regulatoryBody NABARD Development Assistant 2022 Mock Test Quantitative Aptitude Interest Compound Interest
A sum of Rs. 3200 is invested at 20% per annum compound interest (compounding annually) for two years. How much interest will be received after two years?
1
Rs. 1468
2
Rs. 1324
3
Rs. 1304
4
Rs. 1408
5
None of the above