At a certain rate per annum, Simple Interest on a sum of money for one year is Rs. 260 and Compound Interest on the same sum for 2 years is Rs. 540.80. The rate of interest per annum is?
Options are - a. 4% b. 6% c. 8% d.10% Could anyone be able to provide me with a simple trick to solve this question??? ....
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मॉक परीक्षण अभ्यास के लिए
ssc cgl tier 1
1st year si 260 and 2nd year si 260 then 1st year ci 260*8/100=20.8 then 260*2+20.8=540.8