The difference between the compound interest (compounded annually) and – McqOptions

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1.	The difference between the compound interest (compounded annually) and the simple interest on a sum of 1000 at a certain rate of interest for 2 years is 10. The rate of interest per annum is :
A.	5%
B.	6%
C.	10%
D.	12%
Answer» E.

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