Q. What is the difference between the maturity values, if Rs. 12500 is invested for 2 years at 20% per annum simple interest and compound interest?
A) Rs. 650
B) Rs. 750
C) Rs. 500
D) Rs. 550
✔ Correct Answer: Rs. 500
Exam Insight
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A) Rs. 650
B) Rs. 750
C) Rs. 500
D) Rs. 550
✔ Correct Answer: Rs. 500
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