The simple interest on a certain sum of money for 3 years at 8% per an – McqOptions

MCQOPTIONS

1.	The simple interest on a certain sum of money for 3 years at 8% per annum is half the compound interest on Rs 4000 for 2 years at 10% per annum. The sum placed on simple interest is ________
A.	Rs 1750
B.	Rs 1550
C.	Rs 2000
D.	Rs 1650
Answer» B. Rs 1550

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