other govt exam BARC DAE Junior Purchase Assistant / Junior Storekeeper Mock Test Quantitative Aptitude Interest Simple and Compound Both
A lent out Rs. 20000 on the simple interest at the rate of interest 20% for 2 years. After 2 years, the total amount lent on compound interest calculated annually at the rate of interest 10% for a year. What is the total profit A has in 3 years?
1
Rs. 5600
2
Rs. 7200
3
Rs. 10800
4
Rs. 2800