SSC CHSL 2022 PYQ — Question 62

The correct answer is Option 1 i.e Rs.1,768.

 $A = P \times {(1 + {R \over 100})^T}$

CI = A - P

$A = 10,625 \times {(1 + {8 \over 100})^2}$

⇒ $A = 10,625 \times {27 \over 25} \times {27 \over 25}$

⇒ A = 12,393

Now, CI = 12,393 - 10,625

⇒ CI = 1,768

Hence the compound interest is Rs. 1,768.