Question

    Same amount of Rs. 14,400 is given to two persons each at the rate of 8(3/4)% per annum for compound interest and simple interest respectively. What is the difference of interests received from two persons in a year, if interest is payable half yearly.

    A Rs. 25 Correct Answer Incorrect Answer
    B Rs. 27.57 Correct Answer Incorrect Answer
    C Rs. 30 Correct Answer Incorrect Answer
    D Rs. 32.5 Correct Answer Incorrect Answer

    Solution

     

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