Compound Interest Mcqs
Q. 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. 1550
b. Rs. 1650
c. Rs. 1750
d. Rs. 2000
No explanation is available for this question!
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