Question

The compound interest received on investing Rs. 4500 for 2 years at compound interest of 20% p.a compounded annually is how much percentage more than the simple interest received on investing Rs. 3300 for 2 years at simple interest of 20% p.a?

A 60%
B 50%
C 40%
D 30%
Practice Next

Hey! Ask a query

🎓
Think You're Ready for RBI Grade B?
RBI Grade B 2026 Phase 1 Memory Based Paper
  • 200 Questions with Detailed Solutions
  • Section-wise Coverage (GA, English, Quant & Reasoning)