The compound interest on a certain sum at the end of two years is Rs. – McqOptions

MCQOPTIONS

1.	The compound interest on a certain sum at the end of two years is Rs. 408. The simple interest on the same sum for the same time is Rs. 400. The rate of interest per annum is:
A.	80%
B.	40%
C.	4%
D.	8%
Answer» D. 8%

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