A person got Rs.48 more when he invested a certain sum at compound in – McqOptions

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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.7500
B.	Rs.7000
C.	Rs.8000
D.	Rs.6500
E.	None of these
Answer» B. Rs.7000

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