state gov Jharkhand High Court Assistant Mock Test 2024 Quantitative Aptitude Interest Compound Interest
Shiva borrowed a sum of Rs. 12,000 from a finance company at the rate of 20% p.a. compound interest, compounded annually. What is the CI for a period of 2 years?
1
Rs. 5,280
2
Rs. 4,800
3
Rs. 4,280
4
Rs. 2,400