The compound interest on a certain amount for 2 years at the rate of 8 p.c.p.a. is Rs. 312. What will be the simple interest on the same amount and at the same rate and same time ?

The compound interest on a certain amount for 2 years at the rate o

1.	The compound interest on a certain amount for 2 years at the rate of 8 p.c.p.a. is Rs. 312. What will be the simple interest on the same amount and at the same rate and same time ?
A.	Rs. 300
B.	Rs. 400
C.	Rs. 500
D.	Rs. 600
Answer» B. Rs. 400

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The compound interest on a certain amount for 2 years at the rate of 8 p.c.p.a. is Rs. 312. What will be the simple interest on the same amount and at the same rate and same time ?

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