What is the difference (in Rs) between the compound interest (compound – McqOptions

MCQOPTIONS

1.	What is the difference (in Rs) between the compound interest (compounded annually) and simple interest for 3 years on a principal of Rs 2500 at the rateÂ of 30% per annum?
A.	742.5
B.	624.5
C.	714.5
D.	825.25
Answer» B. 624.5

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