The difference between the compound interest and simple interest on Rs – McqOptions

MCQOPTIONS

1.	The difference between the compound interest and simple interest on Rs. X at 12% per annum for 2 years is Rs. 43.20. What is the value of x?
A.	2,400
B.	3,000
C.	2,800
D.	2,500
Answer» C. 2,800

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