If the difference between the compound interest and the simple interest earned on a sum of money at the rate of 5% p.a. for two years is `4, what is the amount ?

If the difference between the compound interest and the simple inte

1.	If the difference between the compound interest and the simple interest earned on a sum of money at the rate of 5% p.a. for two years is `4, what is the amount ?
A.	Rs. 800
B.	Rs. 1600
C.	Rs. 2400
D.	Rs. 3200
Answer» C. Rs. 2400

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If the difference between the compound interest and the simple interest earned on a sum of money at the rate of 5% p.a. for two years is `4, what is the amount ?

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