Question

    Find the difference between Simple Interest and Compound Interest for a sum of ₹ 8,000 lent at 10% per annum in 2 years.

    A ₹ 60 Correct Answer Incorrect Answer
    B ₹ 70 Correct Answer Incorrect Answer
    C ₹ 80 Correct Answer Incorrect Answer
    D ₹ 90 Correct Answer Incorrect Answer
    E None of these Correct Answer Incorrect Answer

    Solution

    The correct answer is C

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