The difference between Compound Interest and Simple Interest on a certain sum for 2 years at 6% p.a. is ₹ 13.50. Find the sum

CA Foundation · Quantitative Aptitude · MTP · April 2025
The difference between Compound Interest and Simple Interest on a certain sum for 2 years at 6% p.a. is ₹ 13.50. Find the sum
(A) A. 3750
(B) B. 2750
(C) C. 4750
(D) D. None of these

Suggested Answer and Working Notes:

Correct Answer: Option (A)

A. 3750

Topics: Part-A: Business Mathematics

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