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