Mathematics · Interest
An entrepreneur invested a certain amount at the rate of 15% per annum compound interest compounded annually. If the total compound interest earned in 2 years was Rs. 12,900, what will be the simple interest earned on the same amount in 4 years at the same rate of interest?
Verified Solution4 OptionsUpdated: October 2026👁️1 View
Share:
- 1Rs. 25,800
- 2Rs. 18,000
- 3Rs. 12,000
- 4Rs. 24,000✓
Correct answer
Rs. 24,000
Download Single Question PDF
Save this question and verified answer as a clean study sheet with live clickable link.
👥
Share with Friends & Study Groups
Challenge your peer aspirants on WhatsApp or Telegram to solve this question!
Online Test Series
Start Free Mock Test →Preparing for Mathematics?
Practice full-length mock tests with real exam timers, instant score analysis, and all-India ranking.
Chapter Practice
Practice Interest MCQs →Want more practice questions on Interest?
Solve complete topic-wise tests with detailed solutions on GkGet.
Related Practice Questions
Recommended practice questions in Mathematics · Interest