A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum ?

A person got Rs.48 more when he invested a certain sum at compound int

1.	A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum ?
A.	Rs.8000
B.	Rs.6500
C.	Rs.7500
D.	Rs.5000
Answer» D. Rs.5000

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A person got Rs.48 more when he invested a certain sum at compound interest instead of simple interest for two years at 8% p.a. Find the sum ?

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