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

MCQOPTIONS

1.	The difference between simple and compound interest (compounded-annually) on a sum of money for 2 years at 10% per annum is Rs 65. The sum is_________?
A.	Rs 6500
B.	Rs 6565
C.	Rs 65065
D.	Rs 65650
Answer» B. Rs 6565

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