SSC CGL 2018 PYQ — Question 98

SSC CGL Tier II Quant - 20/02/2018 • Quantitative Aptitude • Q98

What is the compound interest earned on Rs 80,000 at 40% per annum in 1 year compounded quarterly?

Show answer & explanation

Correct answer: B

Explanation

The correct answer is option 2. i.e.37128.

Compound Interest = 

= Rs.37128