The difference between simple and compound interests compounded annual – McqOptions

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1.	The difference between simple and compound interests compounded annually, on a certain sum of money for 2 years at 6% par Rs. 3.6. What is the sum?
A.	Rs. 800
B.	Rs. 750
C.	Rs. 1,000
D.	Rs. 1,250
Answer» D. Rs. 1,250

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