regulatoryBody NABARD Development Assistant 2022 Mock Test Quantitative Aptitude Interest Simple Interest
A person invested a sum of Rs. 4000 at compound interest for 3 years at 10% per annum rate of interest. How much money should he invest at simple interest so that he earns the same amount of interest at 10% rate of interest in 4 years?
1
Rs. 3820
2
Rs. 3420
3
Rs. 3000
4
Rs. 3310
5
Rs. 3400