Q: What is a difference between simple interest and compound interest – McqOptions

MCQOPTIONS

1.	Q: What is a difference between simple interest and compound interest in 1 year at a rate of 10 percent on an amount of Rs. 1200. If interest is half yearly compounded?
A.	5 Rupees
B.	6 Rupees
C.	3 Rupees
D.	9 Rupees
Answer» D. 9 Rupees

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