The compound interest on a certain sum of money for 2 years at 5% per – McqOptions

MCQOPTIONS

1.	The compound interest on a certain sum of money for 2 years at 5% per annum is Rs.410. The simple interest on the same sum at the same rate and for the same time is :
A.	Rs.400
B.	Rs.300
C.	Rs.350
D.	Rs.405
Answer» B. Rs.300

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