Question

A sum when invested at simple interest of 10% p.a. becomes Rs. 2,100 in 4 years.
If the same sum was invested at compound interest of 20% p.a. for 2 years, then what would be the amount received after 2 years?

A Rs. 1,620
B Rs. 1,728
C Rs. 1,800
D Rs. 2,160
E Rs. 2,000
Practice Next

More Simple and compound interest Questions

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)