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

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1.	The difference between the compound interest and the simple interest for 2 years on a sum of money is Rs. 60. If the simple interest for 2 years is Rs. 1440, what is the approximate rate of interest?
A.	44%
B.	65%
C.	8%
D.	84%
Answer» D. 84%

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