The difference between the compound interest and the Simple Interest on a certain sum of money at 5% per annum for 2 years is ₹ 1.50. Find the sum.
CA Foundation · Quantitative Aptitude · MTP · June 2024
The difference between the compound interest and the Simple Interest on a certain sum of money at 5% per annum for 2 years is ₹ 1.50. Find the sum.
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. ₹ 600
Topics: Part-A: Business Mathematics
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