DSSSB · Mathematics

Anuj and Rahul each invested ₹10,000 at 2% annual interest rate for a period of 4 years. Anuj invested the amount at compound interest (compounded annually), while Rahul invested the amount at simple interest. How much more will Anuj's profit be than Rahul's? It is given – (1.02)4 = 1.0824

  1. ₹24
  2. ₹18
  3. ₹10
  4. ₹12
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