Question 57

Umesh earns a simple interest of ₹1,600 on a certain sum in two years at the rate of 4% per annum. How much more interest would he have earned if he had invested the same sum at 4% interest per annum, compounded annually?

View More Questions From Quant

Create a FREE account and get:

  • Free SSC Study Material - 18000 Questions
  • 230+ SSC previous papers with solutions PDF
  • 100+ SSC Online Tests for Free

Free SSC Topicwise Questions

SSC Data InterpretationSSC GeometrySSC Linear EquationsSSC Number SystemsSSC Quadratic EquationsSSC TrigonometrySSC AgesSSC ArithmeticSSC Reading ComprehensionSSC VocabularySSC AnalogySSC Coding DecodingSSC DirectionsSSC Meaningful OrderSSC Number SeriesSSC PuzzlesSSC SyllogismsSSC Words FormationSSC Venn Diagram

Join CAT 2026 course by 5-Time CAT 100%iler

Start your IIM journey with the right preparation and crack CAT 2026.

Enroll Now
Ask AI