MCQOPTIONS
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| 1. |
Find the ratio of simple interest to compound interest for 2 years at 4% per annum, compounded yearly in case of compound interest. |
| A. | 50 : 53 |
| B. | 50 : 51 |
| C. | 49 : 50 |
| D. | 48 : 53 |
| Answer» C. 49 : 50 | |