At the same amount, the difference between compound interest and ordinary interest amount received in two years at the interest rate is Rs. 60, if the rate of interest is 4% per year, then calculate the amount invested. (In Rs.)

At the same amount, the difference between compound interest and ordin

1.	At the same amount, the difference between compound interest and ordinary interest amount received in two years at the interest rate is Rs. 60, if the rate of interest is 4% per year, then calculate the amount invested. (In Rs.)
A.	Rs. 35,500
B.	Rs. 36,500
C.	Rs. 34,500
D.	Rs. 37,500
Answer» E.

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At the same amount, the difference between compound interest and ordinary interest amount received in two years at the interest rate is Rs. 60, if the rate of interest is 4% per year, then calculate the amount invested. (In Rs.)

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