state gov JK Police Constable 2024 Mock Test Series Quantitative Aptitude Interest Simple and Compound Both
The difference between compound and simple interests on a certain sum of money for 3 years at 5% rate of interest per annum is Rs. 30.50, find the principal amount.
1
Rs. 2,000
2
Rs. 1,000
3
Rs. 4,000
4
Rs. 3,000