The compound interest on a certain sum at the end of two years is Rs.4 – McqOptions

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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 isÂ Rs.400. The rate of interest per annum is:_x005F_x000D_ Â _x005F_x000D_
A.	0.02
B.	0.8
C.	0.4
D.	0.08
Answer» B. 0.8

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