The difference between the compound interest and the simple interest on a certain sum at 12% per annum for 2 years is ₹ 90, when the interest is…

CA Foundation · Quantitative Aptitude · PYQS · September 2025
The difference between the compound interest and the simple interest on a certain sum at 12% per annum for 2 years is ₹ 90, when the interest is compounded annually. Then the sum is ₹
(A) A. 6150
(B) B. 6050
(C) C. 6350
(D) D. 6250

Suggested Answer and Working Notes:

Correct Answer: Option (D)

D. 6250

Topics: Part-A: Business Mathematics

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