The difference between simple and compound interest (compounded annual – McqOptions

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1.	The difference between simple and compound interest (compounded annually) on a sum of money for 3 years at 10% per annum is Rs. 93. The sum (inÂ Rs.) is:
A.	30000
B.	30300
C.	3000
D.	3030
Answer» D. 3030

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