The difference between simple and compound interests compounded annual – McqOptions

MCQOPTIONS

1.	The difference between simple and compound interests compounded annually on a certain sum of money for 2 years at 6% per annum is Rs.36. What is the sum?
A.	Rs. 12,000
B.	Rs. 8,000
C.	Rs. 9,000
D.	Rs. 10,000
Answer» E.

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