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

MCQOPTIONS

1.	The difference between the compound interest and the simple interest on a certain sum of money for 2 years at 20% per annum is Rs. 200. Find the interest, if the same money is invested for 3 years at 12% per annum at simple interest.
A.	Rs. 1250
B.	Rs. 1000
C.	Rs. 1800
D.	Rs. 2000
E.	Rs. 1200
Answer» D. Rs. 2000

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