The difference between the amount of compound interest and simple inte – McqOptions

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1.	The difference between the amount of compound interest and simple interest accrued on an amount of Rs. 26000 at the end of 3 years is Rs. 299.134. What is the rate of interest p.c.p.a ?
A.	17%
B.	19%
C.	22%
D.	Cannot be determined
Answer» B. 19%

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