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

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1.	The difference between the compound interest and simple interest on a certain sum at the rate of 5% p.a in 3 years is Rs. 15.25. The sum is:
A.	Rs. 2000
B.	Rs. 1000
C.	Rs. 2500
D.	Rs. 1500
Answer» B. Rs. 1000

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