The simple interest on a certain sum of money invested at a certain ra – McqOptions

MCQOPTIONS

1.	The simple interest on a certain sum of money invested at a certain rate for 2 years is Rs 1200. The compound interest of the same sum of money invested at the same rate of interest for 2 years is Rs 1290. What was the principal?A. Rs. 12000B. Rs. 16000C. Rs. 6000D. Rs. 4000
A.	C
B.	A
C.	D
D.	B
Answer» D. B

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