The difference in compound interest and simple interest on a certain a – McqOptions

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1.	The difference in compound interest and simple interest on a certain amount at 10% per annum at the end of the third year is Rs. 620. What is the principal amount ?
A.	Rs. 40000
B.	Rs. 120000
C.	Rs. 20000
D.	Rs. 10000
Answer» D. Rs. 10000

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