state gov DDA Junior Secretariat Assistant (JSA) Mock Test 2023 Quantitative Aptitude Interest Compound Interest
The compound interest compounded semi-annually at a certain rate on a sum of Rs. 1,25,000 at the end of one and a half years is Rs. 15,608. What would be the simple interest on the same sum of money at the same rate of interest for 3 years?
1
Rs. 31,000
2
Rs. 15,000
3
Rs. 31,216
4
Rs. 30,000