The simple interest accrued on a sum of certain principal in... — Quantitative Techniques and Data Interpretation 2023

Question 758 Quantitative Techniques and Data Interpretation 2023 Medium MCQ +4.00 marks · -1.00 negative

The simple interest accrued on a sum of certain principal in 8 years at the rate of 13% per year is ₹6500. What would be the compound interest accrued on that principal at the rate of 8% per year in 2 years?

A. ₹1040 B. ₹1020 C. ₹1060 D. ₹1200

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