Compound Interest - Quantitative Aptitude (MCQ) questions for Q. 29189

Q.  The difference between simple and compound interest on a certain sum of money for 2 years at 4 percent per annum is Re.1. The sum of money is
- Published on 05 Apr 17

a. Rs. 600
b. Rs. 625
c. Rs. 560
d. Rs. 650

ANSWER: Rs. 625
 
compound interest

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