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

MCQOPTIONS

1.	The difference between the simple interest and compound interest on a principal at the rate 5% per annum for 2 years is Rs. 25. What is the principal?
A.	Rs. 12000
B.	Rs. 5000
C.	Rs. 10000
D.	Rs. 15000
Answer» D. Rs. 15000

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