Q. The difference between simple and compound interest (compounded annually) on a sum of money for 3 years at 10% per annum is Rs. 93. The sum (in Rs.) is:
A) 30300
B) 30000
C) 3030
D) 3000
✔ Correct Answer: 3000
Exam Insight
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A) 30300
B) 30000
C) 3030
D) 3000
✔ Correct Answer: 3000
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