Question
Quantitative Aptitude Question on SI & CI
Arvind and Govind each invested Rs. 15000 for 3 years at the same rate of interest but Arvind's investment is compounded annually while Govind's investment is charged on simple interest. What amount did Arvind receive more than Govind?
A
Rs. 680
B
Rs. 3450
C
Data insufficient
D
None of these
Answer
Data insufficient
Explanation
Solution
The correct option is (C):Data insufficient