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Aptitude · Q106

Compound Interest

Competitive Exams · Aptitude · question 106

Q106

The difference between compound interest and simple interest on a certain sum of money for 2 years at 5% per annum is Rs. 41. What is the sum of money ?

A.
Rs. 7200
B.
Rs. 9600
C.
Rs. 16400
Answer
D.
Rs. 8400

Answer: Option C

Solution

Answer: Option C
Solution: