If the compound Interest on a certain sum of money for 2 years at 4% p.a. be ₹510, then its simple Interest (S.I.) of same time at same rate of…
CA Foundation · Quantitative Aptitude · MTP · September 2024
If the compound Interest on a certain sum of money for 2 years at 4% p.a. be ₹510, then its simple Interest (S.I.) of same time at same rate of interest is
Suggested Answer and Working Notes:
Correct Answer: Option (C)
C. ₹1000
Topics: Part-A: Business Mathematics
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