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Question 36Asked in RRB JE CBT-1, 20 Feb 2026, Shift 2 (12:45 PM)

The difference between compound interest, compounded annually, and simple interest

The difference between compound interest, compounded annually, and simple interest for 3 years at a rate of 20% per annum is ₹256. What is the principal lent?
  1. A₹1,000
  2. B₹2,000
  3. C₹3,000
  4. D₹4,000
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Correct answer: (B) ₹2,000

From RRB JE CBT-1 PYQ 20 Feb 2026, Shift 2 (12:45 PM)

This is question 36 of RRB JE CBT-1 PYQ 20 Feb 2026, Shift 2 (12:45 PM). See all questions of this paper with answers, or attempt the paper as a timed online test to get your score and all-India rank.