The difference between simple interest and compound interest on Rs. 12 – McqOptions

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1.	The difference between simple interest and compound interest on Rs. 1200 for one year at 10% per annum, reckoned half-yearly is ?
A.	Nil
B.	Rs. 13.20
C.	Rs. 8.80
D.	Rs. 3
Answer» D. Rs. 3

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