The difference between the compound interest and simple interest earne – McqOptions

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1.	The difference between the compound interest and simple interest earned at the end of second year on a sum of money at 10 % per annum is Rs. 20. The sum is ?
A.	Rs. 4000
B.	Rs. 2000
C.	Rs. 1500
D.	Data inadequate
Answer» C. Rs. 1500

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