapam Hostel Warden (छात्रावास अधीक्षक) Mock Test 2024 Quantitative Aptitude Interest Simple and Compound Both
The simple interest on a certain sum of money for 5 years at the rate of 10% per annum is half the compound interest on Rs. 5,000 for 2 years at the rate of 10% per annum, interest compounded yearly. The sum placed on simple interest is:
1
Rs. 1,050
2
Rs. 1,540
3
Rs. 1,500
4
Rs. 1,450