Q. The difference between compound interest and simple interest on an amount of Rs. 15,000 for 2 years is Rs. 96. The rate of interest per annum is?
A) 7%
B) 6%
C) 9%
D) 8%
✔ Correct Answer: 8%
Exam Insight
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A) 7%
B) 6%
C) 9%
D) 8%
✔ Correct Answer: 8%
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