The difference between compound interest and simple interest on a sum – McqOptions

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1.	The difference between compound interest and simple interest on a sum for 2 year at 20% per annum is Rs 200. If the interest is compounded half yearly, then what is the difference (in Rs) between compound and simple interest for 15 year?
A.	100
B.	150
C.	50
D.	75
Answer» D. 75

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