If the difference between the simple interest and the compound interest earned on a sum of money at the rate of 4% p.a. for 2 years is Rs 18, what is the principal ?

If the difference between the simple interest and the compound inte

1.	If the difference between the simple interest and the compound interest earned on a sum of money at the rate of 4% p.a. for 2 years is Rs 18, what is the principal ?
A.	Rs. 9250
B.	Rs. 10250
C.	Rs. 11250
D.	Rs. 12250
Answer» D. Rs. 12250

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If the difference between the simple interest and the compound interest earned on a sum of money at the rate of 4% p.a. for 2 years is Rs 18, what is the principal ?

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