Question

The difference in interest earned between compound and simple interest on a given sum at 8% annual interest over two years is Rs. _____. If the same sum were invested at a simple interest rate of 12% per year for six years, the total interest earned would be Rs. _____.

  • I   384, 43200 I
  • I   288, 32400 II
  • I   192, 21600
A Only II and III
B Only I and III
C Only I and II
D All I, II and III
E None of the above
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