Simple interest on a sum at 4% per annum for 2 years is Rs.80. The com – McqOptions

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1.	Simple interest on a sum at 4% per annum for 2 years is Rs.80. The compound interest on the same sum for the same period is ?
A.	Rs. 81.60
B.	Rs. 160
C.	Rs. 1081.60
D.	None of these
Answer» B. Rs. 160

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