Compound interest on a sum of money for 2 years at 4%per annum is Rs. 2448. simple interest on the same sum of money at the same rate of interest for 2 years will be=?

Compound interest on a sum of money for 2 years at 4%per annum is Rs.

1.	Compound interest on a sum of money for 2 years at 4%per annum is Rs. 2448. simple interest on the same sum of money at the same rate of interest for 2 years will be=?
A.	s. 2500
B.	s. 2400
C.	s. 2360
D.	s. 2250
Answer» C. s. 2360

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Compound interest on a sum of money for 2 years at 4%per annum is Rs. 2448. simple interest on the same sum of money at the same rate of interest for 2 years will be=?

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