The difference between the simple interest on a certain sum at the rat – McqOptions

MCQOPTIONS

1.	The difference between the simple interest on a certain sum at the rate of 10%per annum for 2 years and compound interest which is compounded every 6 months is Rs.124.05. what is the principal sum
A.	Rs.6000
B.	Rs.8000
C.	Rs.12000
D.	none of these
Answer» C. Rs.12000

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