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| 1. |
The simple interest at 10% p.a. on a deposit for 2 years is Rs. 4,000. If the interest is compounded on an annual basis, how much more will be the amount of interest? |
| A. | Rs. 200 |
| B. | Rs. 240 |
| C. | Rs. 220 |
| D. | Rs. 190 |
| Answer» B. Rs. 240 | |